⚠ IRS Warning

The IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.

LLC Formation for Foreign FoundersMay 28, 2026

Doola LLC Annual Compliance - What Happens After Formation

Summary

Doola formation includes ongoing compliance bundles. This guide covers what Doola handles and what foreign owners are still responsible for under §6038A.

FileTax article card: After Doola Forms It. For Doola customers: what the bundle covers and what it does not.

If you formed a US LLC through Doola, your annual federal compliance picture includes Form 5472 for the IRS. Doola offers compliance subscriptions that bundle several services, but the specific scope of Form 5472 + Pro Forma 1120 filing depends on your subscription tier. Verify what is included before assuming federal information returns are covered.

What Doola files for you and what it does not

Doola provides formation, EIN, and ongoing compliance subscription tiers. Form 5472 + Pro Forma 1120 may be included in higher Doola tiers but is not part of every subscription. The federal obligation is statutory under IRC §6038A regardless of which service files it. The deadline is April 15 (October 15 with extension). Penalty for non-filing is $25,000 per year.

Two unfiled years is $50,000. The penalty under IRC §6038A(d)(1) is $25,000 per Form 5472, per year, with no cap on the total: 2 years x 1 form x $25,000 = $50,000. If a second foreign related party also transacted with the LLC, each year needs two forms and the figure doubles to $100,000.

What Doola provides

Doola is a popular formation and compliance platform for foreign founders forming US LLCs. The standard offering includes:

ItemCovered by Doola?
LLC formation in Wyoming, Delaware or another US stateYes
EIN application on Form SS-4Yes
Registered agent serviceYes
US business address with mail forwardingYes
Operating agreement and founder agreement templatesYes
Banking partner integrationsYes
State-level filings such as annual reports and franchise taxOn some compliance tiers
Form 5472 and Pro Forma 1120Varies by subscription tier. Check yours.

Doola also offers ongoing compliance subscription tiers that bundle state-level filings and some federal services. The specific scope of each tier varies and is updated periodically. Customers should verify what is included in their tier before assuming any federal filing is handled automatically.

The Form 5472 question for Doola customers

Form 5472 + Pro Forma 1120 is the annual federal information return required for every foreign-owned US single-member LLC under IRC §6038A. The form is paper-only (mail or fax to a dedicated Ogden, Utah address); foreign-owned disregarded entities cannot e-file.

Some Doola subscription tiers include Form 5472 preparation and filing as part of the bundle. Others include only state-level filings (annual reports, franchise taxes). The base formation tier typically does not include Form 5472.

If you are a Doola customer, three steps to verify:

1. Check your subscription scope. Log into your Doola dashboard and review what is included in your current tier. Look specifically for "Form 5472" or "federal tax filing" in the included services list.

2. Confirm with Doola support. Email or chat with Doola support to confirm whether Form 5472 + Pro Forma 1120 is filed on your behalf each year. Get the answer in writing for your records.

3. Verify what was actually filed in prior years. If you have been a Doola customer for multiple years, request copies of any federal returns filed on your behalf. If Doola did not file Form 5472 for past years and your LLC had reportable transactions, those years are likely overdue.

Why this matters

The penalty under IRC §6038A(d)(1) is $25,000 per missed year per LLC. If you assumed Doola was filing Form 5472 and they were not, multi-year exposure can stack. The right action depends on whether the IRS has contacted you. Voluntary catch-up before any IRS notice is the strongest path under IRC §6664(c) reasonable cause.

The issue is not specific to Doola. Most formation services do not include Form 5472 in the default offering. Stripe Atlas, Firstbase, Northwest Registered Agent, and others have similar gaps. Doola happens to have ongoing compliance subscriptions that may or may not include the federal information return depending on tier.

What Form 5472 requires

For foreign-owned single-member LLCs, the form reports:

  • Capital contributions from the foreign owner
  • Distributions to the foreign owner
  • Loans between the LLC and foreign related parties
  • Payments for services, sales, or royalties between the LLC and foreign related parties

Almost every operating Doola-formed LLC has reportable transactions each year, because operations involve money movement between the LLC and the owner.

The form is filed with a Pro Forma 1120 cover sheet to:

Internal Revenue Service 1973 Rulon White Blvd, M/S 6112 Attn: PIN Unit Ogden, UT 84201

Fax: 855-887-7737.

What about BOI and the Doola compliance picture?

As of March 26, 2025, US-formed entities are exempt from BOI reporting under the FinCEN interim final rule. Doola customers no longer file BOI for their US LLCs, and prior BOI filings do not need updating. The remaining federal obligation is Form 5472.

For state-level compliance, Doola subscription tiers typically cover Wyoming or Delaware annual reports and franchise taxes. These are state obligations separate from the federal Form 5472 question.

Check your Doola tier, then file the gap

If your Doola tier does not include Form 5472 and your LLC has had reportable transactions in unfiled years, the right action depends on whether the IRS has contacted you. For voluntary catch-up cases, file all unfiled years with a reasonable cause statement under §6664(c). The cornerstone diagnostic is at Missed Form 5472: Penalty Exposure, Relief Paths, and How Bad Your Case Actually Is. For the immediate panic action plan, see What to Do Right Now. For multi-year cases, see Filed 5472 Multiple Years Late.

For standard single-related-party Doola LLC catch-up filings, filetax.co generates the complete packet for $99. Multi-year cases or complex transactions benefit from CPA review.

The IRS's official Form 5472 page is at IRS.gov/Form5472.

Doola customers ask these

Does Doola file Form 5472 for me?

It depends on your subscription tier. Verify by checking your Doola dashboard, contacting Doola support in writing, and confirming what was actually filed in prior years. Do not assume the federal information return is included.

I have a Doola compliance subscription. Why might I still owe Form 5472?

Subscription scope varies by tier. State-level filings (annual reports, franchise taxes) are commonly included; federal information returns may not be in lower tiers. The §6038A obligation is statutory, so any year the form was not filed creates penalty exposure regardless of why.

Doola handles my Wyoming annual report. Does that satisfy Form 5472?

No. The Wyoming annual report is a state filing to the Wyoming Secretary of State. Form 5472 is a federal information return to the IRS under IRC §6038A. They are entirely separate obligations under different jurisdictions.

Does the BOI exemption apply to Doola-formed LLCs?

Yes. As of March 26, 2025, all US-formed entities (including Doola-formed Wyoming or Delaware LLCs) are exempt from BOI reporting. Doola customers no longer file BOI reports.

Can I switch to filetax.co for federal filings while keeping Doola for state-level compliance?

Yes. The federal information return and state-level filings are independent. Many foreign founders use one service for state compliance and another for the federal §6038A filing. There is no requirement to bundle.

Doola moved my LLC to a different state. Does that reset anything for Form 5472?

No. Form 5472 is a federal filing under IRC §6038A and it does not track the state of organisation. A domestication or a re-formation in a new state does not clear an unfiled year, and if a new entity was created rather than the old one moved, you may have two entities with two sets of filings. Check which of the two happened before you file.

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