Annual Review Procedure for US Companies

1. Renewal of relevant government documents, including recognition of director and shareholder materials, as well as handling positions in the company;

2. Registration of the registered address of a US company;

3. Tax related accounting declaration and payment. The annual audit agency fee for American companies mainly consists of government fees, service fees, address rental fees, and other necessary expenses such as document round-trip courier fees.

Materials provided by customers for annual audit of US companies

1. A copy of the US company registration certificate;

2. 1 copy of the articles of association of the United States company;

3. Copy of the complete set of documents for establishing a US company;

4. Copy of shareholder change documents (if there are changes to shareholders);

5. Copy of capital increase documents (if any);

6. A copy of the name change of the US company (if any);

7. Copy of shareholder or director's ID card or passport (whichever is submitted to the government).

Annual Review Time of US Companies

The annual review time for American companies is usually one year after the company is registered and established. At the time of annual inspection, the American Association will inform on behalf of you.

Annual audit fees for US companies

(a) If a company registered in the United States does not operate in the United States and does not engage in trade with the United States, there is no need to keep accounts or pay taxes. However, if tax declaration is required, zero declaration can be made. The cost of annual inspections varies among different states in the United States. Taking California as an example, the annual government fee required is only $800 in federal tax. New York costs $1100.

(b) If you register a US company and operate in your local area in the United States, you will need to pay taxes for any expenses incurred, and you will need an American accountant to handle the accounting. Our association can handle this on your behalf, and the charging status depends on the company's income status. (usually 8% -10% of the profit margin)

Notes for Annual Audit of US Companies

1. Company Annual Review/Report: Renewal of Company Registration Certificate.

2. Legal Registered Agent: It is a necessary condition for establishing a company in the United States. It is free in the first year and will be charged annually starting from the second year;

3. Document and service fees (including transportation and courier fees, telephone fees, document fees, and professional service fees).