Closing Wyoming Llc Guide

Summary

Closing a Wyoming LLC involves filing Articles of Dissolution, canceling licenses, and paying any outstanding taxes. Ignoring state correspondence can lead to financial penalties, legal action, and future business difficulties. Even with $0 sales, annual reports or minimum taxes may still be required. Consult a tax professional for personalized advice.

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i'm a non US citizen and live outside the USA. i opened an LLC in Wayoming for online shopping on November-* and i had no sales hence i closed the online store almost mid November *.. How can i formally close the company? do i have to pay taxes? what if i just ignored all the state emails because anyway i'm not a US citizen and do not live in US
Closing an LLC in Wyoming involves several steps:
- Filing Articles of Dissolution with the Wyoming Secretary of State.
- Canceling any business licenses or permits.
- Paying any outstanding taxes or fees.
Tax obligations may exist, depending on the company's activities. Ignoring state correspondence is not advised as it could lead to legal consequences. It's best to consult a tax professional for personalized advice.
but i'm not a US citizen and i do not live in the US.. what could happen?
Even as a non-US citizen not residing in the US, you can face legal consequences for ignoring state correspondence. This could include:
- Financial penalties
- Difficulty in opening future US businesses
- Potential legal action
It's advisable to resolve all obligations.
what is the potential legal action?
Potential legal actions could include:
- Lawsuits filed by the state to recover any owed taxes or fees.
- Legal injunctions prohibiting you from doing business in the US in the future.
- In severe cases, criminal charges for tax evasion or fraud.
Remember, it's always best to consult a legal professional for advice tailored to your situation.
but i have $* sales
Even with $* in sales, there may still be obligations for filing annual reports or paying minimum taxes. Ignoring these obligations can result in penalties and legal complications. It's best to consult a tax professional.