If you are a US Citizen or resident who is an officer, a director or a shareholder in a certain foreign corporation, you must be fully aware of Form 5471.
What is Form 5472? Are you a foreign national who plans to start a business in the United States? Or a foreigner who already owns a company that is doing business in the US market? Then it’s essential for you to know more about this IRS Form 5472. This article helps you understand more of this form, what it is for, how to fill it out as well as who is supposed to fill it out.
Malaysia is one of the fastest growing economies in the region – one of its economic progress’ major contributor is its innovative and growing financial sector. Today, Malaysia has 27 commercial banks, 11 investment banks, and 18 Islamic banks. Its banking sector remains well-capitalized, retains profitability, and continuously improving.
Singapore is known as one of the best business hubs in the world. Its economic development has been rapidly growing – and one of the key drivers of its progress is their banking industry. Singapore’s banking sector has helped the country by means of facilitating trades, corporate financing and infrastructure building.
A Certificate of Good Standing — also known as Certificate of Existence or Certificate of Authorization — is a document issued by the Secretary of State. This document shows that a corporation or limited liability company (LLC) exists and is duly formed under the state laws, authorized to do business, compliant with state requirements; it also certifies that annual taxes have been paid to date. This certificate can be obtained easily in the state where your company is based and in as little as one day.