Delaware LLC dissolution: the actual cost
- Articles of dissolution filing fee: typically $0–$50 in Delaware (Secretary of State).
- Final annual report: $300 if your final period is open at filing.
- Tax clearance / final return: Delaware's $300 minimum franchise/privilege tax applies for the final partial year.
- Federal final 1065 / 1120-S: $0 to file yourself, $400-$1,500 if you use a CPA.
- BOI close-out (FinCEN): Free, but you must file within 30 days of dissolution.
- Bank account closure: Free, but cleared funds and pending charges add 1-3 weeks.
Timeline
- Member vote / written consent (Day 0).
- Wind-up: pay creditors, distribute remaining assets (Day 0-30).
- File Articles of Dissolution with the Delaware Secretary of State.
- Final state and federal tax returns (next tax deadline).
- Close EIN with IRS (letter only).
- FinCEN BOI close-out filing within 30 days.
The mistake that costs money
Many owners simply "stop filing" instead of formally dissolving. Delaware will continue charging the $300 annual report fee plus late penalties indefinitely until the LLC is formally dissolved or administratively cancelled. Formal dissolution always wins.