
Delaware Section 502 Principal Place of Business Compliance
August 1, 2023
Corp1 Ribbon Cutting: Greater Cheyenne Chamber of Commerce Event on August 10, 2023
August 7, 2023Effective August 1, 2023, the State of Delaware Division of Corporations will implement a fee increase for Limited Liability Companies (LLCs) and Corporations. This decision comes following the enactment of Delaware State Bill 110, which seeks to strengthen and bolster the state’s business infrastructure.
Under the revised fee structure, the new filing fee for LLCs will be $110.00, a $20.00 increase from the previous amount of $90.00. Similarly, Corporations will experience a minimum fee adjustment from $89.00 to $109.00. Please note that this fee increase does not affect the fees for Limited Partnerships (LPs); their fee structure remains unaffected.
Delaware, often regarded as a premier business-friendly state, is committed to providing efficient and top-notch services to businesses operating within its jurisdiction. The revenue generated from these fee adjustments will support various initiatives aimed at enhancing the overall business climate and facilitating seamless operations for the Division of Corporations.
Corp1 is ready to assist clients in navigating these changes. Our experienced team is available at orders@corp1.com or 302-736-3466 to address any questions or concerns you may have regarding the fee increase or any other matters related to conducting business in Delaware.