Written by the AccounTX Editorial Team
Registering a US company is the beginning of the compliance journey – not the end of it. Every US company, regardless of whether it has employees, generates revenue, or actively trades, is subject to a recurring annual cycle of federal, state, and information return filing obligations. Missing any of them can result in penalties that dwarf the original registration cost.
For Indian entrepreneurs who have registered US LLCs or Delaware corporations, this compliance landscape has an added layer of complexity: the obligations run in two directions simultaneously. There are US-side filings due to the IRS, FinCEN, and the State of Delaware. And there are India-side obligations under FEMA, the RBI, and the Income Tax Department. The two compliance calendars must be managed in parallel, with awareness of how each affects the other.
The penalty stakes are not trivial. Form 5472 – the information return required for all foreign-owned US entities – carries a minimum penalty of $25,000 per form per year for non-filing, even if the company had zero income. The FBAR (Report of Foreign Bank and Financial Accounts) attracts penalties of up to $10,000 per account per year for non-willful violations. Missing Delaware’s franchise tax deadline costs $200 immediately plus 1.5% monthly interest – and causes the company to lose its certificate of good standing, which can block banking approvals and investment transactions.
This guide is a practical, month-by-month compliance calendar covering every key annual deadline for US companies in 2026. Whether you have a Delaware C-Corporation, a Wyoming LLC, a Delaware single-member LLC, or a multi-member partnership structure, this calendar tells you exactly what is due, when, and what the penalty is for missing it.
Before using this calendar: if you have not yet incorporated your US company and are considering your structure and state options, read our complete guides on how to register a company in the USA from India and why Delaware is the #1 choice for company incorporation first.
Your Entity Type Determines Your Compliance Calendar
Before mapping out the year, it is important to understand that the compliance calendar for a US company differs significantly depending on the entity type. The key distinctions:
| Entity Type | Primary Tax Return | Initial Deadline | Extended Deadline | Key Additional Filing |
| Single-Member LLC (foreign-owned, disregarded entity) | Form 5472 + pro-forma Form 1120 | April 15 | October 15 | FBAR if foreign accounts held |
| Multi-Member LLC (taxed as partnership) | Form 1065 + Schedule K-1 | March 16 | September 15 | FBAR; Form 5472 if 25%+ foreign |
| S-Corporation | Form 1120-S + Schedule K-1 | March 16 | September 15 | Form 2553 election by March 16 |
| C-Corporation (including Delaware C-Corp) | Form 1120 | April 15 | October 15 | Form 5472 if 25%+ foreign-owned |
All entity types incorporated in Delaware – regardless of whether they are LLCs or corporations – also face Delaware state-level franchise tax obligations with their own separate deadlines. And all US companies with foreign financial accounts face potential FBAR obligations. These obligations apply independently of whether the company had any revenue in the year.
Month-by-Month US Company Compliance Calendar – 2026
January 2026
| Date | Obligation | Who It Applies To | Form / Action |
| January 1 | New financial year begins – open fresh books for 2026 | All US companies | Set up new ledger year in QuickBooks / Xero / accounting software. Reconcile December 2025 closing balances. |
| January 15 | Q4 2025 estimated tax payment – final installment | Pass-through entities (LLCs taxed as partnerships), S-Corps, individual owners with US-source income | IRS Direct Pay or EFTPS. This is for Q4 of the prior year – note it falls in January of the following year. |
| January 31 | W-2 forms to all employees | US companies with employees | Provide W-2 to each employee. File Form W-3 (transmittal) + W-2 copies with Social Security Administration (SSA). Paper and electronic same deadline. |
| January 31 | 1099-NEC to all independent contractors paid $600+ in 2025 | US companies that paid US contractors or freelancers | Send 1099-NEC to contractor AND file Copy A with IRS by same date. No extension available for recipient copy. |
| January 31 | Form 940 – Annual Federal Unemployment Tax (FUTA) return | US companies with employees | Annual FUTA return. If all FUTA tax was deposited on time throughout 2025, the deadline extends to February 10. |
⚠ January 31 is one of the most deadline-dense days in the US compliance calendar. Companies with employees or contractors must ensure payroll records are finalised and all 1099/W-2 data is prepared well in advance – ideally by January 15.
