Tuesday, September 29, 2015
SHIPPING RATE CHANGES
Delaware Intercorp Inc. doesn't like surprises specially when it comes to costs. It is the company's commitment to provide you information in advance so you can plan ahead.
posted by daisy at 3:41 PM 0 Comments
Our primary shipping provider , Fedex has announced an average of 4.9% increase to shipping fees and surcharges that may apply to your shipment effective January 04, 2016.
For the detailed information, check out http://www.fedex.com/us/2016rates/index.html
Monday, September 21, 2015
We work with clients all over the world and we have many clients located in Asia. As I was getting prepared for upcoming public holidays and business closings, I came across a holiday that I wanted to learn more about because of its name – the Mid-Autumn Festival.
The Mid-Autumn Festival is a National Holiday in China, Macau, Taiwan and Hong Kong. It is traditionally celebrated on the 15th day of the 8th month on Traditional Chinese Calendar, which this year is equivalent to September 27. In Hong Kong and Macau, the day after the Mid-Autumn Festival is a public holiday (surely due to the late night festivities).
What I found out is that the holiday is known by several other names (Moon Festival is one of them) and attributes its history to several different and interesting legends as well as the traditional harvest depending on what website you are searching. The common thread seems to be that it is considered to be one of the most important festivals of the year. It is a happy holiday and involves the eating of moon cake, a dragon dance, lanterns, gazing at the moon, and of course celebrating with friends and family!
Here are some sources where you can learn more about it:
Which legend do you like best?
posted by Robin at 2:05 PM 0 Comments
Monday, September 21, 2015
Modified Operating Hours Extended by the Delaware Division of Corporations
The Division of Corporations will continue its modified operating hours of 8am to 5pm thru Friday, September 25, 2015.
All 1 hour, 2 hour and same day submissions must be received by 1PM EST. 24 hour and all other submissions are due by 5PM.
EXTRAORDINARY CONDITION DECLARATION Recognizing the importance to customers of securing filing dates and times, the Division has declared an “extraordinary condition” beginning at 4:31PM on Thursday, September 3 [pursuant to 8 Del. C., §103 (i)]. This declaration will remain in effect through 10:30PM EDT, Friday, September 25, 2015 as a result of the Division’s closure on Friday, September 4 and in anticipation of the possibility of any technical issues that may arise during the initial weeks of the new system implementation. This declaration will enable customers to receive a filing date and time after 4:30PM on Thursday, September 3, any time the day of Friday, September 4th or any date through Friday, September 25th provided such request is in accordance with statutory requirements [see 8 Del. C., §103 (i)(1)]. Any such requests for an earlier file date and time must be received no later than close of business on Tuesday, September 29th. The declaration of an extraordinary condition does not apply to UCC filings.
The State is working hard to address technical matters with its new computer system launch, but you may continue to experience delays in processing. Additionally, you may have problems using the State’s website to search for entities or file your annual report.
If you have any questions, please do not hesitate to contact us at 302-266-9367.
posted by Robin at 1:26 PM 0 Comments
Friday, September 11, 2015
Why Delaware? Delaware Ranks #1 in Lawsuit Climate Survey- again!
We are often asked "Why should I incorporate in Delaware?".
The truth is, there are many reasons why companies choose Delaware as their corporate home, and now those seeking the best jurisdiction for their company have yet another reason to consider the First State.
It was just announced that Delaware has been ranked #1 overall for best lawsuit climate in the United States for the 10th time in a row!
So what is all of that and why does it matter?
The 2015 Lawsuit Climate Survey: Ranking the States (PDF) was conducted for the U.S. Chamber Institute for Legal Reform to explore how fair and reasonable the states’ tort liability systems are perceived to be by U.S. businesses. Why does that matter? Simply put- perception is reality. These perceptions are undoubtedly considered by company boards, legal counsel, and executives when making business decisions about where to locate or expand. So much so that a full three quarters of the respondents in this survey (that's a whopping 75%!) report that a state’s litigation environment is likely to impact important business decisions at their companies such as where to conduct/expand/constrict business operations or sales.. This is a significant increase from 70% in 2012 and 67% in 2010. That is an 18 percent increase from eight years ago, and an all-time high.
Yes, the question "Why Delaware?" is a good one. Perhaps a better question to ask yourself is "Where does my state rank?" (Hint: it isn't at the top of the list!).
If you'd like to know where your state ranks without reading the whole report then check this out:
Base: General Counsel, Senior Litigators or Attorneys, and Senior Executives (N=1203)*Note: Scores presented in this table have been rounded to one decimal place, but rankings are based on the unrounded number. The column labeled “N” represents the number of evaluations for a given state.
If you are looking to take advantage of the unique legal climate here in Delaware, we can help! Just reach out via mail and ask us how
, or if you prefer, call Delaware Intercorp, Inc.toll free in the USA at 888.324.1817 or intentionally at (1) 302.266.9367.
Either way, we'd love to talk to you soon!
posted by Russell Rozanski at 2:25 PM 0 Comments