BizForm Learn

Plain-English guides on US formation, EIN, banking and compliance for global founders. Facts only — no upsell fluff.

C-Corp or LLC? The honest answer for non-US founders

The short version: raise venture capital → Delaware C-Corp. Self-owned business → LLC. Here's why, in plain English.

The Delaware franchise tax surprise

Every year, thousands of Delaware C-Corp founders open a letter that reads like a five-figure bill. It usually isn't. Here's why.

Read article EIN & IRS

Your EIN without an SSN

You do not need a US Social Security Number to get an EIN. Anyone charging you $500 for the EIN itself is charging for paperwork the IRS handles free.

Read article IRS

The $25,000 mistake: Form 5472

The single most-missed filing among non-resident founders — and the single best reason a compliance calendar exists.

Read article Compliance

FinCEN BOI: what is actually required now

As of March 2025, US-formed companies are exempt from federal BOI reporting. Anyone charging you to file BOI for a new US LLC or C-Corp is selling a filing the law does not currently require.

Read article Essentials

What a registered agent actually is

A person or company with a physical address in your state of formation that receives legal and state mail during business hours. That's it.

Read article Banking

US banking for non-residents: the truth

Fintech platforms open accounts remotely with EIN + passport. Traditional banks generally do not. Any list that ignores this is selling you something.

Read article Tax

Getting paid and taxed as a foreign owner

W-8BEN, 30% withholding, tax treaties, and why forming in Delaware does not eliminate your home-country taxes.

Read article