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What is Delaware franchise tax and who has to pay it?

State tax filing

An annual fee every Delaware corporation owes to keep its entity in good standing. It is not a tax on income, so it is owed whether or not the company trades or makes a profit.

Corporations file an annual report with it, by 1 March. Miss it and the state can void the charter, which blocks financings until it is reinstated.

Inkle Tax prepares and files US federal and state returns for your company.

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