I also agree to section 502b of the delaware state code which states, if any officer or director of a corporation required to make an annual franchise tax report to the secretary of state shall knowingly make any false statement in the report, such officer or director shall be guilty of perjury. Annual franchise tax reports the annual franchise tax report is due may 15. Delaware annual report instructions for easy filing. If may 15 falls on a weekend or holiday, the due date will be the next business day. Annual reports of the office of the state bank commissioner 2018 annual report pdf 2017 annual report pdf 2016 annual report pdf 2015 annual report pdf 2014 annual report pdf 20 annual report pdf 2012 annual report pdf 2011 annual report pdf 2010 annual report pdf 2009 annual report pdf short term consumer. Annual report and tax information state of delaware.
The delaware annual report and franchise tax is due on march 1 for all domestic corporations. All corporations incorporated in the state of delaware are required to file an annual franchise tax report and to pay a franchise tax. If you own a domestic delaware corporation, you must also determine your franchise tax. Delaware alternative entity tax annual franchise tax report annual report learn when and how to file a report in delaware annual and biennial reports are entity information updates typically filed with the secretary of state. Delaware state systemic improvement plan ssip phase lll final 2019. The annual report is due to the state on march 1st of each year. Instructions for the preparation of this report are found in regulation 1103. Learn about the delaware franchise tax and filing the annual report for. If delaware is the home state of the insured, and if any part of the risk exposure is located within delaware, this report must be completed and submitted by the insured for any insurance purchased from a nonadmitted insurer without the involvement of a surplus lines broker, and tax of 3% must be paid to delaware on the entire policy.
Religious and charitable nonstock corporations are exempt from the tax but must file an annual report. The state bank commissioner is responsible for collecting the bank franchise tax. Some states report using both the economic and physical presence tests, and in some states, there are no written, public interpretations of their test at all. State of delaware office of pensions mcardle building, 860 silver lake blvd. Or you can go directly to the delaware secretary of state franchise tax calculators here. Delaware department of state accepts check or credit card payments. Determine your companys due date and fees these vary by entity type. Annual report and tax instructions state of delaware. Exempt domestic corporations do not pay a tax but must file an annual report. This page contains information on filing annual reports, receiving annual reports and paying franchise taxes.
Annual report and tax instructions division of corporations state. Find information about state government, programs, and services. Penalty and interest will be due for reports if the united states postal. The completed report is to be filed in the office of the state bank commissioner on or before march 1 of the current year. Stock shares or last minute changes in directors can happen without an officers knowledge. Delaware law requires companies incorporated in delaware to pay annual delaware franchise tax, which are essentially privilege fees, to keep a company in good standing. While other browsers and viewers may open these files, they may not function as intended unless you download and install the latest version of adobe reader 2020 texas franchise tax report information and instructions pdf. This type of company does not pay the annual tax but must file and pay the annual report fee. A nonstocknonprofit company is considered exempt with the state of delaware. Learn about delaware annual report due dates, fees, requirements. Operations and funds management division state treasurer. The state of delaware requires corporations to pay.
Weve covered the basics pertaining to filing a delaware corporation annual report and. Title 5, delaware code, chapter 11, sections 11011115 provide statutory basis for banks, trust companies, resulting branches in this state of outofstate banks and federal savings banks not headquartered in this state but maintaining branches in this state. Foreign corporations must file an annual report with the delaware secretary of state on or. Delaware annual report and franchise tax harbor compliance. Delaware vital statistics annual report 2017 printerfriendly version delaware vital statistics annual report 2017 full version delaware vital statistics executive summary report 2017. Delaware annual report and franchise tax domestic corporations can only. The annual form, accompanied by copies of forms w2, is due on or before the last day of january of the following. I also agree to section 502b of the delaware state code which states, if any officer or director of a corporation required to make an annual franchise tax report. Where can i find the delaware franchise tax calculators. The office of the state treasurer does not manage any pension funds. All corporations incorporated in the state of delaware are required to file an annual report and to pay a franchise tax. The total cost of the franchise tax is comprised of an annual report fee and the actual tax due.
The annual reports are filed and stored with the delaware secretary of states office. There is no delaware annual report to be filed for. A captive that is a delaware corporation does not pay franchise taxes, but the. The premium tax and fees section is responsible for the tax regulation of all insurance companies, whether admitted or nonadmitted, that are authorized, approved, or registered to transact business in the state of delaware. To file your delaware annual report andor pay your franchise tax, youll need to. Annual report and tax information division of corporations state. The annual form, accompanied by copies of forms w2, is due on or before the last day of january of the following year, or on or before the 30th day from the date on which the. If you dont already have this utility, you can download a free copy from adobes web site by clicking on the acrobat reader icon, below. Delaware llcs do not have to file an annual report like. For information on publiclyavailable investment plans, such as able or 529 education savings, please refer to the contributions and plans management page. Alctax report of wines, cider, spirits and beer sales. Title 5, delaware code, chapter 11, sections 11011115 provide statutory basis for banks, trust companies, resulting branches in this state of out of state banks and federal savings banks not headquartered in this state but maintaining branches in this state.
