About Franchise Tax

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

Why Zero Par Value Stock Affects Franchise Tax By Amy Fountain Tuesday, April 16, 2024 Why Zero Par Value Stock Affects Franchise TaxWhen you form a corporation, the number of authorized shares and the par value will play a role in what your company will pay for the annual Delaware Franchise Tax. Most start-up companies are typically formed with a small number of authorized shares and a low (or zero) par value... Read More
How To Amend Your Company’s Delaware Annual Report By Brett Melson Tuesday, June 6, 2023 Is there an error in your corporation’s latest annual report? Learn how to make the necessary changes and submit your Delaware Amended Annual Report... Read More
What Happens when You Don’t Pay Your Franchise Tax? By Andrew Millman Monday, February 13, 2023 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 Sunday, May 22, 2022 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
Using the Delaware Franchise Tax Calculator By Justin Damiani Monday, February 21, 2022 We've developed a Delaware Franchise Tax Calculator to help you understand and plan for how much you'll likely need to pay in taxes for your Delaware business. Delaware's taxation structure has different tiers for LLCs, non-profit corporations and for-profit corporations... Read More
Top 10 Corporation & LLC Franchise Tax Questions By Amy Fountain Tuesday, March 30, 2021 top 10 franchise tax questionsHere are answers to 10 common Delaware corporation & LLC Franchise Tax questions... Read More
9 Common Franchise Tax Filing Mistakes By Amy Fountain Tuesday, November 17, 2020 common franchise tax filing mistakesRegardless of whether you're filling your taxes directly with the state of Delaware or using our secure online payment, keep these nine common mistakes in mind... Read More
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
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 Veso 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