Stay compliant with Delaware's business regulations! Delaware companies, including corporations, LLCs, LPs, and GPs, have specific annual filing and tax obligations. Corporations must file an Annual Report and pay Franchise Tax by March 1st, while LLCs, LPs, and GPs pay an annual alternative entity tax of $300 by June 1st. Employers also have specific withholding, new hire reporting, and unemployment insurance requirements. Additionally, the Corporate Transparency Act (CTA), effective January 1, 2024, mandates Beneficial Ownership Information (BOI) reporting to FinCEN for many entities. Ensure you understand and meet these deadlines to avoid penalties. For a comprehensive checklist and detailed guidance, visit our blog.
