Delaware  |  Business Law

Legal Question

Asked on: 2/28/13, 11:50 am

what is happen if i dont pay tax for company in delaware and send them annual report? we are four owners of startup and the two other refuse to pay their share.will the delaware shut down company

1 Answer

Answered on: 2/28/13, 12:07 pm by Bruce McCullough

Penalties and interest will be added to the amount due. Eventually the company will be declared void and there are additional fees to revive it.

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Bodell Bove', LLC 1225 N. King St., Suite 1000, P.O. Box 397 Wilmington, DE 19899-0397

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