Some nationwide filing services file important real estate documents. Others file SEC documents, UCC documents, and business entity documents. Many private companies take advantage of this service, outsourcing their documents for preparation or editing, and filing in appropriate jurisdictions. The service allows them to focus on activities that generate revenue, instead of working on non-productive, time-consuming activities.
One provider specialty is conducting legally required SEC filings. The US government created the EDGAR system to collect, to validate, to accept, to forward, and to index required document submissions. Sales of securities, definitive proxy statements, and annual reports are just some of the forms that a service will submit to the SEC, on behalf of the company being serviced.
Uniform Commercial Code, or UCC filings, are also provided by services. A typical UCC filing is a lien, placed upon business assets, if the business wishes to borrow money from a creditor. Most UCC forms are filed at the state or county level, and serve as public notice of a creditor's interest in certain property.
Another provider specialty is to file business entity documents. These forms and documents often concern the creation of LLCs and corporations, within any of the fifty states. At times, a service will file name changes, amendments, qualifications, dissolutions, withdrawals, and mergers.
The process for filing is usually the same, no matter what the document. A company sends its documents to a service, where the documents are edited for mistakes, like inaccurate information, or illegibility. Once edited, the documents are returned to the customer for approval, and then sent via e-file, courier, or walk-up service, to the right clerk or recorder.
Many services are focusing on the transition to e-filing. In many countries, e-file is a major government initiative, to both cut costs and increase accuracy. Companies who e-file save on courier and express mail costs, and documents that are e-filed never leave the service's offices. This means that documents are not lost or damaged in transit, and that companies will find out right away if documents were accepted for recording.
In every state, nationwide filing services both prepare, and then record, important documents. Some providers offer document tracking, so that companies are notified when their forms have expired, or need to be re-filed. SEC filings, UCC filings, business entity filings, real estate filings, and trademark registrations, are all prepared and recorded by these services. Their work keeps companies focused on generating revenue, and not on tiresome paper-pushing.
One provider specialty is conducting legally required SEC filings. The US government created the EDGAR system to collect, to validate, to accept, to forward, and to index required document submissions. Sales of securities, definitive proxy statements, and annual reports are just some of the forms that a service will submit to the SEC, on behalf of the company being serviced.
Uniform Commercial Code, or UCC filings, are also provided by services. A typical UCC filing is a lien, placed upon business assets, if the business wishes to borrow money from a creditor. Most UCC forms are filed at the state or county level, and serve as public notice of a creditor's interest in certain property.
Another provider specialty is to file business entity documents. These forms and documents often concern the creation of LLCs and corporations, within any of the fifty states. At times, a service will file name changes, amendments, qualifications, dissolutions, withdrawals, and mergers.
The process for filing is usually the same, no matter what the document. A company sends its documents to a service, where the documents are edited for mistakes, like inaccurate information, or illegibility. Once edited, the documents are returned to the customer for approval, and then sent via e-file, courier, or walk-up service, to the right clerk or recorder.
Many services are focusing on the transition to e-filing. In many countries, e-file is a major government initiative, to both cut costs and increase accuracy. Companies who e-file save on courier and express mail costs, and documents that are e-filed never leave the service's offices. This means that documents are not lost or damaged in transit, and that companies will find out right away if documents were accepted for recording.
In every state, nationwide filing services both prepare, and then record, important documents. Some providers offer document tracking, so that companies are notified when their forms have expired, or need to be re-filed. SEC filings, UCC filings, business entity filings, real estate filings, and trademark registrations, are all prepared and recorded by these services. Their work keeps companies focused on generating revenue, and not on tiresome paper-pushing.
About the Author:
Looking to find the single source of helpful information on nationwide filing services?
No comments:
Post a Comment