A few years ago I made a delaware LLC. At that time there wasn’t an annual fee. I let that remain dormant and “forget about it”.
Suddenly I got a $600 tax bill from Delaware. It turns out I didn’t get the tax bill the first time so they charge for 2 years + penalty + interests.
I am not an American citizen and has little assets in US (which I am withdrawing right now).
If I knew there will be annual tax I would have dissolved the LLC.
Now, I want to dissolve it now.
However, in the form to dissolve I see that I have to “pay” for all my taxes first.
However, if I just let it go, this website suggest that delaware will just move on. http://www.drlaura.com/sah/money.html?mo… if I do nothing.
The LLC has not done any business. It’s dormant. Will it seize my US bank account? I have very little money there and I am withdrawing all. Will I go to jail next time I go to US. I would have dissolve that if I knew there were annual tax. Imagine someone knowing nothing and suddenly got 10k tax bill on entities he forget?
What should I do?
Is there a way to properly close this without paying the $600 which can cause significant financial hardship for me. I made that when I were rich. I just want the $250 annual fee to at least stop first and then decide whether to pay or not. I am able to pay $600 in the future.
I guess I was lucky. I’ve heard other states charge $800 per year. Wow. Opening LLC in US can be very dangerous.
Do they have a special rule for LLC that never done any business? Is that easier or simpler to close? Usually does. But what about delaware?
If I ended up paying $600 I will tell the world of what might go wrong in forming LLC in US. That’ll cost IRS whatever way more than $600.
Also in http://corp.delaware.gov/newfee.pdf they seem to have special section for short form dissolution and section for LLC that has never been in business.
Where can I learn more about it?