About Franchise Tax

All companies formed in Delaware must pay an annual Delaware Franchise Tax. Learn more about Franchise Tax.

Delaware SOS Will Now Charge $50 for Amended Annual Reports By Amy Fountain Monday, August 26, 2019 In the past, the state has allowed amended Annual Reports to be filed at no additional charge. However, starting September 1, 2019, the Delaware Secretary of State will impose a $50 fee for every amended Annual Report that is filed ($25 for an exempt company)... Read More
What Happens when You Don’t Pay Your Franchise Tax? By Andrew Millman Monday, June 3, 2019 If you miss a Franchise Tax payment for your Delaware company, this will always be on the record with the Delaware Division of Corporations, even if you pay all the past due Franchise Tax and bring the company back into good standing... Read More
Why June 1st Is an Important Deadline for Delaware LLCs By Amy Fountain Monday, May 27, 2019 If you have a Delaware Limited Liability Company (LLC), series LLC or Limited Partnership (LP), then the date of June 1 is critical to your business entity. June 1 is the deadline for paying you company’s annual Franchise Tax fees... Read More
Why Zero Par Value Stock Affects Franchise Tax By Amy Fountain Monday, May 6, 2019 Why Zero Par Value Stock Affects Franchise TaxWhen you form a corporation, think about Franchise Tax when you’re deciding the number of authorized shares and the par value of the shares. Most start-up companies are typically formed with a small number of authorized shares and a low (or zero) par value... Read More
2018 Franchise Tax for Corporations – Calculate Yours By Amy Fountain Monday, December 10, 2018 For a corporation, this filing is required to be completed by March 1 of every year in order to keep the company in a good standing existence. If the Annual Report and Franchise Tax fee are not paid by the deadline, the Delaware Secretary of State will automatically impose a late penalty with monthly interest... Read More
Delaware LLC/LP Franchise Tax Is Due June 1, 2018 By Amy Fountain Tuesday, May 29, 2018 2018 delaware LLC franchise tax dueFranchise Tax is due for all Delaware LLCs, series LLCs and Limited Partnerships (LPs) on June 1 of every year... Read More
Delaware’s New Corporation Franchise Tax Fees By Amy Fountain Monday, December 11, 2017 Changes to Delaware’s Corporate Franchise Tax FeesFranchise Tax fees for Delaware corporations are changing. The following amendments are in effect as of January 1, 2018. This means the 2018 Franchise Tax fees, which are due by March 1, 2019, will be impacted by these new laws... Read More
Changes to Delaware’s Corporate Franchise Tax Fees By Amy Fountain Wednesday, November 1, 2017 Changes to Delaware’s Corporate Franchise Tax FeesThe Delaware General Assembly passed House Bill 175, which affects some taxes and fees imposed by Delaware’s Secretary of State. All the amendments have been approved. Some are already in effect and some will not be applicable until January 1, 2018... Read More
9 Easy Tips for Filing Your Delaware Franchise Tax By Amy Fountain Monday, October 2, 2017 filing delaware corp franchise taxEvery Delaware corporation must pay Franchise Tax by filing an annual report online. Your company’s Franchise Tax Fee depends on the number of authorized shares... Read More
Filing Delaware LLC Franchise Tax [INFOGRAPHIC] By Veselin Ganev Tuesday, May 9, 2017 filing delaware llc franchise taxDelaware LLC Franchise Tax is due June 1 of every year. Our infographic shows you what you'll need when filing, plus how to file online quickly and easily... Read More