For Delaware corporations, Annual Reports and Franchise Tax for 2012 were due on March 01, 2013. If you missed the filing deadline, the entity is now delinquent according to the Delaware Division of Corporations. Luckily, Delaware makes it easy to change that status with just a couple of steps and a credit card. Here’s what you can do if you’ve missed the Delaware annual report franchise tax deadline.
First, locate the Business Entity File Number. The number can be looked up by entity name by going to the General Information Name Search on the Delaware website https://delecorp.delaware.gov/tin/GINameSearch.jsp?frmFileNumber=
Then, log on to file the annual report and determine tax due. The Delaware online system will calculate the tax and will even prorate if stock amendments were filed earlier in the year. Don’t waste time trying to calculate it yourself. The online system calculates what is owed including the $125 and 1.5% monthly penalty for filing after March 1, 2013. (Online system is available from 8am to 11:45pm Eastern)
Upon completion the entity’s status will move out of delinquency and a Good Standing can be issued.
Mark your calendar for these other important Delaware dates!
June 1st – Limited Liability Companies, Limited Partnerships and General Partnerships must pay a $250 annual tax. These entity types do not file an Annual Report like Corporations must in Delaware.
June 30th – Foreign Corporations Annual Report and Annual tax are due. Notices are mailed to Registered Agent on record in March.