Tax – Accounting & Auditing

Jurisdictions

Our experienced team of professional accountants, who have vast experience working in different jurisdictions, which allows us to offer the best solutions and help to improve your company’s performance by focusing on the key areas and to reduce the administrative expenses

Process of Auditing

Whether you are doing business in Europe, Asia, Africa, the Middle East, the Americas or elsewhere, CorpAgent will set up the best trading or holding structure for your business in line with local laws and regulations.

Preparation

  • Request free company name search We check the eligibility of the name, and make suggestion if necessary.

Your Company Details

  • Register or login and fill in the company names and director/ shareholder(s).
  • Fill in shipping, company address or special request (if any).

Payment for Your Favorite Company

  • Choose your payment method (We accept payment by Credit/Debit Card, PayPal or Wire Transfer).

Send the Company Kit to Your Address

  • You will receive soft copies of necessary documents including: Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc. Then, your new company in a jurisdiction is ready to do business!
  • You can bring the documents in the company kit to open a corporate bank account or we can help you with our long experience of Banking support service.

Nominee

What are nominee services?

A Nominee service is a legal way of protecting the identity and anonymity of the company owner. The main function of nominee directors or shareholders is to maintain the anonymity of the real owner by taking their place in all public records relating to the company and non-governmental bodies.

Overview of nominee services

Nominee information

We will provide you with a copy of the nominee’s passport and proof of their address.

Power of attorney for nominee director (with apostille)

Your company’s rights will be protected under a power of attorney. This will certify that you have full control of the company and the nominee director only represents you. All actions made by the nominee director will be taken under this contract until it ends. Then all rights will revert back to you and the nominee can no longer act on your behalf.

Declaration of trust for nominee shareholder

If you appoint a nominee shareholder, you will need to protect your rights to your shares. Issuing a declaration of trust without any loopholes helps you to confirm your full ownership of your shares while the nominee represents you.

To help you understand, the picture below shows the structure.

How does nominee service work?

Notes

  • Service fee is per annum/per appointment.
  • The service fee does not cover the fee for couriering the original copy of the POA or DOT to your residential address.
  • You can open a bank account for your company with the POA and/or DOT we provided.
  • An apostille is a certification and legalisation of documents by the government, normally the General Registry/Court of the local country.

Notes Service fee is per annum/per appointment. The service fee does not cover the fee for couriering the original copy of the POA or DOT to your residential address. You can open a bank account for your company with the POA and/or DOT we provided. An apostille is a certification and legalisation of documents by the government, normally the General Registry/Court of the local country.

 

Services Service fee Description
Nominee shareholder US$ 899  
Nominee director US$ 899  
Power of attorney (POA) documents US$ 649 Nominee director’s signature only
Power of attorney with certification by public notary US$ 779 Certification by notary of detail documents of POA
Declaration of trust (DOT) US$ 649  
Declaration of trust (DOT) with certification by public notary US$ 779 Certification by notary of detail documents of DOT
Power of attorney (POA) with apostille documents US$ 899 Certification on documents by General Registry/Court
Courier fee US$ 150 Courier the original document to your residential address with express services (TNT or DHL)
Nominee Trustor US$ 1,299  
Nominee Trustee US$ 1,299  
Nominee Council US$ 1,299  
Nominee Founder US$ 1,299  

Notes:

  • Service fee is per annum/per appointment.
  • The service fee does not cover the fee for couriering the original copy of the POA or DOT to your residential address.
  • You can open a bank account for your company with the POA and/or DOT we provided.
  • Certification by pubic Notary or Apostille is required for nominee services in Hong Kong, United Kingdom and Singapore.
  • An apostille is a certification and legalisation of documents by the government, normally the General Registry/Court of the local country.

Change Agent

Why change agent?

When you first incorporate an offshore company, you start with tax planning and legal matters. This does not mean you will not have any issues in the future. Issues may not just be related to finances, they may relate to supporting, maintaining and advising your company from year to year and dealing with some matters during the life of your business. You have to choose the proper provider or registered agent to serve your offshore structure during its lifetime.

