Our standard incorporation
includes 1500 shares of no-par stock. This represents
the maximum number of shares which may be issued for the
minimum filing tax of $15 USD. If you want par-value stock
or you want more than 1500 shares, you can use this page
to calculate the additional filing tax as well as the
impact on your annual franchise tax.
Filing Tax: The minimum tax is
$15 USD.
You may use the State of Delaware's Tax
Calculator for estimating your taxes.
(Requires Microsoft Excel)
No-Par Stock:
-1 cent per share up to and
including 20,000 shares
-.5 cent per share in excess of 20,000 up to and
including 2,000,000
shares
-2/5 cent per share in excess of 2,000,000 shares
Par-Value Stock:
-Each $100 of authorized
capital stock shall be counted as 1 taxable share.
-2 cents for each taxable share up to and including
20,000 shares
-1 cent for each taxable share up to and including
200,000 shares
-2/5 cent for each taxable share in excess of 200,000
shares
Franchise Tax:
The minimum franchise tax is
$35 USD plus a $25 USD filing fee to file the report.
Not-for-profit companies which do not have capital stock
pay only the filing fee. The maximum tax is $150,000.
Corporations pay the lesser of:
-Where the authorized capital stock does not exceed 3,000 shares,
$30 USD
-Where the authorized capital stock exceeds 3,000 shares but does not
exceed 5,000, $50 USD
-Where the authorized capital stock exceeds 5,000 shares but does not
exceed 10,000, $90 USD
-The further sum of $50 USD for each 10,000 shares or any part thereof;
OR
-$30 USD where the assumed no-par capital does not exceed $300,000
-$50 USD where the assumed no-par capital exceeds $300,000 but does
not exceed $500,000
-$90 USD where the assumed no-par capital exceeds $500,000 but does
not exceed $1,000,000
-The further sum of $50 USD for each $1,000,000 or part thereof of assumed
no-par capital
For the purpose of this paragraph assumed no-par capital is calculated by multiplying the number of authorized shares of capital stock without par value by $100.
To the tax attributable to the corporation's no-par capital, add $200 for each $1,000,000 or fraction thereof in excess of $1,000,000 found by multiplying the number of authorized shares of capital stock having par value by dividing the total assets of the corporation shown on its Federal tax return by the total number of issued shares of all classes.
If the result is less than the par value, then the number of authorized shares shall be multiplied by the par value. If one class exceeds the par value and another is less than par value, the results are netted out. If the assumed par value is less than $1,000,000, the tax shall be the amount that bears the same relation to $200 that the amount of the assumed par value bears to $1,000,000.
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