This page sets out the full, unambiguous legal disclaimer governing GovAxis's services and content. Please read it carefully. These disclaimers apply to the GovAxis website, platform, all communications from GovAxis personnel, and all documents prepared by GovAxis on your behalf.
GovAxis is not a law firm and does not employ licensed attorneys providing legal services to clients. Nothing on the GovAxis platform, in our communications, in our educational content, in documents we prepare, or in conversations with GovAxis personnel constitutes legal advice.
No attorney-client relationship is formed between you and GovAxis at any time. The information provided on our platform is general and informational in nature and does not constitute legal counsel specific to your situation, jurisdiction, or business.
For legal advice — including advice on entity selection, corporate governance, intellectual property, employment law, commercial contracts, regulatory compliance, or any other legal matter — you should consult a licensed attorney in the relevant jurisdiction. GovAxis can provide document preparation services, but that is not the same as practicing law.
GovAxis is not a certified public accounting firm and does not provide tax advice. Nothing on the GovAxis platform or in our communications constitutes tax advice.
Your tax obligations as a foreign owner of a U.S. entity are complex and depend on numerous factors including your country of tax residence, bilateral tax treaties between the U.S. and your country, the nature of your business activities and whether they create a U.S. "trade or business," the type of entity formed, and your specific circumstances.
Information we provide about Form 5472, EIN requirements, or U.S. tax obligations is general and informational only. We strongly recommend consulting a licensed CPA or tax attorney with international tax expertise — specifically one familiar with U.S. tax treatment of foreign-owned entities — before making formation decisions or filing any tax documents.
GovAxis's preparation of Form 5472 or other tax-adjacent documents is a document preparation service, not tax advice. You are responsible for ensuring the accuracy and completeness of information provided to us for inclusion in any such filing.
GovAxis is not a bank, credit union, money services business, or financial institution of any kind. GovAxis does not hold, transmit, or manage your funds. GovAxis does not provide banking services, payment processing, credit, or financial products.
Our banking-related services are limited to introductions and pre-screening assistance for third-party banking partners (Mercury, Relay, Wise Business). These banking partners are independent companies subject to their own terms, conditions, and regulatory requirements. GovAxis has no control over and makes no representations regarding the banking partners' decisions to approve or deny your application, the features or pricing of their services, their regulatory status, or any changes to their eligibility requirements.
The tax treatment of a U.S. entity owned by a foreign person is not determined solely by entity type or state of formation. The following general information is provided for educational purposes only and must not be relied upon as tax advice:
Consult a qualified tax professional before forming your entity and annually thereafter.
GovAxis provides banking introduction and pre-screening services as a convenience to customers. We make no guarantee that any banking application will be approved. Banks make independent decisions based on their own internal criteria, risk appetite, and regulatory requirements. GovAxis has no influence over these decisions.
Information we provide about banking partners (Mercury, Relay, Wise Business) and their typical requirements is based on our experience and publicly available information. Banking policies change frequently; information on our platform may not reflect the most current requirements. Always verify directly with the bank before relying on any specific information about their services.
GovAxis cannot guarantee specific outcomes, including but not limited to:
We will make reasonable efforts to advance your formation and comply with all applicable requirements, but we cannot control the actions of state agencies, the IRS, banking partners, or other third parties.
Our platform and educational resources may reference third-party sources, regulations, and services. GovAxis makes no representations about the accuracy or completeness of third-party information, which may change without notice. Links to third-party sites are provided as a convenience and do not imply endorsement.
Laws governing business formation, foreign ownership, beneficial ownership reporting, and related matters vary by jurisdiction and change over time. GovAxis's informational content is written primarily from the perspective of U.S. federal and Delaware/Wyoming state law. Your home country may have additional requirements — including registration, reporting, tax treatment, or foreign investment restrictions — that apply when you form or operate a U.S. entity. GovAxis is not responsible for ensuring your compliance with laws outside the United States.
To the maximum extent permitted by applicable law, GovAxis's liability arising from or related to your reliance on information provided on the platform — whether in connection with entity selection, tax treatment, banking, compliance, or otherwise — is limited to the service fees you paid to GovAxis. GovAxis is not liable for indirect, incidental, special, or consequential damages, including lost profits, penalties imposed by government agencies, or banking-related losses, arising from your reliance on GovAxis's information or services.
These limitations apply even if GovAxis has been advised of the possibility of such damages.
Questions about this disclaimer? Email legal@govaxis.org.