Every domestic or foreign corporation doing business in Delaware, not specifically exempt under Section 1902(b), Title 30, Delaware Code, is required to file a corporate income tax return (Form 1100 or Form 1100EZ) regardless of the amount, if any, of its gross income or its taxable income.

Does Delaware have state corporate tax?

Corporate Income Tax Rate: 8.7% of federal taxable income allocated and apportioned to Delaware based on an equally weighted three-factor method of apportionment. The factors are property, wages and sales in Delaware as a ratio of property, wages and sales everywhere.

Why do LLCs file in Delaware?

Delaware LLCs provide liability protection for owners. When you own a business structured as a properly formed LLC, even if someone wins a judgment against your LLC, the liabilities are enforced against the LLC’s property, not your personal property.

How much does it cost to start a Delaware corporation?

Delaware Incorporation Fees The state fee to incorporate in Delaware is a minimum of $89. This includes your Division of Corporation fees ($50), filing fee tax ($15 minimum), and the county fee ($24).

Do Delaware companies pay tax?

If you form a corporation in Delaware, you must file Corporate Income Tax with the Delaware Division of Revenue at a rate of 8.7% of federal taxable income allocated and apportioned to Delaware, based on an equally weighted three-factor method of apportionment.

Can a Delaware corporation file a federal tax return?

A. Yes. Delaware requires every corporation filing a Delaware corporate income tax return to attach a completed copy of a pro forma federal tax return, including all schedules and attachments. The forms can be found at

Do you need a name for a Delaware corporation?

Your Delaware corporation needs a name. Corporate names must meet certain standards. Each corporate name must be unique and may not match the name of any other corporation on file with the State.

Why do companies want to incorporate in Delaware?

Why Incorporate in Delaware? More than one million business entities take advantage of Delaware’s complete package of incorporation services, including modern and flexible corporate laws, our highly-respected Judiciary and legal community, a business-friendly government, and the customer-service-oriented staff of the Division of Corporations.

Who is a financial professional for a Delaware corporation?

Eric Estevez is financial professional for a large multinational corporation. His experience is relevant to both business and personal financial topics. What Is a Delaware Corporation? A Delaware corporation is a company that is legally registered in the state of Delaware but may conduct business in any state.