Decennial Reporting
The Pennsylvania Department of State mandates that all businesses operating in Pennsylvania provide the Department with updated registration information at least every ten (10) years. Unless an exemption applies, all Pennsylvania businesses have until December 31, 2011 to file the necessary Decennial Report with the Department of State’s Corporation Bureau.
In the event this requirement is not met and a report is not filed by December 31, 2011, while the business shall continue to exist under Pennsylvania law, the business will no longer have exclusive use of its name. In that instance the name of the business then becomes available as of January 1, 2012 for use by any other company or association registered to do business in the Commonwealth which may request it.
Consequently, in order to make certain that a business maintains exclusive use of its name, a review of its filings with the Department of State may be necessary. Barley Snyder can assist with this review, the filing of the Decennial Report and other corporate compliance matters. For more information on the Decennial reporting requirements or for assistance with corporate compliance, contact Sarah Rubright McCahon, at 610-898-7168 or smccahon@barley.com.
