When can I use Future File or Future Effective Dates?
Delaware – Employee Recognition Event
On Friday, December 8th, the Delaware Division of Corporations will have its Employee Recognition event. Filing cut off times will be changed as follows. 30 Minute filings must be received by 5pm EST 1 Hr filings must be received by
Beneficial Ownership and Substantial Control
On January 1, 2024, entities will be required to file a Beneficial Ownership Information (BOI) report with Financial Crimes Enforcement Network (FinCEN) unless they are exempt. FinCEN has proposed to update the timeline for entities created or registered to do
CTA Updates
As we continue to diligently monitor updates and additional rulings to the Corporate Transparency Act, we want to ensure that you are kept informed. Currently, we aren’t seeing any meaningful updates, but we do have a few highlights to share.
Corporate Transparency Act’s 23 Exemptions
What entities are exempt from reporting? Currently, 23 listed entities are exempt from filing reports under the Reporting Rule. Most exemptions do not directly apply to small businesses and are directed towards larger operating companies. The exemptions include: 1. Securities
The New Corporate Transparency Act
How to Navigate the New Corporate Transparency Act An estimated 32 million entities will need to file by January 1, 2025. Stay Informed The Corporate Transparency Act (the “CTA”) was enacted by Congress in January 2021 and its primary
RASi, A Lexitas Company, Announces Acquisition of HIQ & TRAC
Registered Agent Solutions, Inc. (“RASi”), a Lexitas Company, announced its acquisition of both HIQ Corporate Services, Inc. (“HIQ”) and TRAC – The Registered Agent Company (“TRAC”). TRAC has been providing registered agent and independent director services throughout the U.S. since
Rhode Island – Revised Uniform Partnership Act
Effective January 1, 2023, both the Uniform Partnership Act and Uniform Limited Partnership Act will be revised to establish consistency with respect to formation requirements and business practices, creating business environments with more predictable legal outcomes. View Info
California – Corporate Conversions
Effective January 1, 2023, Senate Bill 49 establishes a process similar to other types of California business that allows a corporation to convert in a single step to a business entity organized under the laws of a different state. View
California – Remote Shareholder Meetings
Effective January 1, 2023, Assembly Bill 1780 allows corporation to hold virtual shareholder meetings if it takes place on or before December 25, 2025, and it features a live audiovisual feed. View Info