Why the Delaware VDA Program Matters
Delaware remains one of the most active states in enforcing unclaimed property compliance. If your company receives a VDA invitation and does not respond, you will automatically be selected for an audit. Participating in the Delaware VDA program gives you the opportunity to voluntarily address any past-due property while avoiding the more aggressive and uncertain outcomes of an audit.
A VDA is not just a legal formality—it’s a chance to retain control of your compliance narrative, reduce potential penalties, and resolve liabilities on more favorable terms.
The Advantage of Choosing a Delaware VDA Over an Audit
Unlike audits, which are often lengthy, invasive, and expensive, Delaware’s voluntary disclosure agreement process allows companies to self-review and report unclaimed property liabilities with professional guidance. Key benefits include:
- Penalty Avoidance – Settle liabilities without the threat of fines or interest
- Time Efficiency – Expedite resolution compared to multi-year audits
- Control Over the Process – Retain ownership of your records, analysis, and disclosures
- Audit Risk Mitigation – Reduce exposure to future state-initiated examinations
DMA works with you throughout the entire process—from initial assessment to final filing—to ensure your disclosure is accurate, defensible, and beneficial.
Comprehensive Support from Unclaimed Property Experts
Our team brings deep experience in managing Delaware VDA cases across a wide range of industries. We begin with a detailed review of your unclaimed property reporting history, then guide you through scoping, analysis, and documentation, all aligned with Delaware’s regulatory expectations.
We also support multistate disclosures when applicable, ensuring that your compliance strategy is cohesive and scalable.
Our services include:
- Reviewing historical records and identifying gaps
- Reconciling general ledger accounts and disbursement data
- Drafting and submitting required documentation
- Coordinating with Delaware’s VDA administrator
- Providing ongoing guidance to maintain future compliance
Why Choose DMA for Your Delaware VDA?
Navigating a Delaware VDA without the right expertise can lead to missed opportunities and costly errors. With DMA as your partner, you benefit from:
- A proven track record of successful VDA resolutions
- Insight into Delaware’s regulatory framework and enforcement trends
- Personalized service tailored to your company’s structure and industry
- End-to-end support that reduces your internal burden and increases accuracy
Take Control of Your Unclaimed Property Obligations
A Delaware VDA is your opportunity to address past-due obligations on your terms. Let DMA help you take proactive steps to resolve liabilities, avoid audits, and strengthen your compliance position.
Complete this form to learn more on how our unclaimed property Delaware VDA services can protect your organization and simplify the path forward.