Özgür Kuşkonmaz

Özgür Kuşkonmaz

Head of Business Development at Clemta

Articles by Özgür Kuşkonmaz

How to Start an E-commerce Business in the US: A Guide for Non-Residents

How to Start an E-commerce Business in the US: A Guide for Non-Residents

The United States remains a powerhouse for e-commerce, offering unparalleled market access and growth potential. If you're a non-resident entrepreneur looking to tap into this lucrative market, you've come to the right place. This guide will walk you through the crucial steps of establishing and running a successful e-commerce business in the US, covering everything from company formation to navigating the complexities of US taxes.

What Is Form 5472? Everything Non-US Entrepreneurs Need to Know

What Is Form 5472? Everything Non-US Entrepreneurs Need to Know

Form 5472 is an essential IRS tax form for foreign-owned businesses operating in the United States. It ensures transparency in financial transactions between US businesses and their foreign owners or affiliates, helping prevent tax avoidance. Non-compliance with this form can result in severe penalties, starting at $25,000, and increased scrutiny from the IRS. For non-US entrepreneurs, understanding and accurately filing Form 5472 is crucial to maintaining good standing and avoiding complications.