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Delaware · DE

Delaware LLC Formation Cost 2026

Filing fee $110 · Annual $300 · Privacy 7/10 · Banking 10/10

The numbers

Initial state filing fee$110
Annual report (annual)$300
Franchise / privilege taxAnnual flat tax $300
State personal income tax (top)6.6%
State corporate income tax (top)8.7%
Publication required?No
Standard processing time10 business days
Privacy score7/10
Banking accessibility10/10
5-year total cost$3,360

Why people choose Delaware

  • Court of Chancery
  • Strong corporate law
  • Anonymous members allowed
  • Universal bank acceptance

Trade-offs to know

  • $300/year franchise tax
  • Higher cost than Wyoming

Who Delaware is best for

  • VC-backed startups
  • Public companies
  • Holding companies

Most VCs and underwriters prefer Delaware C-Corps. For LLCs the $300 flat tax is the trade-off for prestige.

Authoritative sources

Delaware vs the alternatives

StateFilingRecurringState taxPrivacy
Delaware$110$600/yr6.6%7/10
Wyoming$100$62/yr0%9/10
Delaware$110$300/yr6.6%7/10

How to form an LLC in Delaware (general steps)

  1. Choose a unique name ending in "LLC" or "Limited Liability Company". Check name availability with the Delaware Secretary of State.
  2. Appoint a registered agent with a physical Delaware address.
  3. File Articles of Organization ($110) with the Delaware Secretary of State.
  4. Draft an Operating Agreement — most states do not require filing but strongly recommend having one.
  5. Obtain an EIN from the IRS (free online with SSN/ITIN).
  6. File the FinCEN BOI report within 90 days of formation (federal requirement).
  7. File the annual report ($300) by the deadline to keep the LLC in good standing.

Other commonly compared states

Frequently asked questions

How much does it cost to form an LLC in Delaware?

The state filing fee is $110. An annual report costs $300. A minimum franchise/privilege tax of $300 applies. Plus a registered agent (typically $25-$150/year).

Does Delaware have a state income tax on LLCs?

Delaware's top personal income tax rate is 6.6%. Pass-through LLC profits flow to your personal return at this rate.

What is the annual cost of maintaining a Delaware LLC?

Excluding the first-year filing fee, the recurring cost is $650 (annual report + franchise minimum + $50 registered agent baseline). Five-year total ≈ $3,360.

Can a non-resident form an LLC in Delaware?

Yes. Non-US residents can form an LLC in any state. However, banking, payment processing, and EIN acquisition vary in difficulty. Delaware has strong banking accessibility (10/10). See our non-resident guide for the full process.

Is Delaware a good state for an anonymous LLC?

Delaware's privacy score is 7/10. Some member or manager information appears on public filings. For maximum privacy, Wyoming, New Mexico, and Nevada are common choices.

Deep-dive Delaware guides

Interactive cost calculator for Delaware

LLC Cost Calculator

Estimate the real cost of forming and maintaining an LLC across 51 US jurisdictions. Includes state filing, registered agent, annual report, franchise tax, and (where applicable) publication.

Year 1 breakdown — Delaware

State filing fee $110
Registered agent (yr 1) $50
Annual report fee $300
Franchise / privilege tax (minimum) $300
Year 1 total$760
Recurring (yr 2+)$650/yr
5-year total cost$3,360

Avg. $672 / year — compares to 5-yr baseline $3,360.

What this calculator does NOT include
  • Federal BOI report (free, but mandatory)
  • EIN application (free with SSN/ITIN; some services charge $50-$300)
  • Operating Agreement drafting
  • State-level business licenses (industry-specific)
  • Local city/county fees (varies by municipality)
  • Foreign LLC registration if operating outside formation state
  • Federal and state income tax on profits

Educational estimate only. Not legal or tax advice. Verify with a licensed CPA or attorney before filing.