Delaware LLC Franchise Tax Due on or Before June 1
The State of Delaware does not require an annual report for LLCs. However, there is a LLC franchise tax that is due on or before June 1 each year. The annual LLC franchise tax is $300. If payment is made AFTER June 1, there is a late fee of $200. Interest accrues at the rate of 1.5% per month until the balance is paid off in full.