Effective April 30, 2011, the Virginia State Corporation Commission implemented a new regulation regarding the due date of yearly registration fees for LLCs. Yearly LLC fees are now due by the last day of the LLC's anniversary month of formation/registration.
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IRS Report of Foreign Bank and Financial Accounts “FBAR” Update
On February 24, 2011, the Financial Crimes Enforcement Network (FinCEN) published final regulations amending the FBAR regulations. These regulations became effective on March 28, 2011, and apply to FBARs required to be filed with respect to foreign financial accounts maintained
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Delaware – New Seal
Effective January 15, 2011, the Delaware Secretary of State has a new seal design. The new design will now appear on all documents issued by the Secretary of State's office that require a seal. Read more...
Massachusetts – Be Aware of LLC Dissolutions/Revocations
Domestic and Foreign LLCs that have annual reports that have been delinquent for two (2) or more consecutive years will be dissolved/revoked in the near future. Massachusetts sent out 90 day notices of revocation November 30, 2010. LLCs will want
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Massachusetts – Electronic Certificates Available
The Commonwealth of Massachusetts Corporations Division has recently commenced offering electronic versions of the following documents: -Domestic Profit Corporations - Good Standing, Short Legal Existence*, Dissolution -Foreign Corporations - Good Standing*, Registration(Short Legal Existence)*, Revocation, Withdrawal -Non Profit Corporations -
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Pennsylvania Decennial Reports
Pennsylvania has created a decennial report (previously there were no reports due to the state). Decennial filings are filed every ten years. The decennial report is intended to require entities to identify business names or marks that are no longer
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Virginia Limited Liability Company Assessment of Annual Registration Fees
The SCC has adopted a regulation, effective April 30, 2011, by which limited liability companies (LLC) are assessed annual registration fees based on the anniversary month of their formation (if a Virginia LLC) or registration to transact business in Virginia
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New York – Revised Certificates of Existence
The New York State Department of State will be revising its certificates of existence for corporations and other business entities. Effective September 7, 2010, certificates of existence issued by the Department of State for corporations and other business entities will
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