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How much does it cost to open a Delaware company?

Leia Doyle

How much does it cost to open a Delaware company?

Cost to Form an LLC in Delaware. The cost to start a Delaware limited liability company (LLC) online is $90. This fee is paid to the Delaware Department of State when filing the LLC’s Certificate of Formation.

Can you open a company in Delaware?

Neither US citizenship nor residency are requirements for forming a Delaware LLC or Delaware corporation. You can start a business in Delaware from anywhere in the world.

How much does a Delaware LLC cost per year?

Delaware LLCs do not pay a franchise tax or file an annual report. Instead LLCs in Delaware must pay an annual tax (sometimes referred to as an Alternative Entity Tax). The tax is a flat, annual fee of $300.

How much does it cost to maintain an LLC in Delaware?

The filing fee for a domestic LLC in Delaware is $90. However, if you want your certificate of formation processed within 24 hours, you must pay an additional $50 fee. Same-day service is available for $100.

Are Delaware annual reports public?

The annual reports are electronically stored with the secretary of state’s office and the reported details cannot be viewed publicly. Therefore, it is not possible to see a filed annual report online with the state of Delaware.

Can I start an LLC in Delaware if I don’t live there?

If you form an LLC in Delaware, but you don’t live there, you’ll still run into the same situation. You’ll need to register your Delaware LLC as a foreign LLC in your home state, pay annually for a registered agent, and pay the annual reporting fees in both states every year.

How long does it take to file an LLC in Delaware?

Turnaround times: Delaware takes between three and five business days to process non-expedited filings. You can expect delays during the peak filing months of March, June and December, when filings can take as long as three to four weeks to process.

What is the Delaware Annual Report?

A Delaware annual report is a document that contains specific business information. The Delaware annual report is a form that is submitted at the time of payment of the Delaware franchise tax. The information required by a Delaware annual report is: The address of the corporation’s physical location.