*ATTENTION: EMPIRE HAS MOVED, Our NEW ADDRESS is 54 STATE STREET, SUITE 103, ALBANY, NEW YORK 12207
SUBJECT: Holidays– The following is a list of the remaining State Holidays for 2017; November 11th- Veterans Day, November 10th- Thanksgiving Day, December 25th- Christmas Day.
IMPORTANT INFORMATION REGARDING BIENNIAL STATEMENTS;
The Department of State has discontinued the mailing of paper Biennial Statement forms and notices. Entities who wish to be notified by e-mail when the Biennial Statement is due for filing must provide a valid email address to the Department of State at the State’s Email Address Submission/Update Service. Biennial Statement is due at the beginning of the calendar month in which the entity was originally formed beginning two years after initial filing and every two years thereafter.
*IMPORTANT NOTICE: ORGANIZATIONAL TAX; TAXES ON CHANGES OF CAPITAL; Section 180 of the Tax Law Organizational tax; on changes of capital was repealed by Chapter 59 of the laws of 2014. EFFECTIVE JANUARY 1st, 2015, the Department of State will no longer collect a tax on shares when forming a corporation. Additionally, NO TAX will be collected when filing a Certificate of Amendment to a Certificate of Incorporation to increase the number of authorized shares or change the authorized shares.
Relating to Apostilles and Authentications – Please be advised that the following revisions will pertain to all apostilles and authentications issued by the New York State Department of State on and after July 28, 2010. 1. Revised Seal – The New York State Department of State Seal will be used for the apostille and authentications. The Great Seal of the State of New York will no longer be used. 2. Revised Method for Affixing seal – Apostilles and Authentications will be produced with a blue laser printed facsimile of the New York State Department of State Seal.
SUBJECT: Annual filing fees for LLC’S and LLP’S increase- New York State Tax Dept. has increased the annual filing levy for LLC’s and LLP’s. The State’s new filing fee structure for limited liability companies is based on gross income. The new fees are $25 (if $0 to $100,000 of gross income), $50 (if more than $100,000 to $250,000), $175 (if more than $250,000 to $500,000), $500 (if more than $500,000 to $1 million), $1,500 (if more than $1 million to $5 million), $3,000 (if more than $5 million to $25 million) or $4,500 (if more than $25 million).
SUBJECT: The Continuing Relevance of Personal Service of Process, attorney Steve Teppler produced an very interesting extended research piece on the value of personal service of process, in light of growing pressure in some quarters to allow this vital function to be done electronically via email or social media. The result was a brilliant article, which was published in the National Law Review: For a look, paste this link into your browser, www.natlawreview.com/article/continuing-relevance-personal-service-process