2023-09-07Washington Company Compliance and Maintenance Guidelines
Item |
Description |
Service Fees (USD) |
|
1 |
Annual renewal including registered agent, registered office and annual report fling fees (Note 1) |
Yearly |
900 |
2 |
Business license endorsements renewal (Note 2) |
Yearly |
TBD |
3 |
Federal business income tax returns and Washington state annually combined excise tax return (Note 3) |
Each filing |
800/up |
4 |
Washington State B&O tax filing (Note 4) |
Each filing |
150 |
5 |
Sales tax filing (Note 5) |
Each |
150/up |
6 |
Payroll tax filing and relevant services (Note 6) |
TBA |
TBA |
7 |
Foreign banks and financial accounts filing (FBAR) (Note 7) |
Yearly |
200 up |
8 |
Financial statements and special audit (Note 8) |
Yearly |
2,000/up |
9 |
Accounting and bookkeeping (Note 9) |
Monthly |
300/up |
(1) |
Kaizen service fee for the annual renewal includes provision of registered office, registered agent, preparation and filing the Biennial Statement, but not including business license endorsements renewal service, if any. |
(2) |
This is the official filing fee for renewal of business licence when your company holds one for reason of carrying out business in Washington. Kaizen does not charge service fee for handling the renewal of business license/permits for your Washington company. The final amount depends on the number of locations of business operation your company may have in Washington. |
(3) |
Our service fee for preparation and filing of the Federal and Washington State Annually Combined Excise Tax Return depends on business model and complexity and transactions of financial statements of your Washington company. You can register and file your return electronically even if you have "No Business Activity" to report. Once we have the opportunity to review the books of accounts of your Washington company, we will then prepare and provide an accurate quotation for your consideration. |
(4) |
State B&O tax return is USD 150 per return. If you need to file monthly return, our service fee is USD 120. |
(5) |
Kaizen service fee for quarterly sales/use tax filing is USD 150. If you need to file monthly return, our service fee is USD 120. |
(6) |
Our fee for payroll tax filing and relevant services is charged based on numbers of employees and frequency of salary payments. |
(7) |
Our fee for handling of filing of FBAR depends on the number and type of financial accounts to be reported. If no more than three accounts, the filing fee is USD 200. For each additional account, we charge USD50. |
(8) |
Our service fee for audit of annual financial statements is determined taking into consideration the business model of company, the complexity of the financial positions and the types and amounts of assets etc. Once we have the opportunity to review the books of accounts and financial statements of your company, we will then prepare and provide an accurate quotation for your consideration. In addition to audit of financial statements, we can also provide special audit and review services. |
(9) |
Our service fee for accounting and bookkeeping is determined taking into consideration the number of transactions. Other than updating books of accounts on a monthly basis, we can also update the books of accounts of your Washington company on a quarter or annual basis. We can also prepare financial statements in a language other than English. |