I registered my LLC in Delaware last year, and someone mentioned annual reports. I’m confused about whether LLCs file annual reports or pay other fees. How do I find my deadlines, and what are the consequences if I don’t meet them?

Answer by: abdullah-al-naim
4 weeks ago
Delaware LLCs don’t file annual reports like corporations, but they must pay an annual franchise tax of $300 by March 1 each year. Missing the deadline incurs penalties and interest. Confirm your requirements with the Delaware Division of Corporations to stay compliant and avoid issues.