My Delaware corporation was voided, what do i have to do? What are the risks?
Hello,
I started a company that never made it and never had any revenue. However, regardless of revenue one must file a franchise tax. For financial reasons, I couldn't even pay the $125 or so required. It's been two years since i haven't paid and today just to see how much i owed i logged into pay on the DE website but it gave me an error message "* W0006Inactive Corp ", which means corp is voided.
Now, we never had employees and i never paid myself so i never had to do payroll taxes. So only thing i owe is the franchise tax. I don't want to reactivate the corp but as a honest person i want to pay up what i owe.
Are there any risks? state lawsuits? further penalties upon non-payment?
Also, do i have to dissolve the corp?
