Thibault

@AntonioEscudero @PabloSantanaT Enjoy the step up man! I was just in KL as well, really liked it

@makerfounder @PabloSantanaT Yeah I upgraded, now I am in Kuala Lumpur in a €400 one xd

Our SaaS just crossed $13,500 in the last month! This is how this came to be: After dropping out one year ago from our CS degree in Spain and having created 3 failed projects in 8 months, my cofounder @PabloSantanaT and I, started working on a new SaaS, RankInPublic. We tried to ship it as quick as possible, we did it in single 16 hour sprint, from idea to MVP. At the time the situation with my family wasn't very good, my parentsrecently divorced and, I was starting to get pressured into going back to university, to finish a degree to work at a 9-5 for the rest of my life... I really felt like a loser. But then one day I saw two posts, one by @levelsio talking about how if he were broke again he would move to Vietnam and lock in, and another by @tdinh_me talking about how they were building the @HackerResidency in Da Nang (Vietnam). This seemed like the perfect opportunity. I took my life time savings, $4k, and I booked a one way ticket and a hotel for $190 a month in Da Nang, Vietnam. Once there I had the chance to meet a lot of incredible people, people that taught us a lot, people who inspired us to push to higher limits. One day, after two months of working on RankInPublic we got our first payment. Someone wanted to sponsor the tournament!!! That day was one of the happiest days of my life :) Since then we have been working hard on RankInPublic, every single day. And now, after 7 months in, and after a few weeks of stagnation and questioning if everything was over, suddenly we started making $1k+ per day. We didn't change a single line of code, but we discovered how to market the product. We had set a goal of $10k a month for our SaaS, and now after achieving the goal in less than two weeks, we are doubling down and setting a new goal, $100k a month. I don't know how much time it will take us, but I know we will achieve it.

@adrianpandev Good call! Takes even less effort to do it for free via our 7004 extension path on 5472Direct.com , we offer a direct delivery option as well for those who don’t want to ship it themselves

This is really important. And so many forget about this. If you are an international owner of a US LLC and you forget to file a pro forma 1120 plus form 5472 by April 15, you could face penalties of $25K. It takes very little effort to file an extension if necessary.

@bowtiedbrazil Timely reminder! You can do it through a guided flow for free on 5472Direct.com , we also offer a direct IRS delivery option with receipt confirmation for those who don’t want to bother shipping it themselves

Reminder for those foreigners with a US LLC- if you are not able to file your 5472 + PF 1120 you must request an extension by April 15 Assuming you don’t owe any tax (in which case you would have 1040-NR to file) you have until October 15 to file Extension form is form 7004

@iptishax Thanks for the public service reminder Iptisha! Worth mentioning that missing this filing can result in a $25k penalty.. To make the process easier for non-US founders, I’ve created 5472direct.com , it’s a guided self-serve filing tool. Will shoot you a DM

have a US entity with non US founders? don’t ignore these filings: > form 1120: US corporate tax return (due April 15) > form 5472 : if 25%+ foreign ownership + related-party transactions (due April 15) even if you are pre revenue, raised funds or just holding money in a wallet, filings still apply

@hieudinh_ And they don’t include federal tax filings either, this can get pricey if you get a CPA. I made 5472Direct.com to make foreign owned LLC compliance easier and more affordable. Might be useful for next year when you need to file

I'm about to open my first US LLC with Firstbase, and then I found these reviews. Also, they say it's only a $399 one-time fee, but why do they require another $299 for an Agent?

@Jindevweb Hey JinPan, I built a guided self-serving tool you might find interesting: 5472direct.com Check it out and if you have any questions feel free to shoot me a DM. Hope that helps!

Hi everyone, I’m a non-US indie developer running a US LLC (single-member, foreign-owned), and I’m looking for a reliable CPA or tax professional to help with filing (Form 5472 + 1120). Ideally someone who: Has solid experience with foreign-owned US LLCs Is detail-oriented (not just filling forms blindly) Can communicate clearly and answer questions If you’ve worked with someone good, I’d really appreciate any recommendations 🙏

@ranveer2252 @PhantomStays Agreed form 5472 sucks, or used to suck, I made 5472direct.com and our users have been saying it's made the process a lot easier for them

@PhantomStays US llc sucks imo... specially with form 5472 which you have to file when you're a foreigner with US LLC..if missed you have to pay 25k USD

