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Important Notice: Delaware LLC Franchise Taxes Due June 1st

Important Notice: Delaware LLC Franchise Taxes Due June 1st

As a reminder, the 2021 Delaware LLC Franchise Tax due date is approaching.

To avoid penalty and interest, the tax must be paid by June 1, 2022.

Franchise taxes are assessed annually on every LLC entity registered in Delaware, regardless of level of business activity. Franchise tax for LLCs is a flat rate of $300 that must be paid by June 1st every year. You can learn more about why it's called a franchise tax here.

Upcoming Holiday Hours

Upcoming Holiday Hours

In preparation for the upcoming holidays, we'd like to take a moment to share with you our hours for the remainder of the calendar year. 

The Incorporators Ltd. will be closed on the following dates:

  • November 11th (Veterans Day)
  • November 25th (Thanksgiving Holiday)
  • November 26th (The day after Thanksgiving)
  • December 24th (Christmas Holiday observed)
  • December 31st (New Years observed)
delaware llc franchise taxes

LLC Franchise Taxes? But I'm Not a Franchise!

Delaware LLC's are required to pay an annual tax to the state of Delaware on or before June 1st. The tax is often referred to as "franchise tax".

Why is it called franchise tax?

This terminology confuses some, simply because our common use of the word franchise usually means a store with multiple locations. In this case, the term is used because the taxes for LLC's...

We've Moved

We've Moved

The Incorporators Ltd. is pleased to announce that we've moved to a new office space.

Our new address is:
300 Creek View Road
Suite 209
Newark, DE 19711

 

Our new larger space will accommodate our growing team so that we can continue to provide you with the unparalleled client service you've come to expect from us.

How Much are Delaware Corporate Franchise Taxes?

How Much are Delaware Corporate Franchise Taxes?

If you have a Delaware corporation or are considering forming a corporation in Delaware, annual corporate franchise taxes and report filing will be a pivotal part of maintaining corporate compliance and keeping your entity in good standing.  

Today we're answering all of the most common questions about Delaware corporate franchise taxes. 

How to Close Your Business Before Year End

How to Close Your Business Before Year End

It has been a challenging year, particularly for many small businesses. According to the US Chamber of Commerce, "Only four in 10 (40%) of all small business owners believe their business can continue to operate indefinitely without having to shut down permanently."   

If it's time to say goodbye to your business, we can help you close up shop so that you're not accruing taxes in to 2021.

nationwide corporate services

Partnership for Services in All 50 States

In January of this year we announced our strategic partnership with Universal Registered Agents. After years of working together, it was a natural fit to proceed with formalizing our partnership.

Since then, we have continued to provide exceptional customer service to our existing clients and have welcomed new clients through URA.

We are excited to announce that thanks to this partnership...
Memorial Day Holiday

Memorial Day Holiday

The Incorporators Ltd. will be closed on Monday, May 25th in observance of Memorial Day. Orders may still be placed through our website and orders will be processed on Tuesday. 

We remember and deeply appreciate the sacrifice that many men and women of our armed forces have made. They are in our hearts always but this weekend especially. 

irs tax credits coronavirus

Don't Miss Out: The New Tax Credits Your Business Needs

The IRS recently introduced two new tax credits to business owners who have been impacted by the Coronavirus pandemic. Many of our clients are small business owners who may be eligible for these tax credits so we thought we'd share the quick version of what these tax credits may mean for you.

The tax credits fall into two categories...

SBA Scams: What You Need to Know

SBA Scams: What You Need to Know

The Incorporators has recently learned of concerning reports of fraud related to the current Small Business Administration programs.

Since many of our clients will be utilizing the SBA programs during this turbulent time, we wanted to take a moment to go through some things to keep in mind as you navigate the application process.

The SBA has categorized potential fraud...
delaware corporate franchise taxes

Delaware Corporate Annual Franchise Tax Report
Due by March 1st

Delaware law requires that Delaware corporations be declared void for failure to fully complete the annual report. As a result, all Delaware domestic corporations are required to file an Annual Report and pay any taxes and fees due electronically on or before March 1st.

Every Delaware domestic corporation received notification by letter, which included instructions for electronic filing of the...

the incorporators ltd announces strategic partnership

Universal Registered Agents and The Incorporators, Ltd., Join Forces to Expand Client Services in Delaware

We have some exciting news!  The Incorporators Ltd. is pleased to announce a new strategic partnership with Universal Registered Agents.

Learn more by viewing the full press release here.