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by ryanroberts 5936 days ago
If you use the assumed par value capital method to calculate your franchise taxes (instead of the authorized shares method), your startup's franchise tax bill isn't likely to be very much.
1 comments

Why pay any extra $ when you don't have to? Many scenarios will end up with you paying greater than the minimum ($75).
it's not.
Here's his article on it: http://thestartuplawyer.com/incorporation/the-delaware-freak...

His example comes to $175.

And it may be much worse depending on specifics or if you take this specific advice but incorporate in another state.

Well, the example assumed the startup's gross assets were $250,000. If gross assets were $100,000 the tax would be $75 (actual calculation gives you $70 but min is $75).