In case your company already had the Registered Agent but you do not like the way they support the company, they cannot provide the request services. You are not happy with your choice and you want to change, you want to choose another one, if so, we can help you change the Registered Agent (or Secretary).

Company Renewal

Overview

As your Registered Agent/Company Secretary, it is our duty to remind & support you to renew and comply with any legal requirement asked by the Government. Renewal is a must to all company, in order to keep its good standing status with the Government, maintain the business and also the company bank account. Depend on each Jurisdiction, the annual due date will be different and we will remind you on time about this to avoid any penalty fee. To find out about the annual due date of your company, please see the below Fees Schedule for more information.

Scope of Services

  • Reminder emails/letters about the annual due date.
  • Inform any news/legal requirements asked by the Government.
  • Provision of Company Secretaries, Registered Address.
  • Preparation and filing of annual returns.
  • Preparation and filing of licence applications (if any).
  • Preparation, filing and payment of Government fees.
  • Depend on the Jurisdiction, Accounting & Auditing will be required (Hong Kong, Singapore or UK, etc).
  • Updated documents such as Business License, Annual Return, Confirmation Receipt, etc will be provided after finishing the Renewal process.

Legal Action against non-renewal company

Non-payment of annual renewal fees will incur severe late penalties, legal consequences and at risk of frozen Bank account. Example: For Hong Kong company, the Annual Return must be filed within 42 days since the anniversary date of incorporation. An additional fee will be charged if the filing date is passed and will increase for each period. Failure to comply, the company and the officer(s) will be liable for fine or receive a summon letter from Hong Kong High Court. In the worst case scenario, the company may be at risk of struck-off by not arrange the Annual Renewal fee on time.

Fee Schedule

Asia Pacific

Hong Kong Hong Kong

Type Of Incorporation Fees Due Date
Company Limited by Shares (recommend) US$ 1,290

  • Government Fee: US$ 277
  • Service Fee: US$ 1,013
 Anniversary date
Company Limited by Guarantee US$ 1,574

  • Government Fee: US$ 561
  • Service Fee: US$ 1,013
 Anniversary date

Singapore Singapore

Type Of Incorporation Fees Due Date
Exempt Private Limited Company (Pte.Ltd) US$ 4,377

  • Government Fee: US$ 1,695
  • Service Fee: US$ 1,182
  • Local Director: US$ 1,500
 Anniversary date
Public Limited Company US$ 7,640

  • Government Fee: US$ 2,100
  • Service Fee: US$ 4,040
  • Local Director: US$ 1,500
 Anniversary date

Samoa Samoa

Type Of Incorporation Fees Due Date
International Company (IC) US$ 1,782

  • Government Fee: US$ 600
  • Service Fee: US$ 1,182
 30 November of each year

Marshall Islands Marshall Islands

Type Of Incorporation Fees Due Date
International Business Company (IBC) US$ 1,613

  • Government Fee: US$ 600
  • Service Fee: US$ 1,013
 Anniversary date
Limited Liability Company (LLC) US$ 2,137

  • Government Fee: US$ 700
  • Service Fee: US$ 1,437
 Anniversary date

Vanuatu Vanuatu

Type Of Incorporation Fees Due Date
International Company (BC) US$ 2,961

  • Government Fee: US$ 900
  • Service Fee: US$ 2,061
 Anniversary date

Labuan, Malaysia Labuan, Malaysia

Type Of Incorporation Fees Due Date
Company Limited by Shares US$ 6,695

  • Government Fee: US$ 2,300
  • Service Fee: US$ 4,395
 Anniversary date

Vietnam Vietnam

Type Of Incorporation Fees Due Date
Wholly foreign-owned LLC (100% foreign-owned company in Vietnam) US$ 199

  • Government Fee: US$ 199
  • Service Fee: US$ 0
 Anniversary date
Partly foreign-owned LLC (The Vietnam joint venture company) US$ 199

