Delaware Annual Reports & Franchise Tax
Stay compliant with Delaware's annual requirements. We manage deadlines, filings, and payments so your business remains in good standing.
We are not a law firm and do not provide legal advice. No attorney–client relationship is formed.
Delaware Annual Requirements
Delaware LLCs
Annual LLC Tax: $300
Flat annual tax due each year by June 1st
No Annual Report Required
Delaware LLCs do not need to file annual reports
Penalty for Late Payment
$200 penalty plus interest for late payments
Delaware Corporations
Annual Report Due March 1st
Must report officers, directors, and business information
Franchise Tax
Calculated by Authorized Shares or Assumed Par Value method
Strict Deadline
Penalties and interest apply for late filings
Delaware Corporation Franchise Tax Calculation
Authorized Shares Method
Based on the number of authorized shares in your Certificate of Incorporation.
- • Up to 5,000 shares: $175 minimum
- • 5,001 - 10,000 shares: $250
- • Each additional 10,000 shares: $85
- • Maximum annual tax: $200,000
Best for: Companies with standard share structures
Assumed Par Value Method
Based on assumed par value of issued shares and gross assets.
- • Minimum tax: $400
- • Calculated using complex formula
- • Considers total gross assets
- • May result in lower tax for some companies
Best for: Companies with many authorized shares but few issued shares
💡 Pro Tip
Delaware allows you to choose the calculation method that results in the lower tax. Our team can provide administrative resources; consult a licensed attorney for legal advice to determine which method saves you money.
How We Help You Stay Compliant
Deadline Tracking
We monitor all your compliance deadlines and send advance reminders so you never miss a filing.
Report Preparation
Our team prepares and files your annual reports with accurate information and proper documentation. For legal advice, consult a licensed attorney.
Payment Processing
We handle payment of state fees and taxes, ensuring timely submission and good standing maintenance.
Tax Optimization
We calculate franchise tax using both methods and choose the option that minimizes your tax liability.
Penalty Avoidance
Our proactive approach helps you avoid costly late fees, penalties, and loss of good standing status.
Compliance Dashboard
Access your compliance status, filing history, and upcoming deadlines through our client portal.
Consequences of Non-Compliance
Late Fees and Penalties
Delaware imposes significant penalties for late filings, including $200 penalties for LLCs and escalating penalties for corporations.
Loss of Good Standing
Failure to file required reports or pay taxes results in loss of good standing status, affecting your ability to conduct business.
Administrative Dissolution
Continued non-compliance can lead to administrative dissolution, effectively terminating your business entity.
Business Disruption
Non-compliant entities may face restrictions on business activities, banking relationships, and legal proceedings.
Important Delaware Compliance Dates
2024 Calendar
2025 Calendar
📧 Never Miss a Deadline
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