February – March 2026
| Date | Obligation | Who It Applies To | Form / Action |
| February 28 | Paper 1099-MISC filing with IRS | Companies filing 1099-MISC on paper (rare – most file electronically) | Form 1099-MISC paper copies to IRS. If e-filing, the deadline is March 31. |
| March 1 | Delaware Corporation Annual Franchise Tax Report + Payment | All Delaware corporations (C-Corps and S-Corps incorporated in Delaware) | File Annual Report and pay franchise tax at Delaware’s Division of Corporations portal (corp.delaware.gov). Minimum $400 for most startups. Calculated using Authorized Shares Method or Assumed Par Value Capital Method – use whichever gives the lower result. |
| March 16 | Partnership tax return due (Form 1065 + Schedule K-1) | Multi-member LLCs taxed as partnerships; all partnership entities | File Form 1065 with IRS. Distribute Schedule K-1 to all partners. (March 15 falls on Sunday in 2026 – deadline shifts to Monday March 16.) |
| March 16 | S-Corporation tax return due (Form 1120-S + Schedule K-1) | All S-Corporations | File Form 1120-S with IRS. Distribute Schedule K-1 to all shareholders. File Form 7004 if extension needed (extends to September 15). |
| March 16 | S-Corp election deadline for 2025 tax year | LLCs or corporations wanting to elect S-Corp status retroactively for the 2025 tax year | File Form 2553 with IRS. Late S-Corp elections are possible in some circumstances but require IRS relief – best to file on time. |
| March 31 | Electronic 1099-MISC filing with IRS | Companies e-filing miscellaneous 1099s | Electronic 1099-MISC, 1099-DIV, 1099-INT, and other 1099s (except 1099-NEC) due to IRS by this date via the IRS FIRE system or authorised filing software. |
April 2026 – The Most Critical Month
April is the single most deadline-dense month in the US compliance calendar, particularly for foreign-owned entities. Missing the April 15 deadlines without filing timely extension requests triggers automatic penalties.
| Date | Obligation | Who It Applies To | Form / Action |
| April 15 | C-Corporation income tax return (Form 1120) | All C-Corporations (including Delaware C-Corps) | File Form 1120 with IRS. File Form 7004 by April 15 to extend to October 15. Even on extension, tax owed must be estimated and paid by April 15 to avoid interest and underpayment penalties. |
| April 15 | Form 5472 + pro-forma Form 1120 for foreign-owned single-member LLCs | Any US single-member LLC with 25%+ foreign ownership – including all Indian-owned US LLCs | File combined Form 5472 + pro-forma Form 1120 with IRS. File Form 7004 by April 15 to extend to October 15. The $25,000 penalty applies even if the company has zero income – if any reportable transactions occurred (capital contributions, owner loans, payments to/from Indian parent). |
| April 15 | FBAR – Report of Foreign Bank and Financial Accounts (FinCEN Form 114) | Any US company that held foreign bank or financial accounts with aggregate value exceeding $10,000 at any point during 2025 | File electronically via FinCEN BSA E-Filing System (not through IRS). AUTOMATICALLY extended to October 15 – no action required to claim the extension. Even zero-balance accounts may trigger filing if they exceeded $10,000 during the year. |
| April 15 | Form 7004 – extension request for C-Corps, LLCs, and certain other entities | Any C-Corp or foreign-owned LLC that needs more time to file | File Form 7004 with IRS. Extension is automatic – 6 months – but extends the filing deadline only, NOT the payment deadline. Pay estimated tax owed by April 15 regardless. |
| April 15 | Q1 2026 estimated tax payment | Entities and individuals expecting to owe $1,000+ in federal tax for 2026 | Pay via IRS Direct Pay, EFTPS, or by check with Form 1040-ES / 1120-W voucher. First installment of the year. |
| April 30 | Form 941 – Q1 payroll tax return | US companies with employees | File Form 941 reporting wages, federal income tax withheld, Social Security, and Medicare taxes for January–March 2026. |
⚠ Critical for Indian founders: Even if your US LLC has not yet started generating revenue, if you have made any contributions of capital – wired money from your Indian bank account to your US LLC – that contribution is a reportable transaction for Form 5472 purposes. The $25,000 penalty applies regardless of whether any income was earned. Do not assume a dormant company is exempt.