If incorporated in delaware, corporations must pay in addition to gross receipts tax an annual franchise tax to the delaware division of corporations. Final franchise tax reports before getting a certificate of account status to terminate, convert, merge or withdraw registration with the texas secretary of state. Delaware llcs do not file an annual report with the secretary of state. Banks and certain other financial institutions pay a franchise tax to the bank. Filing a delaware annual report is a simple process. In the case of a corporation, a simple annual report listing the directors must also be filed online to keep a corporation in good standing. Office of pensions state of delaware health fund reports. You can find more comprehensive information about franchise tax rates, how to calculate delaware franchise tax, and tax calculators here.
In the event that a corporation would otherwise qualify as a large corporate filer but has no filed annual report with the united states securities and. This report shall be completed by all banking organizations other than resulting branches in this state of outofstate banks, as defined in 1101a of title 5 of the delaware code and trust companies and submitted to the office of the state bank commissioner on or before january 30. Delaware corporations are not required to provide in their annual report filed with the division of corporations the names of shareholders and all officers. Pay and file your annual delaware franchise tax obligations electronically with the delaware annual report filing system. Even something as simple as a change in officers address. Franchise taxes division of revenue state of delaware. The economic contributions of the captive insurance industry in delaware. Pdf document format under the links section, you must have adobes acrobat reader installed on your computer. If you are unable to file using webfile, use our downloadable.
Corporate annual report information and franchise tax fees. Delaware annual report filing system cogency global. Domestic delaware corporations have a franchise tax and annual report due. Delaware llc annual franchise tax stepbystep instructions. Delaware business incorporators can also assist you with paying your delaware franchise tax. Llcs are not required to file an annual report and llc tax payments are due to the state on june 1st of each year. Companies incorporated in another state, but doing business in delaware, must also register with the secretary of state. Choose to view the in another tab or to download the pdf. However, foreign corporations corporations formed in another state or jurisdiction cannot file online. Foreign corporations must file an annual report with the delaware secretary of state on or before june 30 each year. The delaware division of corporations will require all annual franchise tax reports and alternative entity taxes to be filed electronically. Both the annual report and the annual franchise tax are due by march 1st of each year.
You can print it out and mail or fax it into the state of delaware with the payment. View andor download pdf acknowledgement copies for each of your delaware. If incorporated in another state but doing business in delaware, corporations must register with the delaware. The state of delaware only requires the filing of an annual withholding tax reconciliation form, form w3. On the state website, go to the dcisecorp login page enter your 7 digit business entity file number. The annual registered agent fee is paid to harvard business services, inc. Tax reporting is a particularly frantic duty for corporations whose information is acquired off site, and many of these corporations are registered in delaware.
Delaware franchise tax and annual report filing instructions what is the cost of the delaware franchise tax and annual report. Please enter your business entity file number below to start filing your annual report or pay taxes. To file your delaware annual report andor pay your franchise tax, youll need to complete the following steps. Whether or not a business must pay a franchise tax to a state in which it does business can cause some confusion. Delaware state systemic improvement plan ssip phase lll year two 2018. Paying the annual franchise tax in no way implies that your company operates as a franchise, nor does it affect the income generated by the company or any. Quarterly reconciliations are neither required nor accepted. The delaware annual report should be filed in conjunction with the delaware franchise tax payment.
The franchise tax fee is based on the corporations number of authorized shares. The office of the state bank commissioner provides regular revenue and refund estimates to the delaware. Franchise tax is the fee imposed by the state of delaware for the right or privilege to. Please visit the office of pensions website for pension investment information. Weve covered the basics pertaining to filing a delaware corporation annual report and paying delaware franchise taxes. A delaware annual franchise tax is charged by the state of delaware. Its purpose is to make sure your company maintains a good standing. Schedule of franchise tax delaware corporations llc. Pay and file your annual delaware franchise tax obligations electronically.
If this happens to be the first blog youre seeing in the series, click here to start from the beginning. Delaware alternative entity tax annual franchise tax. Business tax forms division of revenue state of delaware. Pdf reports, designed to work with the free adobe reader. Delaware health and social services state of delaware. Delaware franchise tax instructions for easy filing. In response to the national emergency, and following irs guidance to protect our employees, delaware taxpayers, our partners and the community, we have temporarily closed all public service offices and discontinued facetoface service throughout the state until further notice. The state will send reminder notifications by mail to your llcs registered agent. How to pay delaware franchise tax delaware annual report. Link to delaware health statistics center main page some of the files available on this page are in microsoft excel format which requires microsoft excel or. The annual franchise tax is imposed by the state of delaware. In the event that a corporation would otherwise qualify as a large corporate filer but has no filed annual report with the united states securities and exchange commission or any similar foreign agency, and. Franchise tax report forms annual report forms choose to file online by clicking the online link and proceed to file electronically which is payable by credit card or ach.
How to amend a delaware annual franchise tax report. Comprehensive annual financial reports presented by the board of pension trustees. If the filing type is not available online or if you prefer to mail or deliver your filing, click pdf to print a copy, complete the form, attach payment and mail or. The delaware corporations division requires all annual reports and franchise taxes to be submitted online. Office of pensions state of delaware financial reports. For information on publiclyavailable investment plans, such as able or 529 education savings, please refer.
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