Delaware law requires that all Delaware corporations file an annual report and pay any taxes and fees by March 1st of each year. Corporations who do not complete these steps risk having their charter voided for failure to comply.
By now all active Delaware corporations should have received a notification by letter, which included instructions for electronic filing of the annual report and payment of taxes due.
The Incorporators Ltd. will be closed on December 24th and 25th in celebration of the Christmas holiday. We will also be closed on January 1st for New Year's Day. All orders placed during these holidays will be processed on the next business day.
We would also like to remind you that if you need to close your business before year end, we will stop taking cancellation and dissolution orders on December 28th to ensure we can process them in time.
The Incorporators Ltd. will be closed on Monday, September 7th in honor of Labor Day. We will reopen on Tuesday, September 8th at 9am EST. Any orders placed on September 7th will be processed the next business day.
Last week the U.S. Small Business Administration opened applications for the Paycheck Protection Program (PPP), a portion of the Coronavirus Aid, Relief, and Economic Security Act (better known as the CARES Act).
The program authorizes up to $349 billion in forgivable loans to allow small businesses to maintain their payroll in the weeks and months to come.