Managing US company compliance from India?
AccounTX’s Global Desk practice manages Form 5472, FBAR, Delaware franchise tax, and all annual US compliance filings for Indian-owned US companies – so you never miss a deadline. Talk to our team today – first consultation is free.
June 2026
| Date | Obligation | Who It Applies To | Form / Action |
| June 1 | Delaware LLC Annual Franchise Tax ($300) | All Delaware LLCs, LPs, and LLPs | Pay $300 flat fee at Delaware’s Division of Corporations portal. Unlike Delaware corporations, LLCs pay a flat fee – no complex calculation required. Late penalty: $200 + loss of certificate of good standing. |
| June 15 | Q2 2026 estimated tax payment | Entities and individuals with estimated tax obligations | Second installment of 2026 estimated taxes. Pay via EFTPS or IRS Direct Pay. |
| June 15 | Form 1040-NR for non-resident individuals with US income but no US office or wages | Non-resident alien individuals receiving US-source income without a US employer or office | June 15 is the special extended initial deadline for non-resident filers – 2 months later than the April 15 standard deadline. Further extension to October 15 available via Form 4868. |
July 2026
| Date | Obligation | Who It Applies To | Form / Action |
| July 31 | Form 941 – Q2 payroll tax return | US companies with employees | File Form 941 reporting Q2 (April–June 2026) wages and payroll taxes. |
| July 31 | Form 5500 – Annual report for employee benefit plans (if applicable) | US companies with qualified retirement plans (401k, SIMPLE IRA, etc.) | File Form 5500 with Department of Labor and IRS. Applies to companies with formal employee benefit plans – most early-stage foreign-owned US companies will not have these. |
September 2026
| Date | Obligation | Who It Applies To | Form / Action |
| September 15 | Extended deadline for Partnership returns (Form 1065) – FINAL | Multi-member LLCs and partnerships that filed Form 7004 in March | No further extension is available after September 15 for partnerships and S-Corps. File Form 1065 with all Schedules K-1 by this date. Filing after this deadline triggers automatic late-filing penalties. |
| September 15 | Extended deadline for S-Corporation returns (Form 1120-S) – FINAL | S-Corporations that filed Form 7004 in March | File Form 1120-S with all Schedules K-1. No further extension after September 15 for S-Corps. |
| September 15 | Q3 2026 estimated tax payment | Entities and individuals with estimated tax obligations | Third installment of 2026 estimated taxes. Pay via EFTPS or IRS Direct Pay. |
October 2026 – The Extension Deadline Month
| Date | Obligation | Who It Applies To | Form / Action |
| October 15 | Extended deadline for C-Corporation returns (Form 1120) – FINAL | C-Corporations that filed Form 7004 in April | Final hard deadline for Form 1120. No further extension available. File with all required schedules and attachments. |
| October 15 | Extended deadline for Form 5472 + pro-forma Form 1120 – FINAL | Foreign-owned single-member LLCs that filed Form 7004 in April | Final hard deadline for Form 5472. The $25,000 penalty begins accumulating from the day after this deadline for any unfiled return. This is the absolute last opportunity – no IRS discretion after this date. |
| October 15 | FBAR final deadline (auto-extended from April 15) | All US entities required to file FinCEN Form 114 | File electronically via FinCEN BSA E-Filing System. No further extension beyond October 15 for FBAR – this is the absolute deadline. File even if the account is now closed – the obligation is based on the balance held during the prior calendar year. |
| October 31 | Form 941 – Q3 payroll tax return | US companies with employees | File Form 941 reporting Q3 (July–September 2026) wages and payroll taxes. |
