China's $50,000 Forex Quota and Your US LLC: What Actually Works
China's $50K annual forex quota cannot legally fund an overseas LLC. How Chinese founders actually capitalize US entities, the 2026 KYC tightening, and the structural workarounds.
CRS Is Reporting Your Overseas Accounts to China's Tax Authority
China's STA receives financial account data from 100+ countries via CRS. 2025 marked the start of active enforcement. What Chinese founders with overseas entities need to understand.
Form 5472: The $25,000/Year Penalty Chinese LLC Owners Don't Know About
Foreign-owned US single-member LLCs must file Form 5472 annually — even with zero revenue. The penalty is $25,000 per year with no cap. Here's what Chinese LLC owners need to know.
Opening a US Bank Account as a Chinese National (2026 Guide)
How Chinese nationals open US business bank accounts remotely. Mercury, Wise, Relay compared. Why accounts get frozen, what OFAC screening means, and the forex controls that shape how money actually moves.
Chinese Citizen Forming a US LLC: The Complete Guide (2026)
Step-by-step guide for Chinese citizens forming a US LLC. Covers state selection, EIN without SSN, banking, and the SAFE, CRS, and Form 5472 obligations most guides skip.