Question 1: My company is registered in October 2023, do I need to complete the annual review before March 1? Do you need an annual review just after registration?
Answer: Yes, Delaware, unlike many states, does not have an annual audit, but an annual audit for a C corporation is completed before March 1 every year.
Question 2: My company is an LLC, do I need to complete the annual review before March 1st?
Answer: No, LLCs registered in Delaware need to complete the annual examination before June 1, mainly to pay Fran-Chise tax.
Question 3: What happens if the annual review is not completed on March 1?
Answer: Delaware C Company is subject to a fine of $200 per company for overdue annual audits, and is charged $1 per monthThe 5% interest rate increases with the increase in overdue time, so the annual review needs to be completed before March 1.
Question 4: What information can be changed during the annual review 3
Answer: The annual review of Delaware C Company can change the main office address, the name and position of the senior executive, and the contact address of the senior executive.
Question 5: It is said that the cost of the annual examination in Delaware is very high?
Answer: Delaware is a tax-exempt state, and the annual review fee is relatively high, and the annual review fee will be different for different companies. The calculation standard of the annual review fee is based on the number of registered shares and registered capital of the company, and the minimum fee is 225 US dollars (S175 franchisetax + S50 annual fee).
Question 6: Is it necessary to maintain the address information of the registrant during the annual examination?
Answer: If the registrant's address has expired and the registrant's address information needs to be maintained in a timely manner, Delaware** requires companies registered in Delaware to purchase the registrant's address.
Question 7: Can I modify the error found in the annual review information?
Answer: If the annual review report has been completed, if you need to modify the relevant information such as the main office address, the name of the senior executive, the position, the contact address, and the change of directors, you can submit the change of the annual review report to complete the update, which can be handled immediately, but you need to pay the ** fee.
Question 8: Can the annual review report be found on *** after completion?
Answer: No. Delaware** keeps confidential and does not disclose information such as the company's officers, addresses, and number of shares. It is recommended that the annual review documents be kept properly, and in case of special needs, you need to contact Delaware**.