If you paid $5,000 or more in franchise taxes in Delaware last year, your company will owe estimated franchise taxes paid quarterly in advance of this year's filing. Estimated taxes are calculated as a percentage of the franchise taxes paid last year.

• 40% June 1st
• 20% September 1st
• 20% December 1st
• The remainder paid along with the Franchise Tax filing by March 1st.

As an example, if your company paid $100k in franchise taxes last year, it would owe:

• $40k by June 1st
• $20k by September 1st
• $20k by December 1st
• When you complete the franchise tax filing, you'll owe whatever is calculated, less estimated tax already paid. Your franchise tax may change from year to year.

Payment can be made directly via Delaware's website, and Estimated Franchise tax amounts can always be checked in the same place. You will need your company's entity number.

Can Discern help me with this?

Discern customers can calculate and file their Delaware Franchise Taxes directly through Discern in minutes. They will also be alerted about the subsequent quarterly estimated tax payments.