Delaware Business Registration
Your Delaware Company Formed By:
Starting a Business in Delaware
The Basics
Customers like you have been choosing IncorporateFast.com for years when forming a new Delaware LLC or a new Delaware corporation because of our customer service and vast filing experience. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.
Upon placement of your order, one of our knowledgeable staff reviewers will conduct a preliminary name search – noting potential conflicts within Delaware, prepare and file your articles of organization with the Delaware Secretary of State, and see that the filing gets approved with as little delay as possible. Once your articles of organization have been filed/approved by the Delaware Division of Corporations, your new legal business entity has been officially created.
Business Maintenance
Doing Business in Delaware
All Delaware Corporations and LLCs Must File:
- Certificate of Formation
File your Certificate of Incorporation or Certificate of Formation with the Delaware Secretary of State and pay the fee. - Beneficial Ownership Information Report
Nearly all businesses formed by filing with the state of Delaware must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $25. - Delaware Annual Franchise Tax Report
All Delaware business entities have to file an annual report and/or pay an annual tax. Delaware corporations pay a minimum of $175 in franchise taxes. Delaware LLCs have to pay an annual tax of $300.
Delaware Business Taxes
Individual Income Tax
Delaware Income tax rates are calculated as follows: Base + (Rate (Income – Range start).
Income: Base: Rate:
$0 – $2000 $0 .0
$2000-$5000 $0 .022
$5000-$10000 $66 .039
$10000-$20000 $261 .048
$20000-$25000 $741 .052
$25000-$60000 $1001 .0555
$60000+ $2943.50 .066
Corporate Business Tax
Delaware corporations are subject to an 8.7% corporate tax rate on federal taxable income allocated and apportioned to Delaware. Put very basically, this tax applies to business activities in Delaware.
Delaware Business License
If you want to do business in Delaware, you need to apply to the Division of Revenue for a Delaware Business License. The business license application also registers your business for the Gross Receipts Tax and Income Tax Withholding. You can complete the Combined Registration Application by mail or online.
Why do so many businesses choose Delaware?
While most businesses choose to organize in their home state, many entities choose Delaware and the state’s various benefits. First and foremost, Delaware General Corporation Law is considered by many professionals to be very flexible and business friendly. The Delaware Court of Chancery is over 200 years old and this court has provided the backbone for much of corporate case law within the United States.
