Tousif Akram
Tousif Akram is an entrepreneur from India, a business consultant, IRS Certified Acceptance Agent (CAA) and a PTIN holder, and the founder of FormLLC. He founded FormLLC in 2020 in order to make starting and managing businesses in the United States easier for entrepreneurs from outside the country. Using FormLLC, Tousif Akram and his team help entrepreneurs from abroad to form a U.S. LLC, get their EINs, do BOI reporting, comply with other business requirements, register an agent, etc. The company works with clients from India, the UAE, Spain, the United Kingdom, Singapore, and more than 50 other countries. Tousif Akram has a background in accounting and more than five years of work experience. He is an IRS Certified Acceptance Agent and a PTIN holder as well. With the help of FormLLC team, he has already helped more than 5,000 entrepreneurs start and manage businesses in the U.S.
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| Tousif Akram in 2026 | |
| Born | Patna, Bihar, India |
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| Nationality | Indian |
| Education | Accounting |
| Occupation | Entrepreneur, Business Consultant |
| Years active | |
| Known for | Founder of FormLLC |
| Notable works | FormLLC, Bizfylr Solutions Pvt Ltd |
| Awards | |
| Parents | |
| Religion | Islam |
Early Life & Education
Tousif Akram hails from Patna, Bihar, India. He acquired his interest in the fields of accounting, finance, business, and international financial systems during his early career life. He has accounting education and developed his knowledge regarding the same through practical learning in financial markets and business services. His understanding of financial procedures enabled him to understand the challenges experienced by international entrepreneurs when trying to start a business in the USA. Prior to starting his company FormLLC, Akram was working as a stock market analyst and investor in the stock market of the USA. In this phase, he got acquainted with problems related to international fund transfers, banking procedures, tax issues, and financial structure of the USA. These experiences of his finally led him towards conducting independent research on the LLC formation in the USA.
Career
Tousif Akram started his career as an analyst and investor of the stock market. In dealing with the U.S. stock market, he found out that foreign investors and entrepreneurs had problems in doing wire transfers, U.S. bank accounts, tax forms, and business registrations. Another problem was the high cost of hiring professionals. This inspired him to do the company formation process of the United States all by himself. With proper research and application, he succeeded in registering LLCs for himself and his friends.
In 2020, Tousif Akram established FormLLC with the purpose of giving foreign entrepreneurs an easy way of forming companies in the United States. FormLLC helps entrepreneurs in U.S. company formation and compliance, such as registering LLCs, getting EIN, BOI, Registered Agent Services, and business banking. A very important step in Akram’s career was obtaining a status of an IRS Certified Acceptance Agent (CAA). As a result, eligible candidates can obtain help from the IRS on the matters of getting an Employer Identification Number (EIN). Moreover, Akram is a PTIN (Preparer Tax Identification Number) holder who has gained professional experience in accounting and compliance for American business. In August 2024, Akram established Bizfylr Solutions Pvt Ltd in India as a way to organize the operations of the firm and develop its workforce and services. As a result of his work, FormLLC has become an international business services company that works with entrepreneurs from more than 50 countries. FormLLC helped over 5,000 entrepreneurs in starting businesses in the United States.
Notable Works
FormLLC is the core business started by Tousif Akram. It deals with helping non-residents of America to form and operate businesses in America.
The core services offered by the business include LLC registration in the U.S., EIN registration, BOI reporting, registering agents, compliance support, and banking of U.S. business-related concerns. Akram's involvement in this business is aimed at making the process of U.S. business formation less complex. Akram makes sure that the entrepreneurs get a simple process, clear pricing, documentation, and communications during business formation.
Another notable milestone in his business ventures has been the incorporation of Bizfylr Solutions Pvt Ltd in August 2024. The Indian firm has been incorporated for formalizing the operations and supporting the increasing international clientele of the business.
Through his professional work, Akram has also helped educate entrepreneurs about various aspects of business formation, EIN, compliance, and other aspects of forming a U.S. registered business from out of America.
Achievements and Recognition
The following are some of Tousif Akram's career accomplishments, which include launching FormLLC and creating an international business formation service targeting non-resident entrepreneurs. Akram is a Certified Acceptance Agent (CAA) and PTIN holder at the IRS. His CAA is a formal accreditation by the IRS that entails a certain procedure involving the application and documentation of his services. With FormLLC, Tousif Akram has assisted more than 5,000 entrepreneurs in forming and managing businesses in the US. His clients hail from 50+ countries, including India, UAE, Nigeria, UK, and Singapore. Other notable achievements include:
- Founder of FormLLC.
- IRS Certified Acceptance Agent (CAA).
- PTIN holder.
- More than five years of professional experience.
- Helped over 5,000 entrepreneurs with U.S. business formation and related services.
- Built an international client base spanning more than 50 countries.
- Founded Bizfylr Solutions Pvt Ltd in August 2024.
- Developed business formation and compliance services for international entrepreneurs.
Personal Life
Tousif Akram hails from Patna, Bihar, India. In addition to his professional activities, he continues to be involved in entrepreneurship, finance, and assisting international entrepreneurs in setting up ventures in the USA. His professional interests include U.S. business formation, accounting, taxation, financial markets, entrepreneurship, and business compliance. Akram's entrepreneurial journey has been influenced by his own experience of dealing with the challenges associated with accessing U.S. financial infrastructure from outside the country. This experience became one of the motivations behind the creation of FormLLC. He continues to work with entrepreneurs and business owners from different parts of the world through FormLLC and its associated operations.