  • Government Fee: US$ 199
  • Service Fee: US$ 0
 Anniversary date

Europe

United Kingdom United Kingdom

Type Of Incorporation Fees Due Date
Private Limited US$ 1,298

  • Government Fee: US$ 565
  • Service Fee: US$ 733
 Anniversary date
Public Limited US$ 1,298

  • Government Fee: US$ 565
  • Service Fee: US$ 733
 Anniversary date
LLP US$ 1,298

  • Government Fee: US$ 565
  • Service Fee: US$ 733
 Anniversary date

Cyprus Cyprus

Type Of Incorporation Fees Due Date
Private Limited US$ 3,935

  • Government Fee: US$ 1,400
  • Service Fee: US$ 2,535
 30 June of each year

Switzerland Switzerland

Type Of Incorporation Fees Due Date
Limited Liability Company US$ 11,812

  • Government Fee: US$ 6,910
  • Service Fee: US$ 4,902
 Anniversary date
Stock Corporation US$ 11,812

  • Government Fee: US$ 6,910
  • Service Fee: US$ 4,902
 Anniversary date
Sole Proprietorship US$ 11,812

  • Government Fee: US$ 6,910
  • Service Fee: US$ 4,902
 Anniversary date

Gibraltar Gibraltar

Type Of Incorporation Fees Due Date
Private Limited by Shares US$ 2,689

  • Government Fee: US$ 1,000
  • Service Fee: US$ 1,689
 Anniversary date

Malta Malta

Type Of Incorporation Fees Due Date
Private Limited Liability Company US$ 4,189

  • Government Fee: US$ 1,400
  • Service Fee: US$ 2,789
 Anniversary date

Netherlands Netherlands

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 6,226

  • Government Fee: US$ 2,000
  • Service Fee: US$ 4,226
 Anniversary date

Luxembourg Luxembourg

Type Of Incorporation Fees Due Date
Soparfi Holding US$ 11,846

  • Government Fee: US$ 3,900
  • Service Fee: US$ 7,946
 Anniversary date
S.A.R.L: Private Limited Company US$ 18,338

  • Government Fee: US$ 3,800
  • Service Fee: US$ 14,538
 Anniversary date

Liechtenstein Liechtenstein

Type Of Incorporation Fees Due Date
AG US$ 14,336

  • Government Fee: US$ 4,700
  • Service Fee: US$ 9,636
 Anniversary date
Anstalt US$ 14,405

  • Government Fee: US$ 4,700
  • Service Fee: US$ 9,705
 Anniversary date

Caribbean

British Virgin Islands British Virgin Islands

Type Of Incorporation Fees Due Date
Business Company (BC) US$ 2,056

  • Government Fee: US$ 925
  • Service Fee: US$ 1,131

31 May next year (Incorporation from 01 January to 30 June)

30 November next year (Incorporation from 01 July to 31 December)

Belize Belize

Type Of Incorporation Fees Due Date
International Business Company (IBC) US$ 1,309

  • Government Fee: US$ 550
  • Service Fee: US$ 759

IBC: 02 January of each year.
Limited Liability Company (LLC) US$ 1,733

  • Government Fee: US$ 550
  • Service Fee: US$ 1,183

LLC: Anniversary date

Cayman Islands Cayman Islands

Type Of Incorporation Fees Due Date
Exempted (Limited by Shares) US$ 4,086

  • Government Fee: US$ 1,500
  • Service Fee: US$ 2,586
 31 December of each year
Limited Liability Company (LLC) US$ 4,628

  • Government Fee: US$ 1,500
  • Service Fee: US$ 3,128
 31 December of each year

Anguilla Anguilla

Type Of Incorporation Fees Due Date
International Business Company (IBC) US$ 1,680

  • Government Fee: US$ 600
  • Service Fee: US$ 1,080

Jan 1st next year (Incorporation from Jan 1st to Mar 31st)

Apr 1st next year (Incorporation from Apr 1st to Jun 30th)

Jul 1st next year (Incorporation from Jul 1st to Sep 30th)

Oct 1st next year (Incorporation from Oct 1st to Dec 31st)

The Bahamas The Bahamas

Type Of Incorporation Fees Due Date
International Business Company (IBC) US$ 2,539

