What is the cost to file the Wyoming annual report?
- WY Corporations, PCs, LLCs, LLPs, LPs and GPs, domestic and foreign, typically pay $50. The annual fee is based on assets located in Wyoming. A license tax worksheet is included as part of the Wyoming annual report. The tax is either $50 minimum or $.0002 per dollar of business assets, whichever is greater. Businesses with $250,000 of Wyoming assets or less pay the $50 minimum fee. Wyoming adds a $2 credit card convenience fee for online filing.
- Wyoming Nonprofits pay a $25 annual report fee.
- Wyoming Statutory Trusts pay a $100 annual report fee.
What are the annual filing cost of a corporation in Delaware?
All corporations incorporated in the State of Delaware are required to file an Annual Report and to pay a franchise tax. Exempt domestic corporations do not pay a tax but must file an Annual Report. The filing fee for filing an Annual Report or Amended Annual Report for exempt domestic corporations is $25. For an Annual Report or Amended Annual Report for non-exempt domestic corporations the filing fee is $50. Taxes and Annual Reports are to be received no later than March 1st of each year. The minimum tax is $175.00, for corporations using the Authorized Shares method and a minimum tax of $400.00 for corporations using the Assumed Par Value Capital Method. All corporations using either method will have a maximum tax of $200,000.00, unless it has been identified as a Large Corporate Filer then their tax will be $250,000.00. This new increase will have a retroactive effective date of January 1, 2017 and will be collected on the 4th quarter payment. Taxpayers owing $5,000.00 or more pay estimated taxes in quarterly installments with 40% due June 1, 20% due by September 1, 20% due by December 1, and the remainder due March 1. The penalty for not filing a completed Annual Report on or before March 1st is $200.00 Interest at 1.5% per month is applied to any unpaid tax balance.
Notification of Annual Report and Franchise Taxes due are sent to all Delaware Registered Agents in December of each year. Delaware has mandated electronic filing of domestic corporations Annual Reports.
Although Limited Partnerships, Limited Liability Companies and General Partnerships formed in the State of Delaware do not file an Annual Report, they are required to pay an annual tax of $300.00. Taxes for these entities are due on or before June 1st of each year. Penalty for non-payment or late payment is $200.00. Interest accrues on the tax and penalty at the rate of 1.5% per month. Delaware corporation income tax is assessed at a flat 8.7% of taxable income derived from Delaware. (By comparison, the state’s personal income tax rate varies zero for nominal personal income to a highest rate of 6.6%.) Delaware LLCs, limited partnerships, and general partnerships are required to pay an annual tax of $300..