Delaware Corporation Dissolution & Franchise Tax Wind-Down Cost Calculator
Closing a Delaware startup or inactive LLC? Under Delaware law, an entity cannot dissolve until all franchise taxes for the current calendar year are paid in full. Calculate the total cost to formally dissolve and terminate recurring annual tax liabilities.
Company Status
Required Dissolution Steps:
- Requires board of directors resolution and approval by majority of voting stockholders.
- All franchise taxes up to the current date of dissolution must be paid in full.
- Must file annual report for final tax year.
- Must notify known creditors and publish dissolution notice.
- File final IRS Form 1120 or Form 1065 marked "Final Return".
- Close business bank accounts (Mercury, Brex, SVB, Chase) after paying final state fees.
Need Help Filing Your Delaware Annual Report?
Avoid costly miscalculations, late penalties ($200 + 1.5% interest), or loss of Good Standing with verified partners.
Northwest Registered Agent
Delaware Registered Agent & Annual Report FilingTop privacy-first registered agent in Delaware. They can handle your annual report filing directly with the Division of Corporations, ensuring you use the Assumed Par Value method.
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Firstbase Agent & Tax
Automated Startup Compliance HubComplete automated state compliance and Delaware annual report management for venture-backed founders and global remote companies.
- Automated Franchise Tax calculation
- Maintains Certificate of Good Standing
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Doola Total Compliance
Bookkeeping, IRS & Delaware FilingsIdeal for international and US founders. Doola pairs you with dedicated CPAs to handle your IRS Form 1120 and Delaware franchise tax filing simultaneously.
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- Extracts Form 1120 Sched. L Gross Assets
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