Solutions
The Right Response

Company
Who we are
Resources
Business Made Easy
 

News and Events


Embassy and Consulate Closings for the Spring Festival
Updated February 8, 2016

In the event that you need documents legalized for China, Vietnam or Taiwan, please note that these consulates and embassies will be closed early next week in observance of the Spring Festival (a/k/a Chinese New Year).

The processing time for the legalization of documents at affected embassies and consulates will likely be delayed by these closures. We have been able to confirm the following closings, but note that closings for this holiday may extend to embassies for other Asian countries not listed here.

  • Chinese Consulate- February 8th & 9th
  • Vietnamese Consulate February 8th through 10th
  • Taiwan Consulate – February 8th & 9th

If you have any questions, or if you need to know if a specific embassy or consulate will be open on a particular date, feel free to contact your National Corporate Research service specialist.




Holiday Closings for February and March 2016
Updated January 19, 2016

To assist you in planning closing dates and avoiding unpleasant surprises, National Corporate Research (NCR) has compiled a list of U.S. state holiday closings for February and March. To download the list in PDF format, click here secure.  

 

For clients who work on international transactions, we have also compiled a list of corporate registry holiday closures in select countries. To access our international list of holiday closings for February and March, click here secure.  

 

Please note that some jurisdictions declare holidays at the last minute. So if a particular filing date is important to you, contact your NCR service specialist and we will double check at that time to ensure the filing office will be open on the date you are interested in. Also note that as we become aware of any changes to the holiday closing lists, we will post updated versions of the lists to this page of our website.

 

If you have any questions, feel free to contact your NCR service specialist.

 

Subscribe to our updates to receive e-mail alerts of holiday closings every two months.

 




Ontario Personal Property Security Act Changes Where to File and Search
Updated January 12, 2016

The new revisions to Ontario’s Personal Property Security Act (which is similar to the U.S. Uniform Commercial Code) change where registrations of secured transactions are made, depending on the collateral being secured.  When conducting searches in Canada, both the old rules and the new rules should be considered until 12/31/2020, which marks the end of the transition period.

 

Here is a chart that outlines the changes:

 

Collateral

Where a Registration is made  After 12/31/2015 (New)

Where a Registration was made Before 12/31/2015 (Old)

Intangible Property

Jurisdiction of Formation

Location of Head Office of Company

Mobile Property (such as transport vehicles)

Jurisdiction of Formation

Location of Head Office of Company

Instruments (checks, leases) where Secured Party does not have physical possession

Jurisdiction of Formation

Location of Head Office of Company

Tangible Goods

Location of the Property

Location of the Property

 

Example:
Company was formed in Delaware and has a head office location in Toronto, Ontario.  Under the old Ontario law, a registration against intangible property would be made in Ontario and, to comply with Article 9 of the U.S. UCC, a filing in Delaware would likely be made. Under the new Ontario law, only a filing in Delaware would be needed. 

 

Transition Rules:

  1. A security interest perfected under the old rules will continue to be perfected until 12/31/2020.
  2. A security interest perfected under the old rules will be deemed continuously perfected if it is registered under the new rules before 12/31/2020.

 

Note that this only affects Ontario. All other provinces, except Quebec, still require PPSAs to be filed in the location of the head office of the company for intangible property and the location of the property for tangible goods. In situations where the laws of two provinces conflict (for example a company formed in Ontario that has its head office in British Columbia), the recommendation is to file in both jurisdictions.




Delaware No Longer Accepting Paper UCC Filings
Updated December 14, 2015

Effective December 1, 2015, the Delaware Division of Corporations no longer accepts paper UCC filings submitted directly to the state via mail, courier or fax.  Rather, the Division requires all UCC filings be submitted by an Authorized Filer or electronically via Delaware’s e-UCC web application. 
 

Following is a summary of the three methods of submission permitted by the Division:

  1. Authorized Filers with direct access to the Delaware Corporation Information System (DCIS), such as National Corporate Research, Ltd (NCR), can perform the data entry and upload the paper filings into DCIS. The Division of Corporations’ staff will review and verify the document and data entry for statutory compliance before approving the filing.
     
  2. Filings can be submitted via XML electronic filing utilizing online applications such as NCR’s UCC ProFile, which allows our clients to create, manage and track their financing statements 24/7. (Nothing changed for clients who had been choosing the electronic filing method for Delaware filings in UCC ProFile.)
     
  3. Filings can be submitted via the Division’s e-UCC web application.

 

Additional Delaware statutory fees are applied to UCC filings with multiple pages and/or filings with more than two debtors. Delaware’s various expedited levels of service and expedite fees remain the same.

 

Sign up for our UCC and IP e-mail updates to ensure you get news like this delivered to your inbox right away.




Brazil and Morocco to Begin Accepting Apostilles
Updated December 7, 2015

Please note that effective August 14th, 2016, documents destined for use in Brazil or Morocco will no longer require consular or embassy legalization. An apostille from the appropriate Secretary of State or U.S. Department of State will be accepted. Morocco acceded to the Hague Convention Abolishing the Requirement of Legalization (the “Apostille Convention”) on November 27th and Brazil on December 2nd.
 

You can download a complete list of countries and territories that are party to the Apostille Convention from the Authentication/Legalization Resources page of our website. On this page, you will also find our list of useful Authentication/Legalization websites and our list of notary search websites where you can verify the status of notaries.       
 

If you have any questions, please feel free to contact your National Corporate Research service specialist.




