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US Dormant Company need to be audited?

Hi

Scenario: A dormant US subsidiary with <10 staffs, little financial transactions. Parent company is in Asia.

Qns: Under what kind of threshold does this dormant US subsidiary subjected to statutory audit?

I've seen alot of question posted but they are mostly all in UK.

Would greatly appreciate if someone could shed some lights.

Thank you very much.

G.

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04th Jan 2013 09:17

Wrong place

Try US site here

Dormant means no transactions

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