Global dormant LLC annual accounting and tax fees in 2022

To help our multi-national Clients’ accurately and completely understand their annual statutory obligations, our in-house Accounting and Tax Department prepared this web page. The table below outlines in great detail a checklist of how Healy Consultants Group PLC Staff will help your LLC to timely accurately and completely discharge your annual legal, accounting and tax obligations; including our respective fees:

No.Dormant company – annual accounting & tax obligationsUS$
1.Preparation of abridged financial statements (a 15-page annual report) including:

  • Restructuring and reclassifying income and expenses to clearly explain the absence of transactions during the accounting period; and
  • Compliance with International Financial Reporting Standards; and
  • Crafting accurate and complete financial statement disclosures, to properly explain to the Government the absence of annual transactions and zero corporation tax;
600
2.For our Client’s dormant entity, our in-house Accounting and Tax Department securing a legal exemption from the Government re:

  • the statutory obligation to submit the annual financial statements to an independent statutory annual audit; and
  • the statutory obligation to submit annual FATCA and CRS reports; and
  • the statutory obligation to submit an annual payroll and VAT or GST returns; and
  • exemption from withholding tax and personal income tax obligations;
300
3.Completing your dormant entity annual corporate tax obligations including:

  • Preparing an accurate and complete i) corporate tax return and ii) tax computation and iii) tailored cover letter for the Government; clearly explaining why there are neither annual net profits nor losses;
  • Negotiating written inquiries and phone-calls from the Tax Authorities (post tax return submission), justifying why there are neither annual net profits nor losses;
300
Total annual accounting and tax fees for a dormant company1,200