Delaware LLC Annual Franchise Tax Report

Delaware LLC Annual Franchise Tax Report

After forming a Delaware LLC, you will need to manage annual obligations.

Delaware LLCs are not required to file an Annual Report as Corporations do. However, they must pay a flat-rate Annual Franchise Tax of $300 each year.

Every LLC formed in Delaware must pay this $300 tax, regardless of income or business activity. This payment is required to keep your LLC in compliance with state regulations.

Method of Filing (online only)

You must pay the Annual Franchise Tax online mail submissions are not accepted. Payments can be made using a credit card or a checking account.

Fee

The Annual Franchise Tax for Delaware LLCs is $300 per year.

Due Date

The Annual Franchise Tax must be paid by June 1 each year.

Your first payment is due in the calendar year following your LLC's approval.

For instance, if your LLC was approved on March 12, 2024, your initial Annual Franchise Tax will be due by June 1, 2025.

Penalty

If you do not pay your Annual Franchise Tax by June 1, a late fee of $200 will be imposed. Additionally, your account will incur a penalty of 1.5% interest per month for each month it remains unpaid.

Reminders

The state will mail reminder notifications to your LLC's Registered Agent each February.

We also suggest setting a recurring reminder on your calendar. Even if you don’t receive a reminder notice, you are still responsible for paying the tax annually.

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Recommendation

We advise paying your Franchise Tax early (beginning in February) to avoid late fees. Many people choose to pay it in April when they are handling other taxes as well.

Guide to Paying Your Delaware LLC Annual Franchise Tax

Visit the state online portal

Visit the state's online filing system:
Delaware Corporations Information System

Enter your LLC's File Number

After entering the file number of your LLC, select "Continue."

Business Entity File Number:
To complete the online payment, you must enter your Business Entity File Number, sometimes referred to as your "File Number." This number can be located by using the database search found here.

Review fees/taxes due

Review the tax amount due (including any applicable late fees) and then click the "Pay Taxes" button.

Enter your payment information

At the top, choose "Pay Full Amount."

After selecting your preferred payment option such as credit card or ACH enter your billing address, contact details, and payment information.

Select "Submit" from the menu.

The annual franchise tax for Delaware LLC has been successfully paid!

Email confirmation

You will receive an email confirmation from the state confirming your payment.

It is advised that you print this email and file it with your business documents.

After the payment is made, no further actions are required. Just keep in mind that starting now, you must pay your annual franchise tax.

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Delaware Franchise Tax Division Contact Info

If you have any questions about your LLC's Annual Franchise Tax, you can contact the Franchise Tax Division at 302-739-3073 (option 3).

Their hours are Monday through Friday, from 8 am to 4:30 pm Eastern Time.