Taxes for Delaware C Court corp.

Effective August 1, 2010, a domestic stock or non-stock for profit corporation incorporated in the State of Delaware is required to pay annual franchise tax. The minimum tax is $175.00, for corporations using the Authorized Shares method and a minimum tax of $350.00 for corporations using the Assumed Par Value Capital Method. The online service (likely acting as your registered agent in Delaware), probably used the default Authorized Share method to calculate the annual franchise tax. The Annual Franchise Tax assessment is based on the authorized shares. Use the method that results in the lesser tax. If you have no revenue and few assets, you should use the Assumed Par Value Capital Method to calculate the tax. Your tax should only be $350, but use the calculator available through the link below to verify the amount.