  • Government Fee: US$ 850
  • Service Fee: US$ 1,689
 31 December of each year

Panama Panama

Type Of Incorporation Fees Due Date
Non Resident US$ 2,520

  • Government Fee: US$ 1,000
  • Service Fee: US$ 1,520

01 January next year (Incorporation from 01 January to 30 June).

01 July next year (Incorporation from 01 July to 31 December).

Saint Vincent and the Grenadines Saint Vincent and the Grenadines

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 2,420

  • Government Fee: US$ 900
  • Service Fee: US$ 1,520
 31 December of each year

Saint Kitts and Nevis Saint Kitts and Nevis

Type Of Incorporation Fees Due Date
Nevis Business Corporation (NBCO) US$ 2,071

  • Government Fee: US$ 550
  • Service Fee: US$ 1,521
 Anniversary date
Limited Liability Company (LLC) US$ 2,021

  • Government Fee: US$ 500
  • Service Fee: US$ 1,521
 Anniversary date

Middle East

United Arab Emirates (UAE) United Arab Emirates (UAE)

Type Of Incorporation Fees Due Date
IBC US$ 3,841

  • Government Fee: US$ 1,730
  • Service Fee: US$ 2,111
 Anniversary date
RAK Free Zone US$ 4,561

  • Government Fee: US$ 1,350
  • Service Fee: US$ 3,211
 Anniversary date
Dubai Free Zone (DMCC) US$ 14,565

  • Government Fee: US$ 8,988
  • Service Fee: US$ 5,577
 Anniversary date
Ajman Free Zone US$ 4,223

  • Government Fee: US$ 1,350
  • Service Fee: US$ 2,873
 Anniversary date
Local Company (Commercial, Trading Or Professional License) US$ 16,129

  • Government Fee: US$ 9,200
  • Service Fee: US$ 6,929
 Anniversary date
Local Company (General Trading) US$ 22,129

  • Government Fee: US$ 15,200
  • Service Fee: US$ 6,929
 Anniversary date

Africa

Seychelles Seychelles

Type Of Incorporation Fees Due Date
International Business Company (IBC) US$ 1,073

  • Government Fee: US$ 500
  • Service Fee: US$ 573
 Anniversary date

Mauritius Mauritius

Type Of Incorporation Fees Due Date
Global Business Company (GBC 1) US$ 30,833

  • Government Fee: US$ 3,700
  • Service Fee: US$ 3,533
  • Local Director: US$ 23,600
 01 January of each year
Authorised Company (AC) US$ 3,142

  • Government Fee: US$ 1,300
  • Service Fee: US$ 1,842
 01 January of each year

America

Delaware (United States of America) Delaware (United States of America)

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,928

  • Government Fee: US$ 499
  • Service Fee: US$ 930
  • Local Director: US$ 499
 Jun 01st Annually
Corporation (C-Corp or S-Corp) US$ 1,928

  • Government Fee: US$ 499
  • Service Fee: US$ 930
  • Local Director: US$ 499
 March 01st Annually

United States of America United States of America

Alaska Alaska

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,099

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 600
 Due every 2 years, starting from when you filed your Initial Report.
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Due every 2 years, starting from when you filed your Initial Report.

Alabama Alabama

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

Arkansas Arkansas

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 May 1st every year
Corporation (C-Corp or S-Corp) US$ 789

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 290
 May 1st every year

Arizona Arizona

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 869

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 370
 No Annual Report is required.
Corporation (C-Corp or S-Corp) US$ 889

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 390
 Due annually by anniversary of formation or registration. You can start filing 3 months prior.

