Letter from the President of Harvard Business Services
Dear Harvard Clients,
First, I would like to thank each and every one of you for choosing us as your Delaware Registered Agent. I am writing this letter to keep you all informed of what Harvard Business Services as a company is doing during the COVID-19 pandemic. We understand this is a trying time for everyone in the world and we -- like everyone else -- hope this ends soon.
What have we done as a company? Over the last two weeks, our Information Technology (IT) team has expanded our company’s overall capacity to work remotely. If every single one of our team members must work from home, our company is able to continue to offer all products and services, and maintain the same high standards to which you are accustomed.
Are we in the office or working remotely? This week, we have asked all of our employees to work from home and everything should operate as normal with no delay in our ability to operate as a company. The only limitations you may see are from the Internal Revenue Service (IRS) in providing Tax ID Numbers (EIN) or courier shipments from USPS/UPS/FedEX/DHL, as they are receiving high volume requests from the Federal Government.
Will Harvard close its offices? No, we have been designated an essential service by the State of Delaware and we will keep our office open to accept Service of Process and handle client services and new formations. All of our services are available at this time and we expect to maintain the high level of service expected by all of our clients.
Are there any limitations with our website for submitting a New Company Formation or making annual payments for Franchise Taxes, Registered Agent fees, or Mail Forwarding fees? No. In fact, our website and Account Login are fully functional and accepting payments for everything. In addition, we are now offering you the convenience of forming new companies from your account in “My Control Desk” (MCD) including pre-filling your current address information automatically. This is the fastest way for you to form a new company. To form new companies this way, log in to your account, go to your Dashboard and then select Self Service and Form a new company. It’s just that easy.
What is the State of Delaware doing during this time? We have been informed that the State of Delaware is continuing to operate fully staffed from their offices as normal. They will not shut down.
Is LLC Franchise Tax still due by June 1? We have spoken with the Deputy Secretary of State for the Delaware Division of Corporations regarding Franchise Tax for Limited Liability Companies (LLC) and the deadline is still June 1, 2020. As of now, they are not considering extending that deadline. If your company is an LLC, the annual Delaware Franchise Tax is still due on or by June 1, 2020, as usual.
From my point of view, we have very few limitations at this time as a company, and we will continue to operate during this pandemic to service our clients. We hope that you and your families are staying safe, and we hope that this helps to provide you some relief during this trying time. If you have any questions we are here to assist.
Sincerely,
Michael J. Bell
President
*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nothing in this article constitutes legal or tax advice. This article provides general commentary on, and analysis of, the subject addressed. We strongly advise that you consult an attorney or tax professional to receive legal or tax guidance tailored to your specific circumstances. Any action taken or not taken based on this article is at your own risk. If an article cites or provides a link to third-party sources or websites, Harvard Business Services, Inc. is not responsible for and makes no representations regarding such source’s content or accuracy. Opinions expressed in this article do not necessarily reflect those of Harvard Business Services, Inc.