I am from Asia, my firm is registered within the US. My startup did not do nicely. I wished to proceed and determine a technique to repair every thing.
My teammate initially mentioned he did not need to proceed. So, I began the corporate terminating course of. After per week, he modified his thoughts and mentioned, “let’s proceed”. So, I halted all the method and began engaged on the thought once more. However inside 45days, he modified his thoughts, and this time he did not need to proceed.
Now, I am left with an organization that is working in 2021 which implies I’ve to pay taxes within the US for 2021 as nicely. To begin the winding course of you must pay Delaware and Federal Tax. So I went in there and beginning filling the tax kind, and it is displaying me $30k in taxes. We did not even make 1$ working the company– in brief, we had 0 clients.
Is there anybody right here who has closed a US firm and will assist perceive the method?
Am I doing one thing improper within the kind? I’ve a doubt concerning the tax kind right here. https://www.dropbox.com/s/cyt95syt8q2nucn/Screenshotpercent202021-09-11percent20atpercent2018.31.12.png?dl=0 What do you imply by Issued shares? It was 0 within the first yr(crammed by a CPA). Does it change within the 2nd yr? Delaware help informed me my tax is simply 50$, however the on-line kind says one thing completely totally different.
What occurs If I do not pay the taxes? What does that imply? Does it imply I can not begin one other firm within the US or journey to the US?
I perceive you may not have solutions to all of the questions. Any tip can be useful.