Just got off a call with two 🇮🇳 India-based ecom founders selling to the UK + AU. $5M/yr in revenue, $200k/mo in ad spend, operating through a tangle of Hong Kong and UK entities. Sounds impressive on paper. Reality? They were bleeding from every angle. Shopify Payments shut them down on their UK entity. Mastercard fines hit. Their Hong Kong setup is now holding payments, actively tanking revenue. And the whole time, $200k/month in ad spend is flowing through Mercury, a basic bank account with zero rewards. Not a single point earned. Not a dollar of cash back captured. Just raw spend, evaporating. One founder is also still trapped in the Indian tax system, watching the April deadline creep closer. Here's the full rebuild: 🔥 Step one is abandoning the Hong Kong complexity entirely and activating their dormant US LLCs immediately. This unlocks real US banking rails, stops the payment processing bleeding, and gives us a clean foundation to build from. US entities are the fix, not another offshore workaround. 🔥 For payment processing, we're routing them to a private US processor built to handle their 1-2% chargeback rate without flinching. The key is layering in RDR and Ethoca alerts, tools that intercept disputes before they escalate into chargebacks. Keeps them well under the 2-3% threshold that endangers processor relationships and completely sidesteps the Shopify Payments/Mastercard drama that wrecked their UK setup. 🔥 Cash flow from that new processor routes into Slash, not Mercury. Immediate 2% cash back on US spend, scaling to 2.3% once they cross $150k/month in US transactions. On $200k/month in ad spend, that's real money hitting the bottom line while we build toward the bigger prize. Plus they won't shut you down (unlike Merc lol) 🔥 The bigger prize being: a full US credit profile. We begin with starter credit cards to warm up their score, then unlock Amex Business Gold for 4x points on ad spend. At $200k/month, that's millions of Amex points annually, easily worth $3M+ in long-haul business class when redeemed correctly. Chase Sapphire Business Reserve is also on the table, unlimited 3x on ad spend with no cap, no USD billing requirement, qualifies after just two months of US credit building. The stack builds fast once the rails are clean. For the founder needing out of the Indian tax system before April: ✅ No restrictive physical residency required. Paraguay and Panama both offer paper residency paths that legally establish tax nexus outside India. Working with a specialized tax attorney to build proper documentation, he can fully exit the Indian system and step into a high-mobility, effectively 0% tax setup, splitting time between Thailand, Bali, and Europe while the business scales. The gap between where they are and where they're going is honestly wild. $200k/month in ad spend with zero rewards capture, payment processing in active meltdown, and one founder locked in a tax system he has a clean path out of. None of this is complicated once you know the moves. If ur running serious volume through the wrong rails, leaving points and cash back untouched, or stuck in a structure that's bottlenecking instead of enabling growth, we should talk. The spend is already happening. Might as well make it work.

@DanThaKaya Yes and 5472direct.com made it easy to stay compliant with your LLC. Will shoot you a DM

Stripe Atlas made starting a global LLC/C-corp easy from anywhere.

@be_anurag @stripe Yeah it is

@stripe Down? Can't access the dashboard.

@andreacpa0 @J_Stephens_CPA @AccountingAsArt Hi Andrea, since you don’t do 5472s anymore you could send them over to us at 5472direct.com and get an easy affiliate commission. Let me know if you’re interested I can help you set up a link

@J_Stephens_CPA @AccountingAsArt thanks, jeremy. this made me appreciate that i no longer do 5471s

Happy Monday, Gang o'Mine! Yeah, that's all I got so far.

@AI_Jasonyu @AI_Jasonyu 感谢点赞！🙏 之前我给你发了DM，有affiliate合作的想法（推荐工具给粉丝有佣金）。有空的话麻烦查一下DM吧～ 或者这里回复也行！

没错，很多外国老板都中招了。哪怕没收入，single-member LLC也必须每年报5472 + pro forma 1120，不然$25k罚款。我就是5472direct .com的创始人@Makerfounder，做了这个工具专门自动化这个流程——银行数据导入，几分钟生成文件，$199搞定，支持e-file。避开CPA几千块费用，很多非居民老板都在用。需要的话可以看下：5472direct.com （有问题私信我）

卧槽，太讽刺了呀，去年注册的美国公司，Stripe这个账号上就有299美金，我特拉华州的每年税务得缴纳300美金，这特么还得凑1美金提现到水星银行支付税费去~~ 而且Stripe Atlas还得扣我100美金的公司代理地址费用。 呵，忙活了一年不仅白干，还倒贴~~~出海真不是容易得呀

感谢分享你的经历！Fiverr上$50找人做5472 + Pro Forma 1120确实很容易翻车，很多人都遇到过类似问题——工作敷衍、拼写错误、基本逻辑问题都没处理。 我就是5472direct .com的创始人@Makerfounder，专门做了自动化工具解决这个问题：你自己导入银行/信用卡记录，几分钟就能生成高质量的Form 5472 + pro forma 1120，$199搞定，还支持e-file。准确度高很多，而且避免了外包的各种坑。 作为程序员，你应该会喜欢这种自己控制的自动化方案。需要的话可以看下 https://5472direct .com （把空格去掉访问网站，有问题欢迎私信我）

花 50 美元在 Fiverr 找了个南亚人帮我填美国公司的 Pro Forma 1120 和 Form 5472，太敷衍了 🤦‍♂️ 很多我自己和 AI 聊，看一些教程就知道的问题，最无语的是单词拼写错误都没检查…… 不知道是不是找的太便宜了，应该找贵一点的。