Tajikistan to Begin Accepting Apostilles on October 31, 2015
Updated October 23, 2015

Effective October 31, 2015, documents destined for use in Tajikistan will no longer require consular or embassy legalization. An apostille from the appropriate Secretary of State or U.S. Department of State will be accepted.  (However, Austria, Belgium and Germany have raised an objection to the accession of Tajikistan, meaning that the convention will not enter into force between these countries and Tajikistan.)

 

Registered clients of National Corporate Research, Ltd. (NCR) can download a complete list of countries and territories that are party to the Hague Convention Abolishing the Requirement of Legalization from the Authentication/Legalization Resources page of our website. On this page, you will also find our list of useful Authentication/Legalization websites and our list of notary search websites where you can verify the status of notaries.

 

If you are a client of NCR and would like to apply for a password, click here.     




Nolo and National Corporate Research Join Forces to Simplify Fundraising Registration for Nonprofits
Updated October 7, 2015

First-ever, 50-state digital subscription product enables nonprofits to handle fundraising registration tasks with minimal cost

 

BERKELEY, CA, NEW YORK, NY and WASHINGTON, DC (October 6, 2015) – Nolo and National Corporate Research, Ltd. (NCR) today announced a new partnership that vastly simplifies and modernizes the process of keeping current with fundraising registration requirements for nonprofit organizations.

 

The result of the partnership is Nonprofit Fundraising Registration: Nolo’s 50-State Digital Guide, co-authored by NCR’s Ronald J. Barrett and Nolo’s Stephen Fishman, J.D. This groundbreaking digital subscription product provides all the information nonprofits need to easily handle initial and renewal fundraising registration without having to hire a professional firm. The Digital Guide is available for just $124.99 annually and will be updated quarterly with new links, changed forms, and the latest information on registration rules and requirements. Subscriptions purchased through the NCR nonprofit bookstore will be discounted 20%.

 

“State fundraising registration can be a difficult, confusing and costly process for nonprofits,” said Digital Guide co-author Ronald J. Barrett, who is Vice President of Nonprofit Services at NCR. “By partnering with Nolo, we have created a product that enables nonprofits to handle registrations in-house with a minimum of time and effort. This is truly a first-of-its-kind product.”

 

Bringing Together Two Business-Friendly Pioneers

 

Today’s announced partnership brings together the expertise of Nolo, a long-time publisher of do-it-yourself legal guides for consumers and businesses, and NCR, a professional registered agent company that helps businesses comply with countless legal requirements and provides public record transactional services throughout the U.S. and in many other countries. Nolo has been publishing legal guides since 1971, while NCR has been helping businesses with legal requirements and transactional services since 1980.

 

A New Day For Nonprofits

 

If a nonprofit solicits donations from the public, it’s very likely that it needs to register in one or more states. Failure to properly register can result in fines, penalties and even a requirement to return donations.

 

Each state has its own rules, forms, exemptions, procedures, and deadlines. Hiring a professional firm to handle registrations can run as high as $10,000 annually – a prohibitive figure for smaller organizations. Nonprofit Fundraising Registration: Nolo’s 50-State State Digital Guide allows nonprofits to register themselves for a fraction of this cost. Included in the product are links to all required forms, and information on filing fees, exemptions, signature and supporting document requirements, filing addresses, filing deadlines, and more for each state. The Digital Guide also contains an overview of the registration process—the IRS’s role, online fundraising, and strategies to avoid unnecessary registrations.

 

A Product That Never Goes Out-of-Date

 

Since state charity registration forms, fees, and rules are constantly changing, the Digital Guide comes with an annual subscription that provides users with completely updated information on January 1, April 1, July 1, and October 1 of each year. With these quarterly updates, subscribers will have access to current forms and up-to-date information on state registration rules and requirements. Subscribers will be notified via e-mail to log into their Nolo accounts to access each quarterly update.

 

“We are ecstatic that our new partnership with NCR has led to the publication of the Digital Guide,” said co-author Stephen Fishman of Nolo. “This product truly advances the goal of both organizations to streamline complicated legal tasks for businesses, allowing them to focus on serving their customers and furthering their causes.”

 

In addition to the all-new Digital Guide, Nolo offers a host of legal forms and books to help nonprofits manage their businesses. These products are discounted 20% when purchased through the NCR nonprofit bookstore.

 

About Nolo

 

Nolo (www.nolo.com) is a leading provider of plain-English legal information and products for consumers and businesses. A subsidiary of Internet Brands, Nolo focuses most of its efforts on its award-winning websites, which feature extensive free content, online tools, and a consumer-friendly lawyer directory. Nolo also develops market-leading software, online legal forms, as well as print and ebooks.

 

Nolo was founded in 1971 by two legal aid attorneys who set out to demystify the law for people who couldn’t afford lawyers. Since then Nolo has produced over 20 million plain-English legal guides across all areas of the law.

 

About National Corporate Research, Ltd.

 

Established in 1980, National Corporate Research, Ltd. (NCR) is a professional registered agent company that provides nationwide and international corporate, secured transactions, business license, real property, court, agency, and library services for all industries, including the nonprofit sector. NCR is qualified to act as registered agent in all 50 states and the District of Columbia and provides statutory representation and process agent services for tens of thousands of companies across the country. NCR also offers registered agent services in many other countries throughout the world. In addition to a Hong Kong office, NCR recently opened an office in the United Kingdom to better serve clients on international transactions.