California California

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,040

  • Service Fee: US$ 590
  • Annual Gov fee & Handling fee: US$ 450
 15th day of the 4th month after the beginning of your tax year
Corporation (C-Corp or S-Corp) US$ 1,240

  • Service Fee: US$ 690
  • Annual Gov fee & Handling fee: US$ 550
 15th day of the 4th month after the close of your tax year

Colorado Colorado

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Connecticut Connecticut

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 939

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 440
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

Delaware Delaware

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,429

  • Service Fee: US$ 930
  • Annual Gov fee & Handling fee: US$ 499
 Jun 01st Annually
Corporation (C-Corp or S-Corp) US$ 1,429

  • Service Fee: US$ 930
  • Annual Gov fee & Handling fee: US$ 499
 March 01st Annually

Florida Florida

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

Georgia Georgia

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Hawaii Hawaii

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 749

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 250
 Anniversary date

Iowa Iowa

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Idaho Idaho

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Illinois Illinois

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Indiana Indiana

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 889

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 390
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 879

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 380
 Anniversary date

Kansas Kansas

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,099

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 600
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

Kentucky Kentucky

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 779

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 280
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 779

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 280
 Anniversary date

Louisiana Louisiana

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 849

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 350
 Anniversary date

Massachusetts Massachusetts

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,299

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 800
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,099

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 600
 Anniversary date

Maryland Maryland

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Maine Maine

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 989

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 490
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

Michigan Michigan

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 749

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 250
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 749

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 250
 Anniversary date

Minnesota Minnesota

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 969

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 470
 Anniversary date

Missouri Missouri

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 909

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 410
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 909

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 410
 Anniversary date

Mississippi Mississippi

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Montana Montana

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 839

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 340
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 839

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 340
 Anniversary date

North Carolina North Carolina

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date

North Dakota North Dakota

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Nebraska Nebraska

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

New Hampshire New Hampshire

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

New Jersey New Jersey

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date

New Mexico New Mexico

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date

Nevada Nevada

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,498

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 999
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,758

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 1,259
 Anniversary date

New York New York

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date

Ohio Ohio

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 897

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 398
 Anniversary date

Oklahoma Oklahoma

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Oregon Oregon

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Pennsylvania Pennsylvania

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,099

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 600
 Anniversary date

Rhode Island Rhode Island

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date

South Carolina South Carolina

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 919

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 420
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 919

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 420
 Anniversary date

South Dakota South Dakota

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 759

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 260
 Anniversary date

Tennessee Tennessee

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Texas Texas

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 999

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 500
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,099

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 600
 Anniversary date

Utah Utah

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 839

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 340
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 839

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 340
 Anniversary date

Virginia Virginia

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 849

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 350
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 739

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 240
 Anniversary date

Vermont Vermont

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 949

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 450
 Anniversary date

Washington Washington

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,059

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 560
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,059

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 560
 Anniversary date

Wisconsin Wisconsin

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 1,039

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 540
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 1,039

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 540
 Anniversary date

West Virginia West Virginia

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 899

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 400
 Anniversary date

Wyoming Wyoming

Type Of Incorporation Fees Due Date
Limited Liability Company (LLC) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date
Corporation (C-Corp or S-Corp) US$ 799

  • Service Fee: US$ 499
  • Annual Gov fee & Handling fee: US$ 300
 Anniversary date

Note: The late penalty will be automatically applied once pass the deadline.

