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.
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. Contact us via e-mail at info@delawareagency.com or […]
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 […]
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 […]
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 […]
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, […]
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 […]
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, […]
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 […]
“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 […]