Delaware: Unclaimed property voluntary disclosure agreement (VDA) program mailings underway
Companies need to respond and enroll in the VDA program within 90 days of the date of the letter.
The Delaware Secretary of State’s Office has announced that it will be mailing letters to companies inviting them to join the state’s unclaimed property voluntary disclosure agreement (VDA) program on or around April 11, 2025 and August 15, 2025.
Companies that do not respond and enroll in the VDA program within 90 days of the date of the letter will be referred to Delaware’s Department of Finance and may be selected for audit. As such, it is imperative that companies be on the lookout for these mailings and respond in a timely manner.
Read an April 2025 report prepared by KPMG LLP