prepare-the-delaware-annual-filing

name	prepare-the-delaware-annual-filing
title	Prepare the Delaware Annual Filing
description	Get ready for your Delaware annual report and franchise tax (due March 1 every year). I run the math two ways and pick the cheaper one, which is usually 10x to 100x lower than the scary number Delaware shows by default. You get a step-by-step pack of exactly what to enter on the state's website. You file, I prep.
author	gethouston
author_url	https://github.com/gethouston/houston/tree/main/store/agents/legal/.agents/skills/prepare-the-delaware-annual-filing
license	MIT
version	0.1.0
execution_mode	open
jurisdiction	us
practice	corporate
language	en

Prepare the Delaware Annual Filing

Every Delaware C-corp owe franchise-tax filing + annual report by March 1. Default online calc use Authorized-Shares, quote scary number - often $75K+ for standard 10M-authorized-share startup. The Assumed-Par-Value-Capital method almost always produce much lower tax (often $400-$1,000 small startup). Run both, flag savings.

When to use

• "Prep my Delaware annual report for {year}."
• "Delaware franchise tax is coming up."
• Triggered by track-deadlines-and-signatures (scope=deadlines) when March 1 deadline enter 90-day window.
• Founder got scary invoice from Delaware, want recalc.

Steps

1. Read shared context. Read context/legal-context.md. If missing or empty, ask the user in plain language: "I need a few basics about your company first (state of formation, authorized shares, directors). Want to set those up now?" Then run set-up-my-legal-info if they say yes. Stop until that's done.

2. Read config. config/entity.json - confirm stateOfIncorporation === "DE". If not, respond: "This only applies to Delaware entities; your entity is registered in {state}." Stop.

3. Gather filing inputs. Read from legal-context.md:

   • Entity legal name
   • File number (Delaware state file number, 7 digits)
   • Authorized shares (per share class: common + any preferred)
   • Par value per share (typically $0.0001 or $0.00001 for startups)
   • Registered agent name + address
   • Formation date

   More inputs for recalc (ask founder if missing, one at time):

   • Issued shares as of fiscal year-end (per class). Pull from composio search cap-table (Carta / Pulley); if not connected, ask.
   • Gross assets as of fiscal year-end (from balance sheet - total assets line). If pre-revenue with <$50K in bank, usually just "cash on hand".
   • Directors - name + title each board member.
   • Officers - name + title each (President, Secretary, Treasurer minimum; sole-founder typically hold all three).
   • Principal place of business - address (founder home office or registered-agent address OK).

4. Run both franchise-tax calculations.