December 2026 and Year-End
| Date | Obligation | Who It Applies To | Form / Action |
| December 15 | Q4 2026 estimated tax payment – for C-Corporations | Calendar-year C-Corporations with estimated tax obligations | C-Corps pay their Q4 estimated installment on December 15 – not January 15 like individuals. Underpayment triggers IRS penalty. |
| December 31 | Year-end book close – last day for deductible 2026 business expenses | All US companies on calendar year (December 31 year-end) | All business expenses to be deducted in 2026 must be incurred or paid by December 31. Pay outstanding invoices, record accruals, process year-end bonuses, and finalize accounts receivable and payable reconciliation. |
| December 31 | Final FBAR account balance snapshot | All US companies holding foreign financial accounts | Note the December 31 closing balance across all foreign accounts. This, along with the peak balance reached during the year, determines FBAR filing obligation for next year’s cycle. |
Quarterly Estimated Tax Payment Schedule – 2026 at a Glance
| Installment | Period Covered | Due Date | Who Must Pay |
| Q1 2026 | January – March 2026 | April 15, 2026 | All entities and individuals expecting to owe $1,000+ in federal tax for 2026 |
| Q2 2026 | April – May 2026 | June 15, 2026 | Same as above |
| Q3 2026 | June – August 2026 | September 15, 2026 | Same as above |
| Q4 2026 (C-Corps) | September – December 2026 | December 15, 2026 | C-Corporations only |
| Q4 2026 (Individuals / Pass-Through) | September – December 2026 | January 15, 2027 | Individual owners, S-Corp shareholders, partnership members |
Safe harbour rules allow you to avoid underpayment penalties by paying the lesser of: (a) 100% of the prior year’s tax liability, or (b) 90% of the current year’s estimated tax liability. For high-income taxpayers (adjusted gross income above $150,000 in the prior year), the safe harbour threshold increases to 110% of the prior year’s tax.
BOI Reporting Under the Corporate Transparency Act: Current Status in 2026
The Beneficial Ownership Information (BOI) reporting requirement under the Corporate Transparency Act (CTA) has been one of the most volatile areas of US compliance over the past two years – with multiple court injunctions, a Supreme Court ruling, and multiple FinCEN guideline reversals creating genuine confusion for business owners.
Here is the definitive current position as of mid-2026:
Current Status: Most US Domestic Entities Are EXEMPT
On March 26, 2025, FinCEN issued an interim final rule that removes BOI reporting requirements for US domestic reporting companies – meaning entities formed under US state law, including Delaware LLCs, Delaware C-Corporations, Wyoming LLCs, and any other entity incorporated under any US state’s laws. This rule was published in the Federal Register and took immediate effect.
What this means for Indian entrepreneurs with US entities: If you have incorporated a Delaware LLC or a Delaware C-Corporation – even if you are the 100% foreign owner and you live in India – your entity is a US domestic entity (formed under Delaware state law) and is currently exempt from BOI filing under the interim final rule.
Who Still Must File BOI
BOI reporting now applies only to foreign reporting companies – entities that are formed under the law of a foreign country and have registered to do business in a US state. For example, if an Indian Private Limited Company (incorporated under Indian law) were to register as a foreign corporation doing business in the state of Delaware, it would still be subject to BOI reporting as a foreign reporting company. A US LLC formed by that same Indian company would be exempt.
