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
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
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
Introducing Our New Delaware Franchise Tax Calculator By Amy Fountain Tuesday, May 2, 2017 franchise tax calculatorOur Franchise Tax Calculator can compare the amounts due between different Delaware entity types, and to calculate your Delaware company's Franchise Tax... Read More
An Easier Way to Pay Delaware LLC/LP Franchise Taxes By Amy Fountain Monday, May 9, 2016 pay delaware llc franchise taxEven if we are not your Registered Agent, you can still use our system to pay your Delaware Franchise Tax. We are excited to announce that in an effort to improve our clients’ user experience, it is now possible to submit annual Franchise Tax payments for multiple LLCs and Limited Partnerships in a single transaction... Read More
Top 10 Corporation & LLC Franchise Tax Questions By Amy Fountain Tuesday, February 2, 2016 top 10 franchise tax questionsHere are answers to 10 common Delaware corporation & LLC Franchise Tax questions... Read More