Penalty Fee Schedule

Asia Pacific

Hong Kong Hong Kong
Type Of Incorporation Penalty Fees Due Date
Company Limited by Shares (recommend)
  • BRC: US$ 150.
  • NAR1:
  • Less than 42 days: US$ 14
  • < = 3 months: US$ 112
  • < = 6 months: US$ 223
  • < = 9 months: US$ 335
  • > 9 months: US$ 447
 Anniversary date
Company Limited by Guarantee
  • BRC: US$ 150.
  • NAR1:
  • Less than 42 days: US$ 14
  • < = 3 months: US$ 112
  • < = 6 months: US$ 223
  • < = 9 months: US$ 335
  • > 9 months: US$ 447
 Anniversary date
Singapore Singapore
Type Of Incorporation Penalty Fees Due Date
Exempt Private Limited Company (Pte.Ltd)
  • Not more than 30 days: US$ 50
  • Between 31 days to 60 days: US$ 75
  • Between 61 days to 90 days: US$ 100
  • Between 91 days to 180 days: US$ 150
  • Between 181 days to 365 days: US$ 200
 Anniversary date
Public Limited Company
  • Not more than 30 days: US$ 50
  • Between 31 days to 60 days: US$ 75
  • Between 61 days to 90 days: US$ 100
  • Between 91 days to 180 days: US$ 150
  • Between 181 days to 365 days: US$ 200
 Anniversary date
Samoa Samoa
Type Of Incorporation Penalty Fees Due Date
International Company (IC)
  • After the due date: US$ 50/month
 30 November of each year
Marshall Islands Marshall Islands
Type Of Incorporation Penalty Fees Due Date
International Business Company (IBC)
  • After the due date: US$150
  • After 90 days: US$300
 Anniversary date
Limited Liability Company (LLC)
  • After the due date: US$150
  • After 90 days: US$300
 Anniversary date
Vanuatu Vanuatu
Type Of Incorporation Penalty Fees Due Date
International Company (BC)
  • After the due date: US$ 300
 Anniversary date
Labuan, Malaysia Labuan, Malaysia
Type Of Incorporation Penalty Fees Due Date
Company Limited by Shares

Late renewal in less then 6 months:

  • 10% renewal fee
  • thereafter 50%
 Anniversary date
Vietnam Vietnam
Type Of Incorporation Penalty Fees Due Date
Wholly foreign-owned LLC (100% foreign-owned company in Vietnam)   Anniversary date
Partly foreign-owned LLC (The Vietnam joint venture company)   Anniversary date

Europe

United Kingdom United Kingdom
Type Of Incorporation Penalty Fees Due Date
Private Limited
  • Not more than 1 month: £150
  • More than 1 month but not more than 3 months: £375
  • More than 3 months but not more than 6 months: £750
  • More than 6 months: £1,500
 Anniversary date
Public Limited
  • Not more than 1 month: £750
  • More than 1 month but not more than 3 months: £1,500
  • More than 3 months but not more than 6 months: £3,000
  • More than 6 months: £7,000
 Anniversary date
LLP
  • Not more than 1 month: £150
  • More than 1 month but not more than 3 months: £375
  • More than 3 months but not more than 6 months: £750
  • More than 6 months: £1,500
 Anniversary date
Cyprus Cyprus
Type Of Incorporation Penalty Fees Due Date
Private Limited
  • After due date: 10% penalty
  • After 60 days: 30% penalty
  • After 150 days: depends
 30 June of each year
Switzerland Switzerland
Type Of Incorporation Penalty Fees Due Date
Limited Liability Company
  • After the due date: US$ 300
 Anniversary date
Stock Corporation
  • After the due date: US$ 300
 Anniversary date
Sole Proprietorship
  • After the due date: US$ 300
 Anniversary date
Gibraltar Gibraltar
Type Of Incorporation Penalty Fees Due Date
Private Limited by Shares
  • After the due date: US$ 200
 Anniversary date
Malta Malta
Type Of Incorporation Penalty Fees Due Date
Private Limited Liability Company
  • After the due date: US$ 300
 Anniversary date
Netherlands Netherlands
Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • After the due date: US$ 300
 Anniversary date
Luxembourg Luxembourg
Type Of Incorporation Penalty Fees Due Date
Soparfi Holding
  • Not more than 2 months: US$ 150
  • More than 2 month but not more than 4 months:
  • US$ 300
  • More than 4 months: US$ 650
 Anniversary date
S.A.R.L: Private Limited Company
  • Not more than 2 months: US$ 150
  • More than 2 month but not more than 4 months: US$ 300
  • More than 4 months: US$ 650
 Anniversary date
Liechtenstein Liechtenstein
Type Of Incorporation Penalty Fees Due Date
AG
  • After the due date: US$ 200
 Anniversary date
Anstalt
  • After the due date: US$ 200
 Anniversary date

Caribbean

British Virgin Islands British Virgin Islands
Type Of Incorporation Penalty Fees Due Date
Business Company (BC)
  • After the due date: US$250
  • After 60 days from the due date: US$500

31 May next year (Incorporation from 01 January to 30 June)

30 November next year (Incorporation from 01 July to 31 December)
Belize Belize
Type Of Incorporation Penalty Fees Due Date
International Business Company (IBC)
  • After the due date: US$150.
  • After 90 days: US$300.

