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Business Entities

Clark Hill PLC

When does a converted entity or a merged entity need a new Employer Identification Number from the IRS?

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What is an EIN? An EIN is a federal tax ID number for an entity, estate, trust, or other organization. For example, the following are generally required to obtain an EIN: partnerships, limited liability companies (“LLC”),...more

Buckingham, Doolittle & Burroughs, LLC

Breaking Into the U.S. Market: Why Legal Guidance is Your First Investment

Expanding into the U.S. is a major milestone for many foreign companies. With its large consumer base, strong legal protections, and global influence, the United States remains one of the most attractive markets in the world....more

Jaburg Wilk

Don’t Let One Missing Clause Derail Your Nonprofit: Why You Need IRS Language in Your Arizona Articles of Incorporation

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Starting a nonprofit is exciting—but missing one critical detail in your formation documents can cost you time, money, and potentially your federal tax-exempt status. If your goal is to operate as a 501(c)(3) charitable...more

Troutman Pepper Locke

Champion Blue LLC: Kentucky’s Play to Reshape College Athletics

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Recently, the University of Kentucky took an interesting step in the context of collegiate athletics by converting its athletic department into a limited liability company (LLC), named Champions Blue LLC. This structure makes...more

IR Global

Dubai Allows Free Zone Businesses to Expand to Mainland

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The Dubai government has recently allowed the companies in free zones to expand in the mainland Dubai. The decision was taken through Executive Council Resolution No 11 of 2025 and is aimed to increase investment and promote...more

Akin Gump Strauss Hauer & Feld LLP

Bureau of Economic Analysis’ Mandatory Form BE-10 Survey Deadline Approaches for a “Benchmark Year” for U.S. Persons with Direct...

The BE-10 Benchmark Survey of U.S. Direct Investment Abroad (the “BE-10 Survey”) is a mandatory survey conducted once every five years by the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce under the...more

Husch Blackwell LLP

Arizona Legislature Amends Captive Insurer Provisions of Insurance Code

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On May 7, 2025, Arizona Governor Katie Hobbs signed House Bill 2193 into law after the bill passed in the Arizona legislature in late April. HB 2193 amends the captive insurer section of the Insurance Code by reducing the...more

ArentFox Schiff

American Chemistry Council v. Bonta: A Decision in Support of Trade and Professional Associations’ First Amendment Rights

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Does the First Amendment protect associations’ communications with their members when petitioning government agencies?...more

Cozen O'Connor

Z.A.S v. T.S., Support Payments and the Treatment of Corporate Income

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In Z.A.S. v. T.S., 2024 BCSC 2205, the British Columbia Supreme Court (BCSC) provided a detailed analysis of the factors and financial intricacies involved in calculating income for purposes of spousal and child support...more

Foley & Lardner LLP

Passage of Senate Bill 29 Positions Texas as a Leading State for Incorporations

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On May 7, 2025, the Texas Legislature passed Senate Bill No. 29, which introduces a series of corporate reforms that aim to make Texas the preferred jurisdiction for legal domestication. Because S.B. 29 received a 2/3rd...more

Foley Hoag LLP

BE-10 Benchmark Survey of U.S. Direct Investment Abroad – Filings Due May 30 or June 30, 2025

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Key Takeaways: - The U.S. Bureau of Economic Analysis (BEA) has announced that it is once again time to file the BE-10 Benchmark Survey of U.S. Direct Investment Abroad. The benchmark survey covers the universe of U.S....more

WilmerHale

Voluntary Disclosure of Export Control Violations is Critical for Settling Criminal Liability, DOJ Action Shows

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The Department of Justice’s (DOJ) recent announcement that it would decline to prosecute a self-reported criminal export control violation demonstrates the continuing importance of prompt, voluntary self-disclosure (VSD) and...more

Allen Matkins

Is A Stake An Unincorporated Association?

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I have devoted several posts over the years to California's Unincorporated Association Law. Although many houses of worship are incorporated, some are not.  Even amongst incorporated religious groups, there can be sub-groups...more

International Lawyers Network

Establishing a Business Entity in Mexico (Updated)

I. General Overview - As of April 2024, Mexico has a population of approximately 132.3 according million people to the Mexican National Population Counsil (Consejo Nacional de Población). Covers a land area of 1,964,375...more

Sterne, Kessler, Goldstein & Fox P.L.L.C.

Avoid Pitfalls in Declaration of Use Filings: Domicile Address Requirements and U.S. Counsel Rule

Owners of U.S. trademark registrations issued in 2018 or 2019 will be facing an initial maintenance filing deadline this year (either a Section 8 or Section 71 Declaration of Use), and will need to take note of a new rule...more

Latham & Watkins LLP

“Stop the Clock” Directive Grants Delays in Corporate Sustainability Reporting and Due Diligence

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The European Council has approved the Directive, which offers a temporary relief to companies facing requirements under the CSRD and CSDDD....more

Procopio, Cory, Hargreaves & Savitch LLP

Strategies for Startups at Foundation

Startup founders need to know the key documents for startup formation, entity selection, governance, and operational basics if they want to succeed. Paul Johnson, Procopio's Emerging Company and Venture Capital practice...more

Seward & Kissel LLP

May 30 Deadline for BE-10 Reports

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The BE-10 is the quinquennial Benchmark Survey of U.S. Direct Investment Abroad that is conducted by the U.S. Bureau of Economic Analysis (the “BEA”) to obtain data on the financial structure and operations of U.S. parent...more

Conyers

BVI Corporate Review – Q1 2025

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Welcome to the first 2025 edition of our quarterly BVI Corporate Review. The first quarter of 2025 saw continued strong activity in the BVI. Our corporate legal team advised on key transactions in the jurisdiction while also...more

International Lawyers Network

Establishing a Business Entity in New Zealand (Updated)

TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC))...more

Baker Donelson

State-Level Legislation, Nationwide Impact: Key Insights Into the Proposed Climate Reporting Rules in New York, Colorado, New...

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As the federal government works to roll back climate regulations and climate-focused initiatives, states have developed avenues to fill in the gaps left behind. Modeled in part after California's Climate Corporate Data...more

Winstead PC

Regulatory Reset: Texas Establishes a DOGE-Inspired Office to Cut Red Tape

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As Texas strengthens its position as a national leader in economic and business growth, Senate Bill 14 (SB 14)—signed into law on April 23, 2025, and effective September 1—marks a significant shift in the state’s regulatory...more

Carey Olsen

British Virgin Islands investment funds - Spring 2025 update

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Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands ("BVI"), including the funds statistics from the British Virgin Islands Financial Services Commission...more

Allen Matkins

In More Bad News For Delaware, Nevada Legislature Proposes To Allow Jettisoning Jury Trials For "Internal Actions"

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I have previously noted certain provisions of a bill amending Nevada's business entity statutes, AB239.  See Nevada Bill Would Impose A Duty That Directors Be Informed and Nevada Bill Would Expressly Allow Directors To...more

Lowndes

Don’t Forget! Today (5/1) Is the Deadline to File Annual Reports for Florida Entities

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Each year, all Florida corporations, limited liability companies, limited partnerships, and limited liability partnerships (either domestic entities or foreign entities qualified to do business in Florida) are required to...more

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