Friday, May 24, 2013
Holiday Closure
In observance of Memorial Day , Delaware Intercorp will be closed on Monday, May 27, 2013. Normal business hours will resume on Tuesday, May 28.
Have a safe and happy holiday weekend!
posted by Kelly at 12:56 PM 0 Comments
Friday, May 24, 2013
FBAR due June 30th
If you are required to file the Foreign Bank Account Report (FBAR), Form TD F 90-22.1, this is a reminder that it must be received by the United States Department of the Treasury, on or before June 30.
Penalties for failure to file an FBAR may be severe, so it is important to review your requirements with your tax professional! Questions regarding the FBAR can also be sent to FBARquestions@irs.gov.
posted by Robin at 10:21 AM 0 Comments
Tuesday, May 21, 2013
The Delaware Division of Corporations Releases its 2012 Annual Report
Better late than never!
We've talked about almost all of the details within the report on this blog at one point or another over the past year, and there is one are that we didn't give enough love to:
New IPOs
In 2012, 90% of all new U.S. Initial Public Offerings (IPOs) were incorporated in Delaware. In the past year, companies such as the following have chosen to launch their IPOs as Delaware legal entities:
Natural and organic food maker Annie’s Homegrown
Online social networking service Facebook
Travel metasearch engine operator KAYAK
Furniture chain Restoration Hardware
Business directory service and review site Yelp
Read all about the other details in the report
here. (PDF)
posted by Russell Rozanski at 12:27 PM 0 Comments
Friday, May 17, 2013
The Delaware Corporate Legislation Tracker - May 17, 2013
What's happening this week in Delaware Law?
The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.
Here's the latest edition:
The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 5/15/2013:
HB 123
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY PARTNERSHIPS.
Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House
HB 124
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED PARTNERSHIPS.
Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House
The following Legislation affecting
Title 6 - Commerce and Trade was acted upon by the General Assembly on 5/15/2013:
HB 126
Title: AN ACT TO AMEND CHAPTER 18, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED LIABILITY COMPANIES AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY COMPANIES.
Synopsis:
This bill continues the practice of amending periodically the Delaware Limited Liability Company Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House
The following Legislation affecting
Title 8 - Corporations was acted upon by the General Assembly on 5/15/2013:
HB 127
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.
Synopsis:
This bill continues the practice of amending periodically the Delaware General Corporation Law (the "DGCL") to keep it current and to maintain its national preeminence.
Bill History:
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House
SB 47 w/SA1
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.
Synopsis:
This Bill seeks to allow for the formation of Public Benefit Corporations under the Delaware General Corporation Law.
Bill History:
May 15, 2013 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 10 On Its Merits
May 01, 2013 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Apr 30, 2013 - Passed by Senate.Votes: Passed 20 YES 0 NO 1 NOT VOTING 0 ABSENT 0 VACANT
Apr 30, 2013 - Amendment SA 1 - Passed by Senate.
Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Apr 30, 2013 - Amendment SA 1 - Introduced in Senate
Apr 24, 2013 - Reported Out of Committee (SMALL BUSINESS) in Senate with 6 On Its Merits
Apr 18, 2013 - Assigned to Small Business Committee in Senate
The following Legislation affecting
Title 30 - State Taxes was acted upon by the General Assembly on 5/15/2013:
HB 143
Title: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE PERTAINING TO BUSINESS TAX CREDITS
Synopsis:
This Act makes permanent Delaware’s research and development tax credit.
Bill History:
May 15, 2013 - Reported Out of Committee (REVENUE & FINANCE) in House with 4 Favorable, 7 On Its Merits
May 14, 2013 - Introduced and Assigned to Revenue & Finance Committee in House
posted by Russell Rozanski at 9:07 AM 0 Comments
Friday, May 17, 2013
SBA and W20 Group Present Webinar on Creating Social Media Content for Small Businesses
If your business isn't using Social Media, then you better get on it! Here's your chance to learn the ropes, and get up to speed.
The U.S. Small Business Administration and the W20 Group, a cluster of digital communications companies, will present Creating Content and Engaging for Facebook, LinkedIn and Twitter, the third topic in the five-topic social media webinar series. The webinar will help small business owners create content to broaden their reach and market their products using some of the most popular social media tools.
A survey conducted by CompTIA in 2012 found that that benefits of using social networking tools include:
- Better communication with clients (61%);
- Brand positioning (49%);
- Real-time customer satisfaction (48%); and
- Potential lead generation (43%).
It is beneficial for small businesses to create content on social media tools such as Facebook, LinkedIn and Twitter to establish a presence online, to drive the conversation about their companies and products and to build credibility and trust with clients and potential customers.
“It’s great to have a solid foundation of the different social media platforms available and how they can enhance your business,” said Mid-Atlantic Regional Administrator Natalia Olson-Urtecho. “Additionally, being able to create engaging content and set yourself apart in your market or target a specific audience is just as important, and this webinar will be a great opportunity for small business owners and entrepreneurs to learn exactly that.”