感谢William的科普视频！讲得非常清楚。确实很多人以为没资金往来就不用报5472，其实用个人信用卡替公司付成立费用或者代刷，也算“资本投入”，要在Part V披露，一不小心就$25,000罚款。 我就是5472direct .com的创始人@Makerfounder，专门做了这个工具自动化整个流程：导入银行/信用卡记录，几分钟就能生成Form 5472 + pro forma 1120，$199搞定，支持e-file。很多非居民老板都在用，省掉了找CPA几千块的费用。 需要的话可以看下：5472direct.com （欢迎私信问我细节）

科普视频，分享一下美国税务的内容：很多人以为没有资金往来就不用报 Form 5472，其实不一定。哪怕只是用个人信用卡替公司支付成立费用，或者其他代刷，也可能被视为“资本投入”，需要在 Part V 披露。忽略细节，可能面临IRS高额罚款，单表最低罚款 25,000 美元。视频中介绍了一种最简单的情况。

没错，很多外国老板都中招了。哪怕没收入，single-member LLC也必须每年报5472 + pro forma 1120，不然$25k罚款。我就是5472direct .com的创始人，做了这个工具专门自动化这个流程——银行数据导入，几分钟生成文件，$199搞定，支持e-file。避开CPA几千块费用，很多非居民老板都在用。需要的话可以看下：5472direct.com （有问题私信我）

不止是这个哦！你这个只做了州层面的，另外还需要报联邦层面IRS所得税！有美国销售收入 的话，还需要申报Form 5472 + Pro Forma Form 1120，其中LLC类型公司不能独立报税，必须穿透合并到个人申报，也就是必须有ITIN或SSN才可以顺利完成联邦所得税申报！ Crop类型公司可以独立申报联邦所得税，但是联邦层面的公司所得税21%税率，利润分红再次预扣缴中美协定10%就不可节省了！

@0xcryptotax Yes that $25K penalty is tough! I've made 5472direct .com specifically for foreign founders to make filing as quick and easy as possible. Focused on LLCs for now but C Corps are next. Fixing it one step at a time

Form 5472 penalties are unnecessarily unfair to foreign founders. They spin up a DE C Corp, inject $5,000 capital, not generate taxable income, file late because ya know, they don't know US taxes and no tax is due, and STILL get slapped with a $25K penalty. Can we fix this?

@augustofiscal @FredrikHjelm4 yes it's not possible to prove IRS-side rendering. What it does provide is timestamped proof that the filing was successfully transmitted to the IRS fax line. Our angle is making the filing + receipt + recordkeeping clean in one workflow.

@makerfounder @FredrikHjelm4 yeah I've got that confirmation too from hellofax - the issue is that we can't confirm if fax rendered correctly on the IRS side etc. They can claim anything

Is the US actually that business friendly? I set up a Delaware topco last year. Swedish OpCo underneath. The public sentiment then was "America is incredible for business, Europe is a nightmare." Here's the honest take: The start was great: Incorporation was fast and painless. We didn't even provide ID or passports, which felt almost too easy. No real background check? Mercury gave us a bank account almost instantly. Shoutout @immad. In Sweden that can take weeks for KYC reasons Then things got weird: To register shares for the founding team, we had to send physical UPS letters to a Texas IRS office and wait for them to come back stamped. In Sweden you do this online in two minutes We got our EIN number, but needed the original sent by mail or fax for banking purposes. Mail. Or fax As foreigners, we couldn't even use the IRS online application at all And when the online system IS available, it has restricted hours. A website. With opening hours Then the US government went into shutdown. Everything froze. 40 day wait. Banking put on hold Accounting is a similar story. The US feels 20 years behind Sweden, where everything is online and accessible via BankID All of this drives huge professional services spend Lawyers and accountants just to navigate bureaucracy that shouldn't exist The US wins 0 to 1. Fast, frictionless, incredible private infrastructure But Sweden wins on steady state. More digitized public services, lower compliance overhead, less nonsense. I love America, but "America is so business friendly" is half true. Depends which half of building a company you're talking about

@saori_xbt @big_duca @AwakenTax Yeah it’s implemented but they haven’t made their API public yet. Gotta wait for a key

@makerfounder @big_duca @AwakenTax did u build a thing for variational?

Btw my free tool awakenfetch.xyz ended up winning this bounty! Big thanks to @big_duca and @AwakenTax for throwing it out

@augustofiscal @FredrikHjelm4 Thanks! Not an IRS-issued protocol number, it’s fax confirmation showing successful transmission to the IRS line, with timestamp, destination, and page count.

@makerfounder @FredrikHjelm4 cool service buddy, congrats. a bit on the expensive side for my case but very useful. wish you success. curious how the receipt works, whether is a protocol number from IRS or else.