How To Make an Online LLC/LP Franchise Tax Payment

As you know by now, the State of Delaware LLC/LP Franchise Tax is due annually by June 1st. Harvard Business Services, Inc. has been sending plenty of reminder notices via mail and email to make sure you make payment arrangements before the deadline. 

If you don’t pay on time, the state of Delaware is going to impose a $200 late penalty plus 1.5% monthly interest on your company. In addition, the company is going to be put in a ceased good standing status. Since you likely don’t want to pay any more fees than you have to, it’s a good idea to take care of the filing sooner rather than later.

You might be thinking that because we are talking about a tax that the filing process is difficult, cumbersome and will require a lot of your valuable time. Not the case! To make filing as easy as possible, Harvard Business Services, Inc. has created a simple and efficient Delaware Franchise Tax online payment system.

Here's how it works:

First make sure you have your full Company Name and corresponding Delaware State File Number ready. If you don’t have these items, no worries, just contact our office and we will provide the details to you.

1. First, visit our secure payment page. On this page, you will need to enter your Company Name and Delaware State File Number previously mentioned.
   • Note: if you need to make a payment for multiple companies at once, use our Multiple LLC Franchise Tax payment page instead. The process is similiar to the steps listed below.
      
2. Next, you need to provide some basic contact details. Enter your First Name, Middle initial (optional) and Last Name in the three (3) separate boxes shown.
    
3. Enter a telephone number, in case we need to contact you with any questions, and your email address, exactly the same, in the two (2) boxes indicated. This is the email address to which your payment receipt is going to be sent.
    
4. The next section asks for your Principal Place of Business, but since you are paying the Franchise Tax for an LLC/LP, you do not have to complete this section. Check “Yes,” you are paying for an LLC/LP. Click the Continue to next page button.
    
5. You will now see a Review Page. Confirm your information and correct any inaccuracies using the Edit button. Click Continue to Next Page.
    
6. At the top of this page is the Franchise Tax Calculation, which is basically a breakdown of how much you owe. If you have a prior balance, it will be shown here. Now you know exactly how much you have to pay for the annual Franchise Tax fees.
    
7. Next, provide a form of payment; you can pay with a debit or credit card, such as Visa, MasterCard, American Express or Discover by filling in the customary credit card information in the boxes indicated. Or you can pay with your valid PayPal account. If you choose this option, you will be redirected to the PayPal website for further processing.
    
8. Check the box to agree to the Terms and Conditions and then click the Place Order button.

You are done! Wasn't that easy?

In a few minutes you should receive your receipt to your email inbox. If the receipt doesn’t arrive promptly, you might want to check your spam folder too, just in case.

At this point, Harvard Business Services, Inc. is going to start processing your Franchise Tax filing with the state of Delaware. Once the state Franchise Tax authorities have approved your filing, you will receive a separate email confirmation from Harvard. This typically takes about five to ten business days.

We also offer this handy infographic to answer some of the most common questions for LLC and LP Franchise Tax. Just click or tap the image for the full size version.

If you have any questions about the filing process, just let us know and we will be glad to help. Send us an email at payments@delawareinc.com or call us at 1-800-345-2677 or 1-302-645-7400, Extension 6904.