Important Caveat – Final Rule Not Yet Issued
As of mid-2026, FinCEN’s March 2025 rule remains an interim final rule. FinCEN has indicated it intends to issue a permanent final rule, but had not done so as of Q1 2026. The Eleventh Circuit Court of Appeals upheld the CTA’s constitutionality on December 16, 2025 – meaning the underlying law is valid – but the current administrative exemption for domestic entities remains in force. All US company founders should monitor FinCEN’s official BOI page (fincen.gov/boi) for updates, as the scope could change when the final rule is published.
The Three Deadlines You Absolutely Cannot Miss
Of all the dates in this calendar, three carry the highest risk of severe, disproportionate penalties for foreign-owned US companies. These deserve special attention:
1. Form 5472 – April 15 (or October 15 with extension)
Form 5472 is the most dangerous compliance gap for Indian-owned US companies, because the penalty is fixed regardless of company size or revenue. The $25,000 minimum penalty per form per year applies even if the company had zero revenue and zero employees – as long as a reportable transaction occurred. A capital contribution from the Indian founder is a reportable transaction. A payment from the US LLC to a related party (the Indian founder’s Indian company, for services or otherwise) is a reportable transaction. Many Indian founders who set up US LLCs for client billing purposes make contributions and payments throughout the year without realising they have triggered a Form 5472 obligation.
See the IRS official Form 5472 guidance for a complete list of reportable transactions.
2. Delaware Franchise Tax – March 1 (Corp) / June 1 (LLC)
The Delaware franchise tax deadline is frequently missed because it is a state obligation – not a federal one – and many founders are focused on their federal filings. Missing the March 1 deadline for a Delaware corporation results in a $200 late penalty plus 1.5% monthly interest, and the company immediately loses its certificate of good standing. Loss of good standing can block: opening or maintaining bank accounts, processing investment transactions, renewing business contracts, and completing due diligence for fundraising rounds or M&A transactions. Restoring good standing requires paying all outstanding fees, penalties, and interest – which accumulates month over month if the situation is left unresolved.
One additional trap for Delaware corporations: many founders calculate their franchise tax using the Authorised Shares Method (the default method that Delaware presents first on its online portal), which can produce an artificially high tax number – sometimes tens of thousands of dollars – for companies with many authorised but unissued shares. The Assumed Par Value Capital Method almost always produces a much lower tax for early-stage startups. Always verify which method gives the lower amount before paying.
3. FBAR – April 15 (auto-extended to October 15)
The FBAR is one of the most under-appreciated compliance obligations for US companies with overseas bank accounts. Indian founders who hold foreign accounts in the name of their US LLC – for example, an Airwallex multi-currency account, a Wise Business account, or an account at an Indian bank held by the US entity – must file FBAR if the aggregate value exceeded $10,000 at any time during the year. The penalty regime is severe: non-willful failures attract up to $10,000 per account per year; willful violations attract the greater of $100,000 or 50% of the account balance per violation, per year.
India-Side Compliance Obligations for Indian Founders with US Companies
The US compliance calendar does not operate in isolation for Indian founders. Running in parallel is an India-side compliance cycle under FEMA, the RBI, and the Income Tax Department. Both must be managed simultaneously:
| India-Side Obligation | Deadline | Notes |
| Annual Performance Report (APR) filing via Authorised Dealer bank | By 31 December of secceding year | For calendar-year US entities (Dec 31 year-end): APR due by 31st December of succeding yearof the following year. Late filing: Rs. 7,500 + 0.025% of investment amount per year of delay. |
| Schedule FA disclosure in Indian ITR | By Indian ITR due date (July 31 for non-audited; October 31 for audited) | All foreign assets – including US company shares held by the Indian founder – must be disclosed. Non-disclosure: Rs. 10 lakh penalty per asset per year under Black Money Act. |
| Form 67 – Foreign Tax Credit claim | On or before Indian ITR due date | Required if any US tax was withheld and the Indian founder is claiming India-USA DTAA relief. Must be filed before ITR due date – not after. |
| ITR filing (Indian Income Tax Return) | July 31 (non-audited individuals); October 31 (audited entities) | Must include income from US entity (dividends, salary from US company, etc.) under the appropriate income head. Use ITR-2 or ITR-3 – not ITR-1 – when holding foreign assets. |
For a complete guide to the India-side FEMA obligations that run alongside your US compliance calendar, read our guide on FEMA ODI compliance for Indian companies in 2026.
