Remind HN: Delaware Franchise Tax due March 1st 2011

If you own a Delaware C Corporation, March 1st is the deadline to file the 2010 Delaware Annual Franchise Tax with the Delaware Division of Corporations.

" For Corporations, failure to file and/or pay an annual franchise tax report by March 1st will result in a $125 late penalty imposed by the State of Delaware. For LLCs/LPs, failure to pay the annual franchise tax by June 1st will result in a $200 late penalty imposed by the State of Delaware. Interest is also added each month and if the tax and penalties remain unpaid, the company will be voided by the Secretary of State. "