What are the Delaware Incorporation Fees?
How much does it cost to incorporate in Delaware?
What are the essential elements you should know!
In this article, we will break down the notion of Delaware Incorporation Fees so you know all there is to know about it!
Keep reading as we have gathered exactly the information that you need!
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Table of Contents
Delaware Incorporation Fees
What is the incorporation cost in Delaware?
If you are looking to incorporate a company in Delaware, you should expect to pay a minimum of $89 for the incorporation of the business entity and add $100 if you want the processing same day or $50 if you want 24-hour processing.
The incorporation fee can vary based on stock.
The incorporation fees include:
- Division of Corporation fees of $50
- Filing fee tax of minimum $15
- County fee of $24
The incorporation fees will vary depending on the number of shares you have and their associated par value.
Corporate Fee Schedule
To get a clear picture of how much your Delaware corporation filing fees may amount to, you should consult the Corporate Fee Schedule published by the Division of Corporations.
In the Fee Schedule, you will have details relating to:
- Domestic corporation
- Public benefit corporation
- Qualification of a foreign corporation
When incorporating a company in Delaware, you must indicate how many shares of stock you are authorizing along with their associated par value.
Your authorized shares and par value will impact the incorporation fee (filing fees) along with the franchise tax for a Delaware corporation.
Here is how the stock fees can increase depending on how many shares you authorize:
Shares without par value
- Between 1,500 and 20,000 shares, the filing fees will increase by $0.01 per share
- Between 20,000 and 2,000,000, the filing fees will increase by $0.005 per share
Shares with par value
- Filing fee of $0.20 per $1,000 of stock up to $2,000,000
- Filing fee of $0.10 per $1,000 of stock between $2,000,000 and $20,000,000
- Filing fee of $0.04 per $1,000 of stock over $20,000,000
For example, for a company with 1,500 shares without par value, the incorporation fee will be a total of $89.
Filing Fee Calculator
The State of Delaware, Division of Corporations, has an online filing fee calculator to simplify the calculation of how much you must pay in filing fees to incorporate a new company.
There are two calculators:
You also have a Franchise Tax Calculator to estimate how much you may need to pay on March 1st of every year.
After you have incorporated your corporation, you should also expect to pay ongoing fees to maintain your business entity.
One of the fees you should plan for is the Delaware Annual Report Fees.
All corporations incorporated in Delaware are required to file an annual report.
The annual report filing fee is $50.
In addition to that, you should plan for a minimum Delaware Corporation Tax starting at $175 if you are using an Authorized Shares method or $350 if you are using an Assumed Par Value Method.
So what is the legal definition of Delaware Incorporation Fees?
Let’s look at a summary of our findings.
Delaware Incorporation Fees
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