Keeping your LLC in good standing, every year
A US LLC owned from Sri Lanka has a few yearly duties: Form 5472 with the IRS by 15 April, your registered agent renewal, a state annual report in Wyoming or Montana, and your Sri Lankan tax return by 30 November. We remind you before each one.
Every year by 15 April
File Form 5472 with a pro forma Form 1120
The IRS information return for single-member LLCs owned by non-residents. The penalty for not filing starts at $25,000. Entryly files it for $99 a year.
Every year on your LLC’s formation anniversary
Renew your registered agent
Every LLC must keep a registered agent. The first year is included; renewal is $99 a year with Entryly.
Every year, on the first day of your formation month
Wyoming annual report
Entryly files it for $80 a year.
Applies to Wyoming LLCs only
Every year by 15 April
Montana annual report
The report still has to be filed, but the state fee is waived until 2027.
Applies to Montana LLCs only
By 30 November after each tax year (1 April to 31 March)
File your Sri Lankan self-assessment return
Declare the income you received through your LLC. Qualifying service export income is taxed at a maximum of 15%.
Read the Sri Lanka tax guide for how the 15% cap works, and is a US LLC legal here? for the Central Bank side.