For the 2023 tax year Delaware Corporation Annual Reports and franchise taxes for all domestic corporations were due by March 1, 2024


What happens if I missed the March 1st deadline?

Reports that were not filed by March 1st will result in the Delaware Division of Corporations assessing a $200 penalty in addition to the tax and annual report fee, plus interest at 1.5% per month applied to any unpaid tax balance.

Also, it is important to note that Delaware will not issue Good Standing Certificates for corporations that have not met the annual report filing requirements.

Finally, keep in mind that Delaware requires the annual report(s) to be filed prior to all dissolution and merger filings. We have seen this cause many problems as clients overlook or are unaware of this requirement and it ends up causing frustration when time-sensitive filings are delayed for this reason.


What now? Don’t despair…Cogency Global can help!

If you have missed the March 1st deadline, don’t despair! Cogency Global can help return your entity to good standing as quickly as possible thereby minimizing your frustration as well as the substantial penalties and interest that will continue to accrue if you don’t file.

Contact your COGENCY GLOBAL service specialist or send an e-mail to entitycentral@cogencyglobal.com. Cogency Global will make returning your entity to good standing status our top priority!