Annual Requirements for a Foreign-Owned US LLC: A Yearly Checklist
The yearly compliance checklist for non-resident LLC owners: state reports and taxes, registered agent, federal returns, bank KYC, bookkeeping and key deadlines, in one place.
Forming your LLC takes a few days. Keeping it in good standing is a yearly job, and it is what protects your limited liability, your bank account and your payment platforms. Most problems we fix for foreign owners come from one missed item on this list.
1. State annual report or tax
Most states require an annual or biennial report and fee to keep the company active:
| State | Requirement | Due |
|---|---|---|
| Wyoming | Annual report, license tax from $60 | First day of the anniversary month |
| Delaware | $300 annual LLC tax | June 1 |
| Florida | Annual report, about $139 | Between January 1 and May 1 |
| Texas | Franchise tax report (no tax below the threshold) and information report | May 15 |
| Nevada | Annual list and state business licence, about $350 | End of the anniversary month |
| Arizona | No annual report for LLCs | — |
| New Mexico | No annual report for LLCs | — |
Missing it leads to late fees and, eventually, administrative dissolution, which can freeze your bank account and payment platforms. Reinstatement is possible but costs more than staying current.
2. Registered agent renewal
Every LLC must keep a registered agent in its formation state. If the agent's service lapses, the state can't reach the company, and the company can fall out of good standing. See what a registered agent does.
3. Federal tax filing
| LLC type | Filing | Deadline |
|---|---|---|
| Single-member, foreign-owned | Form 5472 + pro forma Form 1120 | April 15 (extension to October 15) |
| Multi-member | Form 1065 + partner statements | March 15 (extension to September 15) |
| Elected corporate tax treatment | Form 1120 (+ Form 5472) | April 15 (extension to October 15) |
The single-member filing is required even with zero income, and missing it carries a $25,000 penalty. See Form 5472 explained and does an LLC with no income need to file?
4. Other federal forms, if they apply
- 1099-NEC for US contractors paid $2,000 or more (2026 payments), due early February. See 1099 thresholds.
- FBAR if the LLC has foreign accounts above $10,000 in total. See FBAR for US companies.
- Personal returns for owners with effectively connected income. See do owners file a 1040-NR?
5. Other states, if you have activity there
If the LLC has an office, staff or inventory in another state, it may need to register there and file that state's returns. Sales tax returns are due wherever you are registered. See state taxes.
6. Bookkeeping
Keep simple, monthly records:
- all bank and platform statements,
- invoices for income and expenses,
- a log of money moving between you and the LLC (contributions, distributions, loans, expenses you paid personally),
- contractor forms (W-9, W-8).
Our tax filing checklist lists exactly what to collect.
7. Keep information current
Update the IRS, the state, your bank and payment platforms when your address, ownership or business changes. Respond promptly to bank KYC refresh requests. See how to avoid a bank account closure.
8. Review your operating agreement
Make sure it reflects current ownership and management, especially after adding or removing members. See why your operating agreement matters.
9. Decide whether you still need the company
An unused LLC still owes state fees and federal filings every year until it is dissolved. If you no longer need it, close it properly. See the company closure service.
The yearly calendar
| Month | Typical task |
|---|---|
| January | Collect previous year's statements; 1099s if you paid US contractors |
| February–March | Prepare federal returns (partnerships by March 15) |
| April | Single-member and corporate returns, or extensions |
| May–June | Texas and Delaware deadlines (if applicable) |
| Anniversary month | Wyoming/Nevada annual reports; registered agent renewal |
| September–October | Extended returns due |
See the full 2027 tax calendar.
How UCB helps
For companies we form and clients on our US tax filing service ($300 per year), we track every state and federal deadline, send reminders on WhatsApp and email, renew your registered agent, and prepare and file your returns.
Want someone to keep your LLC compliant every year? WhatsApp us at +91 8105 199 399 or email info@ucbsolutions.com.
Let our experts handle it for you
Every business is different. Message us with your country, business type and goals, and we will recommend the right structure, state and package. We do the work; you focus on your business.
This article is general information for non-resident business owners and is not legal or tax advice. Rules and fees change; contact us to confirm what applies to your situation.
