Delaware requires that every corporation file an annual report and pay franchise tax for each year that it’s in existence, even if it only existed for a small part of the year.
It’s important to file this report and pay franchise tax before the March 1st deadline in order to keep your company in good standing in Delaware and avoid the additional costs that come with non-compliance.
The minimum tax is currently $175.00, using the Authorized Shares Method and the Minimum Tax using the Assumed Par Value Capital Method is $400.00
You can pay directly online on Delaware's website or, relax, and have doola do it for you!