Small Business Reading Room


Monday, November 10, 2014

Year end information regarding your Delaware Company



We hope that the current year has been a success for you and your business. Delaware Intercorp, Inc. values the opportunity to serve as your registered agent, and we want to continue to work with you in order to maintain your entity within the State of Delaware.
   
This message will provide you with important year end information, including up-to-date details regarding the changes to Delaware's annual franchise tax requirement, effective January 1, 2014.   
  
Whether you have a Delaware corporation or a Delaware limited liability company, we can assist you!  
CORPORATIONS

The 2014 Delaware Corporate Franchise Tax and Annual Report are due by MARCH 1, 2015.

Paper copies WILL NOT be mailed. Your 2014 Delaware Annual Report and Tax notification, with instructions about making your annual report and tax filing, will be sent via electronic mail to the email address of record.

The minimum tax for corporations using the Authorized Shares Method has increased to $175.  The minimum tax for corporations using the Assumed Par Value Capital Method is unchanged at $350.
     
Electronic filing of your Annual Report and Tax is mandatory for corporations in Delaware.  Failure to file a fully completed report, including the names and addresses of officers and directors, and remit the proper payment on or before MARCH 1, 2015, will result in penalty and/or interest charges being assessed by the State of Delaware. Additionally, it will prevent the company from obtaining a certificate of good standing and will ultimately result in the State revoking your charter.

LP/LLC/GP 

The 2014 Delaware LP/LLC/GP Franchise Tax is due by JUNE 1, 2015.

The alternative entity tax was increased to $300 in 2014.  Any entity which fails to submit the total tax amount due by the June 1, 2015 filing deadline will be assessed a late penalty and/or interest charges by the State of Delaware.

Limited Partnerships, Limited Liability Companies and General Partnerships are not required to file an annual report but are still responsible to pay the franchise tax.
You will receive an additional notification from us alerting you as to when it is time to file your annual report and/or pay your franchise tax. 

  
ATTENTION: If you are terminating your company, Delaware requires a filing to be made with the Division of Corporations to officially cancel or dissolve your company in the State of Delaware.  The 2014 tax will still be due at the point of terminating the company, however, you'll avoid being assessed the 2015 tax if you officially terminate the company with the Delaware Division of Corporations by December 31, 2014.  Why not let us help you have the assurance your company is officially closed in Delaware? We will do so quickly and professionally. Contact us so that we can help you to close your company in Delaware.


HOW TO PAY: Online payment will be available after January 1 for Corporations and after March 1 for LLCs, once the tax has been assessed. The form used to file your franchise tax report will be available on our website. Login using your email address of record and password, then select Pay Franchise Tax/ EZ File.

Delaware Intercorp, Inc. is working towards converting to an electronic mail delivery format for all notifications and invoices.  As we approach the conversion to electronic delivery, we will provide further information to the authorized email contact of record.  For this reason, communicating with us is important to ensure your contact information is accurate.  If you need to change your mailing address or email address of record, please inform us at contact@delawareintercorp.com.  You will be notified by email if a follow-up written confirmation is required.

As your registered agent, it is our goal to provide you with the best service for the best value. If you have other Delaware companies that you would like to change to our service, we will pay the State filing fee for the certificate of change of agent.   Contact us to find out how having all of your entities under the management of Delaware Intercorp, Inc. can make corporate compliance easy!
As always, we are here if you have any questions or matters that we can assist you with.

Thank you for choosing Delaware Intercorp, Inc.

Sincerely, 

 
Russell P. Rozanski,  President

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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

Toll Free - USA only - 888.324.1817
International: (1) 302.266.9367
FAX: 302.266.9940
Email: info@delawareintercorp.com