IBC: 02 January of each year.
Limited Liability Company (LLC)
  • After the due date: US$150.
  • After 90 days: US$300.

LLC: Anniversary date
Cayman Islands Cayman Islands
Type Of Incorporation Penalty Fees Due Date
Exempted (Limited by Shares)
  • From 1 April to 30 June: US$ 350
  • From 1 July to 30 September: US$ 650
  • From 1 October to 31 December: US$ 950
 31 December of each year
Limited Liability Company (LLC)
  • From 1 April to 30 June: US$ 350
  • From 1 July to 30 September: US$ 650
  • From 1 October to 31 December: US$ 950
 31 December of each year
Anguilla Anguilla
Type Of Incorporation Penalty Fees Due Date
International Business Company (IBC)
  • After the due date: 10%
  • After 30 days: 30%
  • After 90 days: 50%

Jan 1st next year (Incorporation from Jan 1st to Mar 31st)

Apr 1st next year (Incorporation from Apr 1st to Jun 30th)

Jul 1st next year (Incorporation from Jul 1st to Sep 30th)

Oct 1st next year (Incorporation from Oct 1st to Dec 31st)
The Bahamas The Bahamas
Type Of Incorporation Penalty Fees Due Date
International Business Company (IBC)
  • After the due date: US$150
  • After 90 days: US$650
 31 December of each year
Panama Panama
Type Of Incorporation Penalty Fees Due Date
Non Resident
  • After the due date: US$150
  • After 90 days: US$300

01 January next year (Incorporation from 01 January to 30 June).

01 July next year (Incorporation from 01 July to 31 December).
Saint Vincent and the Grenadines Saint Vincent and the Grenadines
Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • US$70 per month from January
 31 December of each year
Saint Kitts and Nevis Saint Kitts and Nevis
Type Of Incorporation Penalty Fees Due Date
Nevis Business Corporation (NBCO)
  • After the due date: US$ 330
  • After 180 days: US$550
 Anniversary date
Limited Liability Company (LLC)
  • After the due date: US$ 330
  • After 180 days: US$550
 Anniversary date

Middle East

United Arab Emirates (UAE) United Arab Emirates (UAE)
Type Of Incorporation Penalty Fees Due Date
IBC
  • Depends
 Anniversary date
RAK Free Zone
  • Depends
 Anniversary date
Dubai Free Zone (DMCC)
  • Depends
 Anniversary date
Ajman Free Zone
  • Depends
 Anniversary date
Local Company (Commercial, Trading Or Professional License)
  • Depends
 Anniversary date
Local Company (General Trading)
  • Depends
 Anniversary date

Africa

Seychelles Seychelles
Type Of Incorporation Penalty Fees Due Date
International Business Company (IBC)
  • After the due date: US$ 150
  • After 90 days: US$300
 Anniversary date
Mauritius Mauritius
Type Of Incorporation Penalty Fees Due Date
Global Business Company (GBC 1)
  • After the due date: US$235.
 01 January of each year
Authorised Company (AC)
  • After the due date: US$235.
 01 January of each year

America

Delaware (United States of America) Delaware (United States of America)
Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Franchise Penalty : US$ 300
  • Address: depends
 Jun 01st Annually
Corporation (C-Corp or S-Corp)
  • Franchise Penalty : US$ 300
  • Address: depends
 March 01st Annually
United States of America United States of America

Alaska Alaska

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 38
  • Handling fee: US$ 199
 Due every 2 years, starting from when you filed your Initial Report.
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 38
  • Handling fee: US$ 199
 Due every 2 years, starting from when you filed your Initial Report.

Alabama Alabama

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Arkansas Arkansas

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 May 1st every year
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 May 1st every year

Arizona Arizona

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 9/month
  • Handling fee: US$ 199
 No Annual Report is required.
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 9/month
  • Handling fee: US$ 199
 Due annually by anniversary of formation or registration. You can start filing 3 months prior.

