For US business owners and LLC founders with Delaware entities, staying compliant is key. Here are quick action items: 1. Verify Your Registered Agent: Ensure your Delaware entity has a registered agent with a physical office in the state, as required by law. 2. Mark Key Deadlines: Domestic corporations face a March 1st deadline for annual reports and franchise taxes. LLCs, LPs, and GPs must pay their $300 annual tax by June 1st. Foreign corporations have a June 30th deadline for their annual report. Late filings incur penalties. 3. Consider Outsourcing: To ensure timely and accurate compliance, consider outsourcing registered-agent services and annual filings. 4. Monitor BOI Changes: As of March 26, 2025, domestic U.S. entities are exempt from FinCEN's Beneficial Ownership Information (BOI) reporting. However, certain foreign entities registered to do business in the U.S. are still considered 'reporting companies' and must meet specific filing deadlines. Stay informed on FinCEN guidance.
