Does your LLC have employees? If so, you'll need to pay employer taxes. Some of these taxes are paid to the federal government the IRS and are not covered here. But note that federal employer tax obligations start with obtaining a federal employer identification number EIN. However, Delaware employers also must pay taxes to the state.
First, you'll need to withhold and pay employee income taxes to the DOR. Once you've registered, you'll need to file withholding taxes on a periodic basis for example monthly or quarterly. You'll also need to file an annual reconciliation of your LLC's tax withholding using some version of Form W For more information, including regarding online filings, check the DOR website.
In addition, you'll probably need to register to pay state unemployment insurance UI taxes. For more information, including regarding online filings, check the DOL website.
Delaware is one of just a few states that does not have a sales tax. However, Delaware does have a gross receipts tax, which is a tax on sellers of goods. The tax is based on a seller's gross revenues. Rates for the gross receipts tax currently range from. For more information, including how to register for and pay the tax, check the DOR website. If you will be doing business in states other than Delaware, you may need to register your LLC in some or all of those states.
Whether you're required to register will depend on the specific states involved: each state has its own rules for what constitutes doing business and whether registration is necessary. Often activities such as having a physical presence a business location in a state, hiring employees in a state, or soliciting business in a state such as by telephone, print ads, mail, or the Internet will be considered doing business for registration purposes.
Registration usually involves obtaining a certificate of authority or similar document. Sole proprietorships do not file with the Delaware Division of Corporations. Unincorporated nonprofit associations and partnerships have the option of making certain filings with the Delaware Division of Corporations.
The registered agent must have a physical street address in Delaware. You may view a list of Delaware Registered Agents on our website.
If the business is physically located in Delaware, then the business may act as its own registered agent. If the registered agent is other than the entity itself, please contact the selected Registered Agent used in your entity formation and inform them of your intentions.
This is not a requirement in order to form your entity but will guarantee that your name is held for you for a period of days. You can reserve your entity name online. Please print your confirmation page if you reserve your name online. Please Note: All transactions submitted on this site are non-refundable. You may also submit your reservation application in writing. LLCs may choose to be treated as an S corporation for tax purposes.
While this may have benefits in other respects, an LLC that elects corporation status must also pay Delaware's corporate income tax.
An S corporation is not subject to federal taxes, the way a traditional C corporation would be. Instead, the taxable income generated by an S corporation is passed to individual shareholders. Shareholders must pay federal taxes on their shares when they file their personal taxes.
Corporations and LLCs filing as S corporations must calculate the amount of tax they owe using one of two methods: authorized shares method or assumed par value capital method. Businesses pay a fee that varies depending on the amount of assumed no-par capital. This is in addition to a fee for assumed par value capital. The Delaware Division of Corporations explains how to calculate taxes using this method.
In addition to offering lower taxes compared to other states, Delaware is considered a tax shelter.
0コメント