The 2019 State of Delaware Annual Franchise tax payment and filing of the annual report was due on or before March 1, 2020. Now that the deadline has passed, an automatic penalty of $200 has been assessed by the State of Delaware. This annual franchise tax is owed in order to keep your entity/company in good standing with the State of Delaware - irrespective of whether you're conducting business.
Our TaxPay service is a great help to our valued customers because not only do we make the filing on your behalf, but we double check to make sure that it is error-free and submitted on time. This helps prevent any penalties or correction fees that you would have to pay in case a mistake was committed. Our research shows that more than 20% of our customers who DO NOT use our TaxPay service, end up making mistakes on their filings.