USA Company Maintenance: Annual Reports, Taxes, and Compliance Simplified

Forming your company is just the beginning maintaining it correctly is what keeps it legal, active, and trustworthy. Every US company, whether LLC or C-Corp, must meet annual reporting and tax obligations. .

1. Annual Reports

Each state requires an annual report or renewal filing to confirm ownership details and keep your company active.

• Delaware: Annual franchise tax due by March 1st.
• Wyoming: Annual report fee due on anniversary month.
• Florida: Annual report due by May 1st.

Missing deadlines can lead to penalties or suspension.

2. Tax Responsibilities

• • LLCs: Profits “pass through” to owners reported on their individual tax returns.
• • C-Corps: Pay corporate tax (21%) and must file federal tax returns annually.
• • Foreign owners only pay tax on US-sourced income.

3. Business Licenses and Permits

Some states or cities require additional permits for specific activities (food, finance, etc.). Always check compliance when expanding your operations.

4. Registered Agent Renewal

Every US company must maintain an active Registered Agent within its state. They handle official correspondence and compliance alerts.

5. Keeping Your Business in Good Standing

Maintain proper records, file reports on time, and renew your registered agent and business bank accounts annually.

Final Thoughts

Compliance is not just about avoiding penalties it’s about protecting your credibility. At Startitup Global, we handle ongoing filings, renewals, and tax coordination for international founders, ensuring your US business stays compliant year-round.