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Delaware Annual Report Online Tool Kit
Frequently Asked Questions

Why should I file my annual report online?

It's official! Delaware will require 2007 annual franchise tax reports to be filed electronically. Be prepared.
No other registered agent offers an e-filing process this simple -- and this technologically advanced -- for filing your Delaware Annual Tax Reports. Whether you manage a few entities or a few hundred, you'll save time on filing. You can say "goodbye" to the piles of forms cluttering your office. There will be no more checks to request, no more critical and costly last-minute mailings, and a lot fewer late nights. Plus, by filing your annual report online, you can avoid costly interest and penalty fees as the March 1st deadline nears. All your filings are delivered electronically to the State of Delaware in seconds! If you are a first time Delaware E-filing user, it will be even easier to file next year because CSC's proprietary system remembers your information and automatically sets you up for filing for 2007 and every subsequent tax year after. CSC's e-filing gives you:

  • The ability to consolidate multiple filings and payments with the click of your mouse
  • E-mail acknowledgement confirming state filing acceptance within 24 hours
  • Instant access to all your Delaware companies and their current status
   
Where is my annual report? Where and when did you send it?

Beginning with the 2006 Delaware Tax Year, Delaware will no longer automatically send franchise reports for domestic corporations. In place of the reports, CSC will provide instructions prior to January 15, 2007 on how to file your annual reports and pay your franchise tax.
   
My company was formed in the beginning of December. Do I have to file a 2006 Annual Report?

All domestic corporations, incorporated on or before December 31, 2006 must file a 2006 annual report and pay the appropriate franchise tax. Corporations formed after December 5, 2006 will receive instructions on how to file their annual report prior to January 15, 2007.
   
Are you, as my registered agent, responsible for filing this report for me? What services do you provide as registered agent?
   
As your registered agent, CSC is responsible for receiving and forwarding to you all legal documents and tax materials received as registered agent on behalf of your corporation. It is the responsibility of the corporation to file their annual report with the State of Delaware.
   
When is the report due and what are the penalties for filing late?

The 2006 Annual Franchise Tax Report must be received (not postmarked) by March 1, 2007. A penalty of $100 plus interest in the amount of 1.5% per month on any unpaid balance is assessed by the State of Delaware. When you use CSC's Delaware E-filing, you will receive an email confirming acceptance of filings. In addition, online status reports are available.
   
Do I have to fill in all of the information requested on the report? Does the report have to have an original signature?

Delaware Law requires that all information including officers, directors, principal place of business outside of Delaware, and nature of business be completed on the annual report. The State of Delaware will accept a conformed signature of the annual report.
   
The information reflected in DE E-filing does not reflect my correct corporate name or stock. Can I still file this report?

The State of Delaware requires that an amendment be filed with the Secretary of State of Delaware to amend corporate names and stock. The filing of the annual report will not amend your name or stock. If you have changed your corporate name or your stock and have not filed an amendment with the State of Delaware, you must file the annual report you have received. Please contact CSC for assistance in filing a Certificate of Amendment to reflect your name or stock change.

If you filed an amendment prior to January 1, 2007 and the change is not reflected on the annual report, it is acceptable to file the report as received. If you would prefer to file a form with the updated information, please contact CSC for an annual report reprint.
   
Can you help me recalculate my franchise tax using the alternative method?

Click the Alternative Tax Calculator to your left to automatically compute your alternative tax. The calculator will compute your tax based on the alternative "assumed par value method". It also allows you to input calculations based on the "authorized share method" currently used by the State of Delaware and the Regulated Investment Company method.
   
I paid on the alternate method last year but my report is reflecting a higher tax than I paid last year. Why?

The alternate method of tax payment is based on your issues shares and assets. The State issues the reports based on authorized shares even if you used the alternate method last year. You will need to complete the issued shares, assets, and asset date for each period of stock if you wish to recalculate your tax for the current filing year.
   
Do the issued shares and assets need to be completed?

If you are using the alternate method for calculating your tax, the issued share, assets and asset date must be completed. If there are no assets and/or issued shares, you must enter a zero.