Annual franchise tax for Delaware LLCs: due date, fee, and late penalty

Annual franchise tax

Due

June 1 every year - each tax year is paid by June 1 of the following year.

First one

First due June 1 of the year after formation, covering the formation year in full - the tax is not prorated for a partial year.

Fee

$300 through tax year 2025; $400 from tax year 2026 (first payable June 1, 2027).

Frequency

Annual

If it is late

A $200 penalty plus 1.5 percent monthly interest, with immediate loss of good standing while unpaid. If the tax goes unpaid for 3 years, the certificate of formation is cancelled.

Pay on Delaware's site