Wednesday, November 25, 2015
POSTAL RATE CHANGES FOR COMMERCIAL PRIORITY MAIL
The United States Postal Service (USPS) is awaiting approval
from the Postal Regulation Commission of the proposed price changes for its
shipping services. There is no price increase for 1st
class mail or
any other Postal Service mailing product such as the Forever stamp. The
increase will take effect on January 17, 2016
. Some of the highlights on the
upcoming rate changes are:
1. Priority Mail Express service will have an average
increase of 15.6% with the exception of
packages weighing less than 0.5 lbs
being shipped to Zones 5, 6 and 7
2. Priority Mail Express Flat Rate Envelopes will have an
increase of $2.55
3. Priority Mail Express Flat Rate Boxes will be
discontinued next year.
4. Priority Mail Express International postal rates will
have an average increase of 11.6%
Tuesday, November 24, 2015
Delaware Future Effective Dates
Did you know that Delaware law allows a future effective date
(and even time) for any type of filing 90 days from the date filed?
This is especially useful this time of
Filing now with a future effective
date permits you to secure a desired filing date when the Division of
Corporations is closed (eg: January 1), avoid rush fees to meet a deadline at
the end of the year, or prevent problems related to missing a crucial deadline
because a filing was rejected while you were away for the holidays
And, if you are ready to take action now to form a company for the new year, but want to
avoid paying franchise tax
for the current year, you can request a filing have
a 2016 effective date.
Language regarding the future effective date has to be
included on the document to be filed in addition to simply being requested. Please let us know your needs at the point of order if Delaware Intercorp, Inc. will be
preparing the document for you.
Keep in mind that certain certificates (eg: certificate of
status) cannot be issued until the applicable date has arrived.
Monday, November 23, 2015
CORPORATE KITS MAKE COMPLIANCE EASY
Many clients ask us if they really need a
corporate kit. Although the kit itself is not a requirement, record keeping often is, even if you are the only individual involved in the
company. One of the reasons you started
an LLC or corporation is to limit liability, right? Maintaining accurate records is
one of the important steps in doing that.
Corporate Kits are tools designed to
help you with that process. They are 3-ring binders customized with your
company name that come with sample printed templates for various company resolutions and actions, and they store important company documents in one
place for easy retrieval. In addition to
being necessary for compliance in some cases, it’s practical to have all of
your documents organized for banks, lenders, investors, buyers, and other
Each corporate kit will also include
20 pre-printed stock/membership certificates as well as a corporate embossing seal
to give your documents a more professional look.
Forgot to order your kit at the time
of incorporation, or not using our agent service? Not a problem – anyone can order a kit from
Offices of Delaware Secretary of
State and Delaware Intercorp will be closed in observance of the Thanksgiving Holiday
Thursday, November 26 and 27. Online orders
during this time will be processed upon our return on Monday, November 30.
DELAWARE ANNUAL REPORT AND FRANCHISE TAX UPDATE
The following is a general notification of the annual
report/franchise tax obligation to the State of Delaware. We will send an additional email notification,
once the franchise tax has been assessed and is payable for your entity type.
The 2015 Delaware Corporate Franchise Tax
and Annual Report are due by MARCH 1, 2016.
Paper copies WILL NOT be mailed. Your 2015 Delaware Annual Report and Franchise Tax notification will be sent via electronic mail to
the email address of record.
The minimum franchise tax for
corporations using the Authorized Shares Method remains $175, while the minimum
franchise tax for corporations using the Assumed Par Value Capital Method is
unchanged at $350.
Electronic filing of the Annual
Report and Franchise Tax is
mandatory for corporations in Delaware. Failing to file a fully completed report, including the names and addresses of officers
and directors, and remit the proper payment on or before MARCH 1, 2016 will
result in penalty and/or interest charges being assessed by the State of
Delaware. Additionally, it will prevent your entity from obtaining a
certificate of good standing and will ultimately result in the State revoking
The 2015 Delaware LP/LLC/GP Franchise Tax
is due by JUNE 1, 2016.
The alternative entity tax of $300 is unchanged. Any entity which fails to submit the total
tax amount due by the June 1, 2016 filing deadline will be assessed a late
penalty and/or interest charges by the State of Delaware.
Limited Partnerships, Limited
Liability Companies and General Partnerships are not required to file an annual
report but are responsible to pay the franchise tax.
Will your entity continue? Unless a certificate of
cancellation, dissolution or merger has been filed with the State by the end of
calendar year 2015, every Corporation or LP/LLC/GP is required to file the Annual Report and/or pay the Franchise Tax.
How to pay: Online payment will be available, once the
franchise tax has been assessed, typically after January 1 for Corporations and
after March 1 for LP/LLC/GP's. The Annual
Report form, used by corporations to file the Annual Report and Franchise Tax
will be available on our website. Login
to our secure website, using your email address of record and password, then
select Pay Franchise Tax / EZ File from our navigation menu. Contact us if you need assistance with the
contact details up to date? Communicating with us is important to ensure
your contact details are accurate. If
you need to change your mailing or email address of record, please inform us at
firstname.lastname@example.org. You will be notified by email if a follow-up
written confirmation is required.
Additionally, if your company does not appear in your account upon
selecting: Pay Franchise Tax / EZ File, or you require a password reset,
contact us at email@example.com.
It is our goal to provide you with the best service for the best
value! If you have other Delaware entities
that you would like to change to our service, contact us at firstname.lastname@example.org. We will pay the Delaware State filing fee for
the Certificate of Change of Agent! Let
us tell you how Delaware Intercorp can assist you with making corporate
compliance easy for all of your entities under our management.
As always, we are here if you have any questions or matters with
which we can assist you!
Thank you for choosing Delaware Intercorp, Inc.