Delaware Limited Liability Company, Limited Partnership & General Partnership Franchise Tax is due June 1st, 2011
Do you own an alternative entity is the State of Delaware?
If so, remember to mark your calendars- It’s Franchise Tax Season again!
Limited Partnerships, Limited Liability Companies and General Partnerships formed in the State of Delaware
Although Limited Liability Companies formed in the State of Delaware (including series LLC’s), LP’s and GP’s do not file an Annual Report, they are required to pay an annual tax of $250.00. If your entity has not filed a cancellation or merger with the State during the calendar year (2010), then you are required to pay the $250.00 annual Franchise Tax.
Franchise tax coupons have already been mailed by the Delaware Secretary of State. If you act as your own registered agent within the State of Delaware, then that report would have been mailed directly to you. Otherwise, it would have been sent to your Delaware Registered Agent and they should have forwarded it to you and/or contacted you about it.
Information on Franchise Taxes is available on the Delaware Division of Corporations website.
How do you pay your Delaware LLC franchise tax?
The State wants you to submit your payment online. However, there are options:
• Pay and file Delaware Franchise Tax by mail.
Checks should be made payable to The Delaware Secretary of State and mailed with the original invoice/payment coupon to:
DELAWARE DIVISION OF CORPORATIONS
P.O. BOX 11728
NEWARK NJ 07101-4728
For overnight deliveries the address is:
STATE OF DELAWARE, DIVISION OF CORPORATIONS
365 West Passiac St., 5th Fl.
Rochelle Park, NJ 07662
• Pay and file Delaware Franchise Tax electronically online at the Delaware Division of Corporations Payment Gateway
You’ll need to know your company file number to login, and can look that up online.
• A Delaware Registered Agent may provide assistance to you for a fee.
Remember, ALL LIMITED LIABILITY COMPANY and alt entity franchise tax payments are due in the hands of the Division of Corporations before JUNE 1st! Failure to file the tax payment by the due date will result in a $200 State assessed penalty and 1.5% interest, per month (yikes!).
Need more info?
Check out these frequently asked Delaware Franchise Tax Questions.
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