Most states are struggling with their states economy. States are running multi million dollar deficits. Especially hard hit are states with high unemployment rates such as California. Due to the budget shortfalls, many states are forced to cut back on personnel.
Due to the cutbacks, some states are taking longer to approve their corporate and LLC filings. California is one of the slowest to begin with but their budget problems has led to an increase in the delay of filing. They are now taking about 7-8 weeks to approve their normal non expedited filings. Arizona is takinga about the same amount of time to approve filings. Other states have seen increased wait times for approval.
Other states have implemented measures to speed up the approval process. Lousiana has made some drastic changes to increase their time frame from weeks to days.
Forming a LLC or forming a corporation soon? You can contact us and we can help you with your business filing needs.
Matt Tallam of the Oregon Daily Emerald has a great story on all the boycott talk surrounding Arizona because of the contraversial law, SB 1070. In his article he is urging people not to boycott Arizona business as they did not pass the law and most businesses are highly against it. The logic behind not boycotting Arizona business is that it's hard on the businesses especially in these economic times. To read the the story be sure to visit the Oregon Daily Emerald.