Delaware Annual Report Requirements

Delaware handles annual reporting differently than most states. Instead of filing a traditional annual report, Delaware LLCs pay an annual franchise tax to maintain their good standing with the state. Understanding this requirement helps you avoid penalties and keep your business compliant.

What Is Delaware's Annual Franchise Tax?

Delaware LLCs don't file a traditional annual report that updates business information. Instead, they pay an annual franchise tax of $300 to the Delaware Secretary of State. This payment maintains your LLC in good standing and satisfies your ongoing state compliance obligations.

Corporations have different requirements and tax calculations based on their authorized shares and other factors. This page focuses on LLC requirements.

Filing Details You Need to Know

Filing Cadence: Annual

Tax Amount: $300

Due Date: June 1 each year

Delaware LLCs pay a flat $300 annual franchise tax. The Delaware Secretary of State sends notices to registered agents before the deadline, reminding businesses of their payment obligation.

Late Payment Penalties Missing the June 1 deadline results in significant consequences:

• $200 penalty for late payment
• 1.5% monthly interest on the unpaid amount
• Potential administrative dissolution if payment remains outstanding

Expedited Processing Delaware offers expedited processing options for various filing needs:

• 24-hour service: $50
• Same-day service: $200
• 2-hour service: $500
• 1-hour service: $1,000

These expedited fees are separate from the franchise tax and apply to document processing, not tax payments.

Where to Pay Pay your franchise tax through the Delaware Secretary of State's online portal at corp.delaware.gov. You'll need your business entity information to complete the payment.

What Happens If You Don't Pay?

Failing to pay your franchise tax on time can result in:

• $200 late payment penalty
• 1.5% monthly interest on the unpaid amount
• Loss of good standing with the state, affecting your ability to conduct business, obtain financing, or enter contracts
• Administrative dissolution if payment remains outstanding
• Potential loss of your business name if another entity registers it during your delinquency

Staying current with your franchise tax protects your business from these complications and ensures you maintain all the benefits and protections of your LLC status.

How Delaware Registered Agent Helps with Compliance

While we don't pay your franchise tax for you, we make sure you never miss the deadline. Here's how our $99 per year service supports your compliance:

Timely Reminders We monitor Delaware's franchise tax deadline and send you alerts well before June 1. This gives you plenty of time to make your payment and avoid the $200 penalty and monthly interest charges.

State Correspondence As your registered agent, we receive franchise tax notices from the Delaware Secretary of State and forward them to you the same day. You'll know immediately when the state sends payment reminders or notices.

Ongoing Support Have questions about your Delaware filing requirements or deadlines? We're available to help. While we can't provide legal or tax advice, we can point you to the right resources and help you understand what the state expects.

Good Standing Maintenance By keeping you informed about deadlines and forwarding state correspondence quickly, we help ensure your business stays in good standing with the Delaware Secretary of State.

Professional Service at a Fair Price

Our $99 annual registered agent service includes compliance reminders, same-day document forwarding, a professional Delaware address, and privacy protection. No hidden fees, no per-document charges—just reliable service that helps your business stay on track.

Whether you're managing one Delaware LLC or multiple entities, Delaware Registered Agent provides the support you need to focus on running your business instead of worrying about compliance deadlines.

Get Started Today

Avoid franchise tax penalties and maintain your Delaware LLC in good standing. Sign up for Delaware Registered Agent today and get the compliance alerts and document handling your business needs—all for $99 per year.