Delaware LLC: Key Data, Fees & Features
Your complete overview of $Delaware LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$110
Processing Time
1-7 days
Annual Report Fee
$300
Anonymous LLC
Yes
Publication
No
Advantages
- Low tax rates
- Business-friendly regulations
- Delaware is a popular choice for out-of-state and international business owners to form their LLCs
- Series LLCs are allowed
Disadvantages
- Annual franchise tax of $300
- Gross Receipts Tax
- Every business that operates in Delaware is required to obtain a general business license from the Division of Revenue.
- Late payment of franchise tax comes with a $200 penalty
Franchise Tax & State Requirements
LLCs must pay a $300 annual tax on or before June 1st of each year.
LLCs must pay a $300 annual tax on or before June 1st of each year. Late payment comes with a $200 penalty. There is also a Gross Receipts Tax, which is a tax on all of the goods/services you sell. The actual tax rate depends on your business activity, but it ranges anywhere from .0945% to .7468%. Protected Series LLCs pay one annual franchise tax, Registered Series LLCs pay a $75 annual fee per business.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.