Priya Jain

I am the founder of Ledgerline were we help founders navigate the unknowns and stresses of business finances, taxes, legal and compliance. 📩 Email me at priya@ledgerline.xyz

taxes

Ignoring this form 5472 can drive $25000 penalty even if your entity have zero revenue

You incorporated US entity easily without any problem, EIN is approved, bank account is also opened. You wired $5000 to get started, fast forward a year; later you have not yet sold anything. No customers, No revenue and No invoices but Eighteen months later, an envelope from the IRS shows

All in one guide to register a Company in USA from India

Step by Step guide which will help you register your company in USA (C-Corp, and LLC). TL;DR / Quick Summary * Entity Choice: Choose C-Corp if you're planning to raise VC-funding or have already raised, LLC for bootstrapped founders. Unfortunately, Indian residents are ineligible for S-

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