Penalty Reference: The Cost of Missing US Company Deadlines
| Filing / Obligation | Penalty for Failure |
| Form 5472 (foreign-owned LLC/Corp) | $25,000 minimum per form per year – no maximum. Applies even with zero income. |
| Form 1065 late filing (Partnership) | $235 per partner per month (up to 12 months). 10 partners = $2,350/month. |
| Form 1120-S late filing (S-Corp) | $235 per shareholder per month (up to 12 months). |
| Form 1120 late filing (C-Corp) | 5% of unpaid tax per month, maximum 25% of unpaid tax. |
| FBAR – non-willful failure | Up to $10,000 per account per year (adjusted for inflation annually). |
| FBAR – willful failure | Greater of $100,000 or 50% of account balance per violation per year. Criminal penalties possible. |
| Delaware franchise tax – corporation (late) | $200 + 1.5% monthly interest on unpaid balance + loss of good standing. |
| Delaware franchise tax – LLC (late) | $200 flat late penalty + loss of good standing. |
| W-2 / 1099 late filing | $60–$310 per form depending on how late (under 30 days vs. after August 1). |
| Form 941 late filing (payroll) | 5% of unpaid tax per month, up to 25%. Failure to deposit: 2%–15% depending on how late. |
| Estimated tax underpayment | IRS underpayment penalty – calculated at federal short-term interest rate + 3%. |
Can All of This Be Managed from India?
Yes – entirely. Every obligation in this compliance calendar can be managed by a qualified India-based team working within US tax software platforms, provided they have proper authorisation, the right credentials, and a structured workflow.
AccounTX manages the complete annual compliance cycle for Indian-owned US entities – including Form 5472, Form 1120, Form 1065, FBAR preparation, Delaware franchise tax filings, quarterly estimated tax coordination, and payroll filings where applicable. Our US tax preparation team works within Drake Tax, UltraTax, and QuickBooks, and operates under IRS Circular 230 compliance guidelines. For a complete overview of what can be outsourced, read our guide on outsourcing US tax preparation to India.
For the accounting and bookkeeping side – maintaining clean books throughout the year so that the April and October deadlines are never a scramble – our guide on outsourcing accounting to India for US businesses covers the complete service model and cost comparison.
Frequently Asked Questions: US Company Annual Compliance Deadlines
What is Form 5472 and when is it due in 2026?
Form 5472 is an IRS information return required for any US company with 25% or more foreign ownership. For Indian-owned single-member LLCs, it is filed combined with a pro-forma Form 1120 by April 15, 2026, extendable to October 15. The penalty for failure to file is $25,000 per form per year – regardless of whether the company had any income. Any reportable transaction with the foreign owner, including capital contributions, counts as a triggering event.
When is the FBAR deadline in 2026?
The FBAR (FinCEN Form 114) initial deadline is April 15, 2026. It is automatically extended to October 15, 2026 – no action required to claim this extension. FBAR must be filed if foreign financial accounts held by the US entity exceeded $10,000 in aggregate at any time during 2025. It is filed through the FinCEN BSA E-Filing System, not through the IRS.
When is the Delaware franchise tax due in 2026?
Delaware corporations must file and pay by March 1, 2026 – minimum $400 for most startups. Delaware LLCs owe a flat $300 and must pay by June 1, 2026. Both use the Delaware Division of Corporations online portal. Missing either deadline triggers a $200 late penalty plus loss of certificate of good standing.