California California

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 15th day of the 4th month after the beginning of your tax year
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 15th day of the 4th month after the close of your tax year

Colorado Colorado

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Connecticut Connecticut

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date

Delaware Delaware

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Franchise Penalty : US$ 300
  • Address: depends
 Jun 01st Annually
Corporation (C-Corp or S-Corp)
  • Franchise Penalty : US$ 300
  • Address: depends
 March 01st Annually

Florida Florida

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 400
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 400
  • Handling fee: US$ 199
 Anniversary date

Georgia Georgia

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 Anniversary date

Hawaii Hawaii

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 20
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 20
  • Handling fee: US$ 199
 Anniversary date

Iowa Iowa

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Idaho Idaho

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Illinois Illinois

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 100
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 100
  • Handling fee: US$ 199
 Anniversary date

Indiana Indiana

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date

Kansas Kansas

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Kentucky Kentucky

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Louisiana Louisiana

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date

Massachusetts Massachusetts

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Maryland Maryland

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Maine Maine

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Michigan Michigan

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Minnesota Minnesota

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Missouri Missouri

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Mississippi Mississippi

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Montana Montana

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 15
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 15
  • Handling fee: US$ 199
 Anniversary date

North Carolina North Carolina

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

North Dakota North Dakota

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 25 – US$ 50
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 25 – US$ 50
  • Handling fee: US$ 199
 Anniversary date

Nebraska Nebraska

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

New Hampshire New Hampshire

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

New Jersey New Jersey

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

New Mexico New Mexico

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Nevada Nevada

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 175
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 175
  • Handling fee: US$ 199
 Anniversary date

New York New York

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Ohio Ohio

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date

Oklahoma Oklahoma

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Oregon Oregon

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Pennsylvania Pennsylvania

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Rhode Island Rhode Island

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

South Carolina South Carolina

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

South Dakota South Dakota

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Tennessee Tennessee

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Texas Texas

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty:

    A US$ 50 penalty is assessed on each report filed after the due date.

    If tax is paid 1-30 days after the due date, a 5 percent penalty is assessed.

    If tax is paid over 30 days after the due date, a 10 percent penalty is assessed.

  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty:

    A US$ 50 penalty is assessed on each report filed after the due date.

    If tax is paid 1-30 days after the due date, a 5 percent penalty is assessed.

    If tax is paid over 30 days after the due date, a 10 percent penalty is assessed.

  • Handling fee: US$ 199
 Anniversary date

Utah Utah

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Virginia Virginia

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Vermont Vermont

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Washington Washington

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : US$ 25
  • Handling fee: US$ 199
 Anniversary date

Wisconsin Wisconsin

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

West Virginia West Virginia

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty => depends
  • Handling fee: US$ 199
 Anniversary date

Wyoming Wyoming

Type Of Incorporation Penalty Fees Due Date
Limited Liability Company (LLC)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date
Corporation (C-Corp or S-Corp)
  • Tax Penalty : NO
  • Handling fee: US$ 199
 Anniversary date

FAQs

01 How to set up an offshore company?

02 What is the difference between a holding company and an investment company?

Fresh entrepreneurs oftentimes cannot tell the difference between a holding company and an investment company. While they do have a lot of similarities, holding companies and investment companies each have their distinct purposes.

A holding company is a parent business entity that holds the controlling stock or membership interests in its subsidiary companies. The cost to set up a holding company varies depending on the legal entity it is registered with, usually a corporation or an LLC. Large businesses usually set up a holding company because of multiple benefits it brings, including: Protecting assets, reducing risk and tax, no day-to-day management, etc.

An investment company, on the other hand, does not own or directly control any subsidiary companies, but rather is engaged in the business of investing in securities. Setting up an investment company is different from setting up a holding company, as they can mostly be formed as a mutual fund, a closed-ended fund, or a unit investment trusts (UIT). Furthermore, each type of investment company has its own versions, such as stock funds, bond funds, money market funds, index funds, interval funds, and exchange-traded funds (ETFs).

03