Delaware Annual Report Service & Filing Instructions

Delaware Annual Report Due Dates and Fees

To file your annual report in Delaware, you’ll need to first figure out when it’s due and how much you’ll need to pay in filing fees. The chart below shows you when and how much you’ll need to pay.

*All domestic corporations in Delaware must file an annual report AND pay an annual franchise tax. The state offers two methods for calculating your total franchise tax and encourages you to use the procedure that results in the lowest amount due – which will never be less than $175 or greater than $200,000. Below, is a breakdown of both processes for calculating your franchise tax.

Authorized Shares Method:
As the name suggests, this process requires you to know the total number of authorized shares.

• 5,000 shares or less: $175
• 5,001 – 10,000: $250
• each additional 10,000 shares or portion thereof: add $85
• Maximum tax: $200,000

Example: If your corporation has 10,001 authorized shares, your total franchise tax will be $335 ($250 plus $85).

Assumed Par Value Capital Method:
You can only use this method if your shares have par value. To use this process, you’ll need to know the total issued shares and their par value – including treasury shares – and total gross assets, which are the same total assets reported on your U.S Form 1120, Schedule L. The tax rate using this method is $400 per million of your assumed par value capital OR portion of a million.

Example: Lets say your corporation has 1,000,000 shares of stock with a par value of $1, 250,000 shares of stock with a par value of $5, gross assets totaling $1,000,000, and 485,000 total issued shares.

1. Divide your total gross assets by your total issued shares carrying to 6 decimal places. The result is your “assumed par value.” EX: $1,000,000 gross assets/485,000 issued shares =$2.061856
2. Multiply your assumed par value ($2.061856) by the number of authorized shares that have a smaller value than the assumed par value you calculated. EX: Your corporation has 1,000,000 authorized shares with a par value of $1. So, you’ll need to take your assumed par value ($2.061856) and multiply it by X 1,000,000 = $2,061,856.
3. Multiply the number of authorized shares with a par value greater than your assumed par value ($2.061856) by their respective par value. EX: Your corporation has 250,000 shares with a par value of $5. So, you’ll need to multiply 250,000 by $5. This will give you $1,250,000.
4. Add the results from step two with step three. This will give you the assumed par value capital. EX: $2,061,856 + $1,250,000 = $3,311,856.
5. If your assumed par value capital is greater than 1 million, you’ll need to round up to the next million. EX: Your assumed par value is $3,311,856. So, you’ll need to round up to the next million, which is $4,000,000.
6. Now, multiply 4 (yes, just use the first number) by $400. This will give you the total franchise tax due ($1,600).

How to File Your Delaware Annual Report

The Delaware Annual Report and/or franchise tax must be filed online through the Delaware Corporations Information System.

• On the state website, you’ll need to enter your 7-digit Business Entity File Number. You can easily find your business file number by searching the Delaware Business Database.
• Then, click “Continue.” This will automatically begin the filing process.

Never worry about late fees, potential penalties, or forgetting to file. Hire Northwest Registered Agent to file your Delaware Annual Report for you!

Required Information for the Delaware Annual Report

How Our Delaware Annual Report Service Works

With Northwest’s elite Delaware annual report service (sometimes called “compliance service,”) you can trust that your business will stay compliant and in good standing, so you never have to worry about costly late fees or your company being administratively dissolved.

For $100 plus the state-mandated report fee, we’ll file your annual report. For most Delaware businesses, that’s around $200.

Run your business on your terms by adding or canceling Delaware Annual Report Service anytime.

• You can sign up for this service by itself or add it on to an existing service. Compliance service is automatically added when you hire us to provide your DE registered agent service or form your Delaware corporation, DE LLC, or Delaware nonprofit.

• Once you’ve signed up for compliance service, you’ll pay nothing up front. We’ll send you a reminder at least 90 days before the report is due, and the auto charge your saved preferred method of payment a few days later.

Annual Report Service Benefits

At Northwest, you don’t have to figure out how to opt out of exposing your personal information. That’s because we practice Privacy by Default®. We automatically minimize the exposure of your data, without being asked.

Delaware Annual Reports are public record. Any information you list on the form is easily searchable online. To counter that, we’ve designed our annual report service to protect your privacy. Instead of your own information, we’ll use:

• Our IP address, which limits the connection between your cell phone, personal computer, and work computers to make it harder for advertisers to find you.
• Our bank and credit card information.

We believe everyone has the right to keep their information private. That’s why privacy is our guiding principle when we create every service and product.