When is the Delaware franchise tax due?
Delaware franchise tax deadlines depend on your entity type.
For corporations (C-Corps and S-Corps), the annual franchise tax and annual report are due by March 1 of each year. For LLCs and limited partnerships, the annual tax of $300 is due by June 1 of each year. If you miss the deadline, Delaware charges a $200 late penalty plus 1.5 percent monthly interest on the unpaid amount. If you remain delinquent for two years, Delaware will void your entity, requiring an expensive reinstatement process. Mark these dates in your calendar immediately after formation. Many founders miss the March 1 deadline because they assume it aligns with the April 15 federal tax deadline. Lovie's compliance monitoring sends automated reminders before these deadlines.