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Delaware to Increase LLC Fees

Now, alas, there are twice as many reasons to File the DE Franchise Tax on time.  Delaware is set to increase its LLC fees, including the Franchise Tax Late Penalty (along with sundry other corporation services, such as Certified Copies, Amendments, and Cancellations).  The fee is to increase from its present $100 figure, to $200.  This spike in fees is scheduled to take effect as of August 1, 2009, as described by House Substitute No. 1 for House Bill No. 267, which has been passed into law by the Delaware Legislature.

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This entry was posted on Monday, July 13th, 2009 at 1:14 pm and is filed under Announcements. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Delaware to Increase LLC Fees”

  1. James Young Says:
    July 14th, 2009 at 10:17 am

    Wondering if you could clear something up for me: if I’m late this year (’09), will my late fee that was $100 go up to $200 in August? If so, that’s a huge late fee!
    Thank you for the help and information.

  2. Jonathan Charles Wright Says:
    July 14th, 2009 at 11:09 am

    Hi James,

    Happily, no. This fee increase will not be “retroactive”. So, all and only the fees that will be _imposed_ after August 1 will reflect this fee increase. I guess the moral then is, if you are planning on Canceling or Amending an entity in DE, or requesting Certified documents, better do it quick!

    Thanks for the comment,
    Jon

  3. James Young Says:
    July 15th, 2009 at 10:52 am

    Thank you!

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