Privacy Policy

1. Scope

This Privacy Policy applies to:

• Users of ForeignOwnedLLC.com
• Account holders
• Visitors to our website

It does not apply to third-party services linked from our platform.

2. Information We Collect

A. Information You Provide

You may provide:

• Entity names and structures
• U.S. LLC information
• Foreign owner details
• Addresses
• Tax identification numbers (including EINs)
• Transaction data relevant to Form 5472
• Filing-related information

We collect only the information necessary for document generation and compliance tracking.

Providing inaccurate information may result in incorrect outputs.

B. Account Information

Your account is identified by:

• Generated Account ID
• Password
• Optional passphrase
• Optional email address (if provided for recovery and reminders)

We do not require phone number verification.

C. Automatically Collected Information

We may automatically collect limited technical data such as:

• IP address
• Browser type
• Device information
• Log data for security monitoring
• Session timestamps

This information is used for security, fraud prevention, and system reliability.

3. How We Use Information

We use collected information to:

• Provide document generation services
• Maintain encrypted user vaults
• Improve system stability
• Prevent fraud or abuse
• Respond to support inquiries
• Comply with legal obligations

We do not:

• Sell personal data
• Rent personal data
• Use personal data for targeted advertising

4. Legal Basis for Processing (For International Users)

Where applicable (e.g., GDPR jurisdictions), we process personal data under the following lawful bases:

• Performance of a contract (providing the Service)
• Legitimate interests (security and fraud prevention)
• Legal obligations
• User consent (where required)

5. Data Encryption & Security

We implement commercially reasonable administrative, technical, and organizational safeguards.

This includes:

• Encryption of stored vault data
• Secure transmission protocols (HTTPS)
• Access controls
• Server-level protections

However:

• No system is completely secure
• Internet transmission involves inherent risks
• You are responsible for safeguarding your credentials

If you lose your password or passphrase, we may be unable to recover encrypted data.

6. Data Sharing & Service Providers

We may share information with:

• Hosting providers
• Infrastructure providers
• Cloud service operators
• Technical contractors bound by confidentiality

We may disclose information:

• If required by law
• In response to valid legal process
• To protect legal rights
• To prevent fraud or abuse

We do not sell personal data.

7. International Data Transfers

Because we operate from the United States, your information may be processed and stored in the United States or other jurisdictions where our infrastructure providers operate.

By using the Service, you consent to such transfers.

8. Data Retention

We retain your data:

• As long as your account remains active
• Until you delete specific records
• Until you delete your account

Account deletion permanently removes encrypted vault access. Deletion is irreversible.

We may retain limited logs for security, fraud prevention, and legal compliance purposes.

9. Your Rights

Depending on your jurisdiction, you may have rights to:

• Access your data
• Correct inaccurate data
• Delete your data
• Restrict processing
• Object to processing
• Data portability

You may exercise these rights through in-app controls or support.

We may require identity verification before fulfilling requests.

10. Cookies & Local Storage

We use first-party cookies and local storage for:

• Authentication
• Session management
• Basic functionality
• Security

We do not use third-party advertising cookies.

Blocking cookies may impair functionality.

11. Children's Privacy

The Service is not intended for individuals under 18. We do not knowingly collect data from minors.

12. Data Breach Notification

In the event of a material security breach affecting personal data, we will take reasonable steps to notify affected users as required by applicable law.

13. Business Transfers

If Sarcque LLC is involved in a merger, acquisition, restructuring, or asset sale, user information may be transferred as part of that transaction.

14. Changes to This Policy

We may update this Privacy Policy at any time. Updates will be reflected by the revised "Last Updated" date.

Continued use after changes constitutes acceptance.

15. Contact

For privacy-related inquiries, please use the in-app support system.