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Recent content by RachelNg

  1. R

    What are the penalties for failing to report FBAR?

    FBAR stands for Foreign Bank and Financial Accounts Reporting rule. It is a part of the U.S financial regulation to verify whether the money in your foreign financial account is legitimate. Failing to file an FBAR when required to do so means facing civil monetary penalties, or even criminal...
  2. R

    Cost estimated to form a company in Delaware - need advice

    Incorporation in Delaware, as in most states, has several components that affect the cost, so the total cost can vary widely. Registered agent fee: A Delaware corporation must have a registered agent within the State of Delaware. You can think of them as a bridge of connection between an LLC...
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