The Annual Delaware Filings Program is a service designed to help venture capital fund managers maintain compliance with Delaware state requirements. It typically includes the preparation and filing of annual franchise tax reports and any required annual reports for Delaware entities, such as limited partnerships (LPs), general partners (GPs), and management companies (ManCos). This program ensures that your entities remain in good standing with the state, helping you avoid penalties or administrative dissolution. For more details, visit the [Annual Delaware Filings Program post on Decile Hub](https://decilehub.com/base/1-general_questions/45741-what-is-the-annual-delaware-filings-program-and-what-is-included).
FAQ - Annual US/Delaware Filings Program
What is the Annual US/Delaware Filings Program?
One opt-in service so you don’t have to track multiple US/Delaware filing deadlines yourself.
Every Delaware fund must complete a set of annual filings to stay in good standing (e.g. Delaware Franchise Taxes, Registered Agent renewals, SEC Form D, Form ADV annual amendments, etc.)
Every Delaware fund must complete a set of annual filings to stay in good standing (e.g. Delaware Franchise Taxes, Registered Agent renewals, SEC Form D, Form ADV annual amendments, etc.)
Partners have told us it’s a pain to manage all the various Delaware regulatory forms and filings each year, so we now offer to take over your regulatory filings so you stay compliant.
How does this program work?
You prepay us → we file on your behalf → we pay the agencies.
You can prepay a flat fee to cover filings, and we'll:
You can prepay a flat fee to cover filings, and we'll:
- Pay the required filing fees on your behalf (Delaware, FINRA/IARD, outside counsel, etc.)
- File everything for your Fund, GP, and Management Company
What does the flat fee cover?
Required Delaware + federal filings for your Fund, GP, and Manco, handled start to finish.
The flat annual fee covers the actual charges from Delaware, FINRA/IARD, and outside counsel — plus the administration to make sure everything is filed on time.
We’ve priced this close to cost — the goal here isn’t profit, it’s to make sure managers stay compliant without the stress of tracking multiple deadlines or getting hit with surprise notices.
How is the fee calculated?
The average costs vary but range from $2,550 to $3,350 per year (agency + legal). The price is set close to cost, with the small difference covering our admin/coordination time.
How is the fee calculated?
The average costs vary but range from $2,550 to $3,350 per year (agency + legal). The price is set close to cost, with the small difference covering our admin/coordination time.
The table below outlines average filing costs charged per regulatory body/organization (as of 2025).
What if I have multiple funds under the same ManCo?
Each additional LP+GP is an additional fee, discounted compared to separate structures.
The base fee covers one three-entity structure (Fund, GP, and ManCo). Each additional Fund+GP under the same ManCo is an additional fee charged at a discounted rate compared to running separate structures.
Can I treat this as a fund expense?
These filings (franchise taxes, RA, Form D, Form ADV, IARD) are often treated as fund expenses since they relate directly to keeping the Fund and GP entities compliant. However, ManCo’s franchise taxes/RA renewals are typically recorded on ManCo’s books.
What if I don’t opt in?
You’ll be responsible for handling and paying for all required filings yourself — and missing deadlines may result in penalties or loss of exemption.
What’s not included in this program?
This program covers only core Delaware + US filings. It does not include local filings like:
- Blue Sky filings
- California Franchise Tax Board filings
- California Secretary of State Statement of Information
- Broader tax filings (e.g., partnership returns, K-1 prep)
- etc.