Selling into the US as a US vendor
Canada treats a US LLC as a corporation anyway, while the IRS looks through it. A C-Corp is a corporation in both, which lines the two up.
From Canada · The Americas
For Canadian founders who sell into the US as a US vendor or raise from US investors. You already have Stripe, and Mercury and Wise Business both serve founders here. Canada treats a US LLC as a corporation, which is why many Canadians choose a C-Corp instead. Read that section before you order.
Launch + Wyoming filing; the tax return is separate.Checked by Saais Patel, compliance reviewer.
At a glance
Mercury takes applications from founders living in Canada. Wise Business is the usual second account.
The banks, in detailYou can form a US company while living in Canada, without an SSN or a US visit, and Mercury and Wise Business both open for founders here. Launch starts at $351.40 in Wyoming, including our plan and state filing fee. The Canadian question is which entity. Canada treats a single-owner US LLC as a corporation while the IRS looks through it, so many Canadians choose a C-Corp. Either way, report it on Form T1134 each year.
Before you form
Wyoming LLC
Only after cross-border advice; Canada sees it as a corporation.
Delaware C-Corp
Selling into the US or raising; a corporation in both countries.
Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.
Prepare the information
You don't need a Canadian corporation to form a US company. The EIN is the US company's tax ID. Send identity documents through a secure request, and only the ones asked for.
How it works
The state approves the company, the IRS issues the EIN and each provider approves its own account. In Canada, your cross-border accountant handles the CRA; we don't file there.
You and your accountant
Decide whether you need a US company at all, and whether an LLC or a C-Corp suits you, given that Canada treats an LLC as a corporation.
You leave this stage with: An entity choice that works in both countries.
You choose; BaseAcross checks
We check the proposed name and provide the registered agent in the formation state. The registered office is for legal papers, not your operating address.
You leave this stage with: Confirmed filing details and a registered agent.
BaseAcross files; the state approves
We submit the formation filing and send you the state's documents once it's approved. The company exists from that approval.
You leave this stage with: State-approved formation documents.
BaseAcross
We draft the LLC Operating Agreement or corporate bylaws. Check every name and share against your passport before you sign.
You leave this stage with: Operating documents for your records, your bank and US providers.
BaseAcross prepares; the IRS issues
The EIN is a separate application after formation. Without an SSN or ITIN, it goes on Form SS-4 rather than the IRS's online tool.
You leave this stage with: The IRS's EIN confirmation once it's issued.
You apply; the providers review
Start with Mercury or Wise Business, which both serve founders living in Canada. Use the same names, addresses and business description everywhere.
You leave this stage with: An approved account, if a provider accepts the application.
You, your US preparer and your accountant
Record where the board meets and every payment between you and the company. Put the US returns, Form T1134 and your Canadian return on one calendar.
You leave this stage with: A yearly calendar with someone responsible for each filing.
Plan the wait
Published service estimates and prerequisites for a Wyoming company from Canada
These are service estimates, not promised completion dates. The IRS and each provider set their own processing times. Names or addresses that differ between documents slow every stage.
What it costs
Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.
What a Wyoming LLC costs from Canada, line by line, and what to budget for outside our plans.
Included in both plans
The registered agent renews with the plan. Operate adds its published business tools and bookkeeping. Neither plan files your tax returns in either country.
Launch
To start, before optional extras
$351.40
OperateBilled yearly
To start, before optional extras
$2,490.40
Optional extras are priced before you order, such as filing ahead of our next batch for $39. See full pricing.
$149 service fee / year
Optional on both plans. The state's charge is separate, and a reminder alone doesn't file the report.
State filing serviceArrange separately
You or your accountant handle Form 5472 and any other US returns on Launch and Operate. Ask the preparer for their scope and fee.
Federal filing responsibilitiesQuote from your accountant
Which entity fits, where it's resident and what you file depend on your circumstances.
Published in full pricing
Check domain renewals and when Launch's email, phone and site trials end. Operate includes its stated tools while subscribed.
Plans, trials and add-onsThe $309 Launch renewal example is the $249 plan renewal plus Wyoming's $60 minimum license tax. Wyoming charges the greater of that minimum or 0.0002 of the company's assets located and employed in the state, and paying online can add a processor fee. The Operate example uses the same minimum.
Prices are in US dollars. Paying from Canada, check your card's exchange rate and fees.
Use the first-year cost calculator to compare plans and optional tools. Then add your cross-border accountant's fees and US return preparation to that budget.
Launch
To start
$351.40
$249 our fee + $102.40 Wyoming fee
Renews from $309 a year
OperateBilled yearly
To start
$2,490.40
$2,388 our fee + $102.40 Wyoming fee
Renews from $2,448 a year
Included in both plans
What changes because you live here
1 of 4: The tax treaty
The tax treaty
The US–Canada income tax treaty is in force and detailed.
It exempts most interest from US withholding, caps dividends at 15%, or 5% for a qualifying company shareholder, and exempts most royalties. Its rules for entities that are see-through in one country and not the other are why a cross-border accountant matters.
How the CRA sees it
The LLC point comes from the US Treasury's explanation of the treaty, and T1134 from the CRA's own form. Residence and FAPI come from PwC's summaries. They run alongside the US steps below.
You and your accountant
A single-owner LLC is see-through for the IRS but a corporation for the CRA. A C-Corp is a corporation for both.
You and your accountant
Central management and control in Canada, usually where the board meets and decides, makes the company Canadian-resident.
You
File Form T1134 for the US company as your foreign affiliate. A dormant one needs less detail.
You and your accountant
FAPI taxes certain passive income of a controlled foreign affiliate in Canada as it's earned.