The Creating Content and Engaging for Facebook, LinkedIn and Twitter social media webinar for small businesses will be held May 23 at 1 p.m. EDT. To register for the webinar, visit:
https://attendee.gotowebinar.com/register/8248962092793044480. The webinar will cover:
- Understanding the social media landscape;
- Learning about the major social networks like Facebook, LinkedIn and Twitter;
- Focusing on best practices in building your following and engaging your customers;
- Involving your influencers in the mix; and
- Creating and curating content to fuel your channels.
Topics for future webinars in the social media webinar series include:
- Identifying and Connecting with your Influencers (June 5 at 1p.m.); and
- Getting Started with Mobile and Location-based Marketing (June 26 at 1p.m.).
WHAT: “Creating Content and Engaging for Facebook, LinkedIn and Twitter”
WHEN: Thursday, May 23, 2013 - 1 p.m. to 2 p.m. EDT
HOW: Space is limited. Register at:
https://attendee.gotowebinar.com/register/8248962092793044480*Note: A captioned version of this webinar will be available in two weeks at:
www.sba.gov/social-media.
posted by Russell Rozanski at 8:52 AM 0 Comments
Wednesday, May 15, 2013
Why Use Delaware Intercorp, Inc.?
Delaware Intercorp, Inc. charges NO FEE to prepare and file the documents to register your company and to act as the incorporator if we act as your registered agent. Our experienced team members can usually file your documents the same day we receive them if you place your order during regular business hours. Your new company will technically exist as soon as the filing is made due to our dedicated connection to the Delaware Corporate Information System, and the Delaware Secretary of State's turnaround time is only 2-4 days for most filings made by our office without any expedited fees! So, why not use Delaware Intercorp, Inc.?
posted by Robin at 9:51 AM 0 Comments
Friday, May 10, 2013
The Delaware Corporate Legislation Tracker - May 10, 2013
Stay on top of what is happening in Delaware Corporate Law!
The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.
Here's the latest edition:
The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 5/3/2013:
HB 8 w/HA 1
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE UNIFORM COMMERCIAL CODE.
Synopsis:
It is the purpose of this Act to amend Article 9 of the Delaware Uniform Commercial Code dealing with secured transactions. The revisions to Article 9 are part of a national effort led by the National Conference of Commissioners on Uniform State Laws and The American Law Institute that seeks adoption of revisions in substantially the form proposed by all applicable states within, or other jurisdictions under the control of, the United States.
Bill History:
May 03, 2013 - Signed by Governor
Mar 28, 2013 - Passed by Senate.
Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Mar 27, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 5 On Its Merits
Mar 15, 2013 - Assigned to Judiciary Committee in Senate
Mar 12, 2013 - Passed by House of Representatives.
Votes: Passed 40 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Mar 12, 2013 - Amendment HA 1 - Passed in House by Voice Vote
Mar 07, 2013 - Amendment HA 1 - Introduced and Placed With Bill
Jan 16, 2013 - Reported Out of Committee (JUDICIARY) in House with 8 Favorable, 2 On Its Merits
Jan 15, 2013 - Introduced and Assigned to Judiciary Committee in House
The following Legislation affecting
Title 6 - Commerce and Trade was acted upon by the General Assembly on 5/8/2013:
HB 123
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY PARTNERSHIPS.
Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House
HB 124
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED PARTNERSHIPS.
Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House
The following Legislation affecting
Title 6 - Commerce and Trade was acted upon by the General Assembly on 5/9/2013:
HB 126
Title: AN ACT TO AMEND CHAPTER 18, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED LIABILITY COMPANIES AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY COMPANIES.
Synopsis:
This bill continues the practice of amending periodically the Delaware Limited Liability Company Act (the "Act") to keep it current and to maintain its national preeminence.
Bill History:
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House
The following Legislation affecting
Title 8 - Corporations was acted upon by the General Assembly on 5/9/2013:
HB 127
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.
Synopsis:
This bill continues the practice of amending periodically the Delaware General Corporation Law (the "DGCL") to keep it current and to maintain its national preeminence.
Bill History:
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House
posted by Russell Rozanski at 9:50 AM 0 Comments
Friday, May 03, 2013
The Delaware Corporate Legislation Tracker - May 3, 2013
Stay on top of possible changes to Delaware Corporate Law!
The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.
Here's the latest edition:
The following Legislation affecting Title 8 - Corporations was acted upon by the General Assembly on 5/01/2013:
SB 47 w/SA1
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.
Synopsis:
This Bill seeks to allow for the formation of Public Benefit Corporations under the Delaware General Corporation Law.
Bill History:
May 01, 2013 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Apr 30, 2013 - Passed by Senate.Votes: Passed 20 YES 0 NO 1 NOT VOTING 0 ABSENT 0 VACANT
Apr 30, 2013 - Amendment SA 1 - Passed by Senate.
Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Apr 30, 2013 - Amendment SA 1 - Introduced in Senate
Apr 24, 2013 - Reported Out of Committee (SMALL BUSINESS) in Senate with 6 On Its Merits
Apr 18, 2013 - Assigned to Small Business Committee in Senate
posted by Russell Rozanski at 9:20 AM 0 Comments