Annual Report for Delaware Corporation: A Detailed Guide (2025)

After open company in Delaware, one of the mandatory legal responsibilities when performing work US accounting tax To maintain valid status is to file an Annual Report.

Many businesses do not fully understand the process and requirements of this report, leading to late submission and unnecessary penalty fees.

In this article, we will explore in detail how to file a Delaware annual report, the requirements involved, and the consequences of non-compliance.

1. Delaware Annual Report Filing Requirements

1.1. Companies required to submit annual reports

Annual report is reports applicable to corporations incorporated in Delaware. 

Businesses such as LLCs and LPs are not required to file this report, but are still required to pay an annual operating fee (Annual Franchise Tax).

1.2. Deadline for submission of report 

For joint stock companies, the deadline for submitting annual reports is March 1st every year. Failure to comply may result in fines and suspension of operations.

1.3. Information required in the report 

The annual report includes information on the number of shares outstanding, information on directors and executive officers, and financial information if required.

2. How does GLA assist Businesses in filing Delaware annual reports?

Filing an annual report is not a complicated task, but preparing accurate and complete information and submitting the report on time is a complicated task that not all business owners remember and comply with. 

Therefore, GLA will support businesses to submit Delaware annual reports promptly, quickly, accurately, and legally with the following standard procedures:

3. Consequences of not submitting Annual Report on time

In case the US company fails to submit the report on time, the Company will be subject to Late payment penalty 200 USD + 1,5% interest per month The company then failed to file and pay annual taxes.

Foreign companies such as representative offices and branches will be fined 125 USD. In addition, all enterprises that fail to comply too many times may be forced to be administratively dissolved.

4. What is the annual tax for Delaware corporations?

Franchise Tax or annual tax is The annual tax that companies incorporated in Delaware must pay. This tax rate depends on the type of company and the number of shares issued or total assets. 

For joint stock companies, the tax rate depends on the number of shares issued. There are two methods to calculate the tax, one is by the number of shares and the other is by total assets.

The minimum is $175, and the maximum can go up to millions of dollars depending on the size and structure of the company. GLA will support businesses tCalculate the most optimal tax rate to pay using one of the two calculation methods above.

Below is a summary of the types of companies, filing dates, tax amounts, and filing requirements:

5. How does GLA support businesses in preparing and submitting annual reports to Delaware corporations?

Filing a Delaware annual report is a necessary and mandatory process to maintain the legal status of a business. 

While the process may be simple, businesses still need to ensure that all information is provided accurately and that reports are filed on time.

Global Links Asia, with experience in consulting and supporting set up company in usa Full package, will support businesses:

• State advice best suited to your company's needs and operations.
• Consulting on suitable company types, helping businesses optimize business operations.
• Assist US companies in complying with laws and annual requirements legally, accurately and efficiently.
• Support in preparing and declaring annual reports accurately and legally to avoid penalties.
• Tax and accounting services and financial reporting according to US accounting standards accurately and quickly.
• Register to open and verify a bank account with high credibility, licensed in the US.

6. Frequently Asked Questions About Annual Reports and Taxes for Delaware Corporations

Highlights

• Delaware corporations (except branch offices and representative offices) must pay annual fees.
• Corporations in Delaware must prepare annual reports and pay taxes ranging from $175 to thousands of dollars depending on the size of the company.
• Non-compliant companies will be subject to a penalty fee of $200 + 1,5% interest per month.
• GLA will support companies in the US to comply with tax and accounting laws, helping them operate effectively and sustainably at an affordable cost.