The Founder Memo • 0 implied HN points • 15 Feb 24
- Always file your Delaware Annual Franchise Tax report by March 1. If you miss it twice, your company can be canceled.
- Don't panic if you see a high tax amount on the Delaware website. Use the correct method to potentially lower it significantly.
- If you have many authorized shares, you might face high taxes. Consider your issued shares and gross assets for a better tax calculation.