Worked example
This follows the CRA's T1134 instructions. Your accountant confirms the figures.
Your US company had gross receipts of CAD 80,000 in its year, and assets worth CAD 50,000.
Receipts are under CAD 100,000 and assets under CAD 1 million, so it counts as dormant.
You still file T1134, with less detail for that affiliate.
Gross receipts count every receipt, loans included, not just income.
What Canada expects
Canada treats a US LLC as a corporation, taxes a company centrally managed from Canada as resident, and asks for Form T1134 on a foreign affiliate every year. Choose between an LLC and a C-Corp with a cross-border accountant.
A single-owner US LLC is see-through for US tax, but Canada treats it as a corporation. The two countries then tax different things, and credits for one country's tax may not match the other's.
A company formed abroad is resident in Canada if its central management and control is exercised there, usually where the board meets and decides. A US company you run from Toronto can be Canadian-resident.
A Canadian resident whose foreign corporation is a foreign affiliate files Form T1134 every year, within 10 months of the end of the tax year. A dormant affiliate, with gross receipts under CAD 100,000 and assets of CAD 1 million or less, needs less detail.
Under the FAPI rules, certain passive income of a controlled foreign affiliate is taxed in Canada as it's earned, whether or not it's paid out.
You're resident if you keep a continuing relationship with Canada, such as a home or family there, and deemed resident after 183 days in a year. Foreign tax can be credited against Canadian tax on the same income.
On the record
We form US companies. We aren't Canadian tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Canada before you order, and we'll tell you what the US forms need.
After formation
A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you. Money you put in, take out or are paid for your work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.
For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.
Form 5472 and the pro forma 1120Keep the registered agent active and track the state's yearly charge. In Canada, file Form T1134 within 10 months of your tax year end, and your return with any income from the company in it.
US-created companies are exempt from BOI reporting under FinCEN's current rule, effective 14 August 2026. Banks and payment providers still verify who owns the company.
| Task | Who handles it | Where the responsibility ends |
|---|---|---|
| Formation and EIN application | BaseAcross prepares and submits | The state approves formation; the IRS issues the EIN. |
| Bank and payment applications | You, with our guidance | The provider verifies the information and decides. |
| Form T1134 and your Canadian return | You and your cross-border accountant | We provide the US company records they need. |
| Annual state filing | You, or our optional filing service | Reminders are included; managed filing and the state charge are separate. |
| US federal returns | You and your US tax preparer | Launch and Operate remind you; they don't file the return. |
Prepare the conversation
Bring the owners, where each lives, the entity you're considering, where the board will meet and the business activity. Agree who handles each filing in Canada and in the US.
Download the checklist for your accountant (.txt)Given that Canada treats a US LLC as a corporation, should I form an LLC or a C-Corp?
If I form an LLC, how do the treaty's rules for see-through entities apply, and can I credit any US tax?
Would the company's central management and control be in Canada, making it Canadian-resident?
Is the company a foreign affiliate I report on Form T1134, and would it count as dormant?
Would any of its income be FAPI, taxed to me as it's earned?
Would a Canadian corporation serve me better than either US entity?
How should I keep records for the US returns and my Canadian return?
Questions
If yours is not here, email us at hello@baseacross.com before you order.
Yes. US law doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications all happen remotely. The question for a Canadian is whether an LLC is the right entity, because Canada treats it as a corporation.
Often a C-Corp. A single-owner US LLC is see-through for US tax, but Canada treats it as a corporation, so the two countries tax different things and credits may not line up. A C-Corp is a corporation in both. Decide with a cross-border accountant before you order.
It can. A company formed abroad is resident in Canada if its central management and control is exercised there, usually where the board meets and decides. A US company you run from Canada can be Canadian-resident, and the treaty's tie-breaker then matters.
Yes, on Form T1134 if it's your foreign affiliate. A Canadian resident files it every year, within 10 months of the end of the tax year. A dormant affiliate, with gross receipts under CAD 100,000 and assets of CAD 1 million or less, needs less detail.
Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Your cross-border accountant's fees, US return preparation and Canadian filings are separate. Wyoming's license tax can be more than its $60 minimum.
Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number.
Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Banks, payment providers and Stripe each set their own review times. These are estimates, not promises.
Usually you can apply. Canada isn't on Mercury's list of countries it doesn't serve, and the list goes by where you live. Mercury still reviews each company and can decline.
Usually, yes. Canada is on Wise's list of places where people can hold money, so a US company run from Canada can get USD account details. Wise reviews each business.
No. Stripe supports businesses in Canada. A US company is for selling as a US vendor, US contracts, US investors or platforms that need one.
Generally not. Pay for work you do in Canada is generally not US-source income, so a US company with no US office or staff often owes no US income tax on it. A single-owner LLC still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you.
Yes, it's in force. It exempts most interest from US withholding, caps dividends at 15%, or 5% for a qualifying company shareholder, and exempts most royalties. Its rules for see-through entities are detailed, which is why a cross-border accountant matters.
It's Canada's rule for passive income in a controlled foreign affiliate, such as certain income from property. That income is taxed in Canada as it's earned, whether or not it's paid out. An active business is generally outside it.
On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Form T1134 and your Canadian return are for you and your cross-border accountant.
US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.
Sources and editorial scope
Prepared by the BaseAcross team and reviewed by Saais Patel, compliance reviewer. Sources checked . This is general formation information, with source links for the tax and banking context. An individual tax or legal review remains with your qualified advisers.
The LLC point is read from the US Treasury's technical explanation of the 2007 protocol, and T1134 from the CRA's own form and instructions. Residence and FAPI come from PwC's Worldwide Tax Summaries, a professional summary. Confirm the current position with your accountant before acting.
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