As an owner of a Delaware LLC, do I have to pay taxes to U.S.?
You should not have any U.S. federal tax obligation for just transferring money through the LLC’s bank account as long as you are the owner of all the accounts involved.
However, you will have to pay DE franchise tax(approx. $300 annually) to keep the LLC active.
How is taxation in Delaware works for a foreign LLC owner?
It depends on many factors such as what you are selling, where and to whom you are selling. The taxes you are obligated to pay are mainly based on your business type. At a minimum, you will have to pay Delaware Franchise Tax which is approximately $300 annually.
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Non-US Resident Taxation
Non-US Resident Taxation
The obligation to pay taxes in the U.S. is not exclusive to the U.S. citizens. If you fulfill certain criteria, you, as a non-U.S. citizen, might be well liable to pay taxes and to file tax returns. Depending on your residency status or how much time you spend in the U.S., you should ensure whether you must fulfill these obligations.
If you are a;
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Non-Resident Alien Taxation
Non-Resident Alien
Taxation
For non-U.S. resident business owners and partners who in fact run a business in the U.S., taxation might raise as a major question. Since taxation is one of many indicators whether the investment in the U.S. is worthwhile, it is essential to understand how the U.S. taxation system approaches non-resident aliens. It is again worth noting that...
Form 1040NR
Form 1040NR
For non-U.S. resident business owners and partners who in fact run a business in the U.S., taxation might raise as a major question. Since taxation is one of many indicators whether the investment in the U.S. is worthwhile, it is essential to understand how the U.S. taxation system approaches non-resident aliens. It is again worth noting that particularities, such as...
What Happens If I Do Not Pay My Franchise Tax?
In Delaware, Corporations are required to file an Annual Report and pay the Franchise Tax that is due on or before March 1 each year. If the Annual Report and taxes are not filed and paid by March 1 the following year, the corporation will be declared inoperative and void. In the next calendar year, you have to file what’s called a franchise tax, or an annual report from the previous...
Business Compatibility and Sustainability in the U.S.
What is business compatibility?
Business compatibility merely is the requirements you should essentially meet for the sustainability of your business. The first thing you should consider for the limited liability of your assets is the requirements you need to fulfill while starting your business. In addition to that, your business should be managed correctly and attend its annual requirements...
Series LLC
Delaware corporate law allows a fascinating business type: Series LLC. Each LLC within a Series LLC in Delaware is regarded as a legally independent and separate entity, which means each object is responsible for its debts, expenses, financial responsibilities and legal obligations. Each LLC may have its assets, members, activities, and purpose of business. However, it is protected against...
In Which State Should I Start My Business?
In Which State Should I Start My Business?
You don’t necessarily need to start your business in the state you operate. Accordingly, the country you work does not have to be the state you incorporated. The fact that Delaware is the best state for small, medium or large-scale businesses as well as local and international companies have been proved many times. You can start your business in...
Sales Tax for Businesses
“Sales Tax” is always one of the significant questions for business owners in Delaware. Should you collect sales tax when you operate in other states? To answer your questions, you can read our article or contact us via e-mail/phone.
Collecting Sales Tax Online
If you are operating a business with a physical shop in which you sell your products, it is quite easy to handle “sales tax”: you...