What is the difference in tax deadlines for LLC vs C-Corp vs S-Corp in 2026?
Single-member LLC (Form 5472 + pro-forma 1120): April 15 / October 15. Multi-member LLC partnership (Form 1065): March 16 / September 15. S-Corporation (Form 1120-S): March 16 / September 15. C-Corporation (Form 1120): April 15 / October 15. Quarterly estimated tax: April 15, June 15, September 15, and January 15 (individuals/pass-through) or December 15 (C-Corps).
Do foreign-owned US LLCs need to file BOI reports in 2026?
Under FinCEN’s interim final rule (March 26, 2025), US domestic entities – including all LLCs and corporations formed under any US state law – are currently exempt from BOI reporting. Only foreign reporting companies (entities formed under foreign law and registered to do business in a US state) must still file. An Indian founder’s Delaware LLC is a US domestic entity and currently exempt. Monitor fincen.gov/boi for final rule updates.
When are quarterly estimated tax payments due for US companies in 2026?
Q1: April 15 – Q2: June 15 – Q3: September 15 – Q4: December 15 (C-Corps) or January 15, 2027 (individuals and pass-through entities). Applies when the entity or its owners expect to owe $1,000 or more in federal income tax for 2026.
What payroll compliance deadlines apply to US companies with employees in 2026?
W-2 to employees and SSA: January 31. 1099-NEC to contractors and IRS: January 31. Form 941 quarterly payroll returns: April 30 (Q1), July 31 (Q2), October 31 (Q3), January 31, 2027 (Q4). Form 940 annual FUTA return: January 31, 2027. Payroll tax deposits are required semi-weekly or monthly depending on the prior year lookback period.
What India-side compliance obligations do Indian founders with US companies have?
Annual Performance Report (APR) via Authorised Dealer bank – by 31st December of succeeding year US entity’s financial year end. Schedule FA disclosure in Indian ITR – annually, with Rs. 10 lakh penalty per undisclosed asset under the Black Money Act. Form 67 to claim India-USA DTAA relief on any US-withheld taxes – must be filed by Indian ITR due date. Indian ITR filing in ITR-2 or ITR-3 – not ITR-1 – when holding foreign assets. Late APR filing: Rs. 7,500 + 0.025% of the investment amount per year of delay.
Stay Ahead of Every Deadline – Starting with the Next One
The US compliance calendar for a foreign-owned company is not complex when understood systematically – but it is unforgiving when deadlines are missed. The penalty regime, particularly for Form 5472 and FBAR, is designed to be punitive enough to compel compliance. A single missed Form 5472 for a company that contributed $50,000 from India produces a $25,000 IRS penalty – 50% of the total capital deployed, collected as a tax administration penalty rather than a tax liability.
The good news is that when a structured compliance calendar is in place – with deadlines tracked, extension requests filed proactively, and annual filings managed by a qualified team – none of these penalties apply. The compliance cost of a properly managed US entity is a fraction of the penalty cost of a neglected one.
AccounTX’s US Global Desk practice provides complete annual compliance management for Indian-owned US companies – covering every deadline in this calendar, plus the India-side FEMA/ODI obligations that run in parallel. Our team manages Form 5472, Form 1120, FBAR, Delaware franchise tax, quarterly estimated tax planning, and full-year bookkeeping – giving Indian founders a single point of accountability for their entire cross-border compliance obligation.
Get in touch with AccounTX today – tell us which type of US entity you have, when it was formed, and what filings have been made so far. We will tell you exactly where you stand and what needs to happen next.
About the Author
Satish Sarawagi is a Partner at AccounTX with over a decade of experience advising Indian entrepreneurs on cross-border company formation, international taxation, and multi-jurisdiction compliance across the USA, Singapore, Australia, the UK, and the UAE. He leads AccounTX’s Global Desk practice and has guided 100+ Indian founders through the Singapore Pte Ltd formation and compliance process. Connect on LinkedIn.
