Delaware compliance for cross-border entrepreneurs

Stay compliant with Delaware and federal regulations for your cross-border business! Key highlights include: Delaware State Compliance: Delaware LLCs pay an annual $300 tax by June 1, while corporations file an Annual Report and pay franchise tax by March 1. All entities need a registered agent with a physical Delaware address. FinCEN BOI Update: As of March 26, 2025, only foreign entities registered to do business in the U.S. (foreign reporting companies) are subject to BOI reporting under the Corporate Transparency Act. Deadlines vary based on registration date. IRS Tax Obligations: Foreign-owned U.S. disregarded entities must file Form 5472 and a pro forma Form 1120 annually. Other federal tax forms (e.g., 8804/8805/8813 for partnerships with foreign partners) may also apply. Banking for Non-Residents: Opening a U.S. bank account requires specific documents like EIN, Certificate of Good Standing, and beneficial owner identification. For a comprehensive guide and a detailed compliance checklist, read our full blog post on Delaware compliance for cross-border entrepreneurs. Contact us for professional assistance with your U.S. business compliance needs.