📅 2026 Update: Key Changes Impacting Business Law

Since the original article was published, several important changes have occurred in business law that may affect small business owners and entrepreneurs. The updates focus on corporate transparency, state law reforms, and filing costs. Readers can find more details in the earlier article, which continues below this section.

🏢 Corporate Transparency Act Updates

The Corporate Transparency Act underwent significant changes. As of March 26, 2025, an interim rule was issued that exempted all U.S.-formed companies from reporting beneficial ownership. This exemption became permanent on August 11, 2026.

This means that many small business owners may face fewer reporting requirements, simplifying the process of starting and running a business.

📜 State Corporate Statute Reforms

Several states made updates to their corporate laws between 2024 and 2026. For example, Delaware revised sections of its General Corporation Law through Senate Bill 21. Similarly, Nevada updated its corporate statutes with Assembly Bill 239.

These changes can impact how businesses operate within these states, potentially providing more flexibility for company management.

💰 Current Fees and Costs

Filing fees have also changed. In Delaware, the expedited filing fees now include options like One Hour Service for $1,000 and Same Day Service for $100 per document. Washington State charges $15 for each Apostille, with expedited processing available for an additional fee.

In Georgia, filing fees are non-refundable, and processing times vary based on the method of filing.

🕒 Processing Times

The processing times for various business filings have been updated as well. Delaware’s standard processing typically takes 7-10 business days. Washington State Apostille requests can take the same amount of time, but expedited processing reduces this to 2-3 business days.

Georgia has similar timelines, with online filings processed within 7-10 business days.

📌 Key Takeaways

  • 🏢 Corporate Transparency Act exemptions simplify ownership reporting.
  • 📜 State laws are being updated to allow more flexibility in business management.
  • 💰 Fees for expedited services in Delaware have risen.
  • 🕒 Processing times have been standardized across various states.
  • ✅ Understanding these changes can help small business owners stay compliant and efficient.

💡 Tips for Small Business Owners

Review the details of your situation with your attorney.

🏗️ Understand Corporate Formation Requirements

Before starting a business, know the specific requirements for corporate formation in your state. For example, Delaware allows any individual or entity to form a corporation without residency restrictions. This can be an attractive option for many entrepreneurs.

🗂️ Choose the Right Filing Method

Select the filing method that best suits your needs. In Georgia, online filings are generally faster than paper filings, which can take longer to process. Consider expedited options if time is critical for your business operations.

⏰ Plan for Processing Times

Be aware of the processing times for business filings. In Delaware, standard processing can take up to 10 days, while expedited services offer faster options. Knowing this can help in planning your business launch.

💵 Budget for Filing Fees

Make sure to budget for the various filing fees associated with forming a business. This includes costs for expedited services and Apostilles, which can vary considerably by state. Understanding these costs can help avoid unexpected expenses.

🏛️ Utilize Free Resources

Take advantage of free resources offered by state agencies. For example, the Delaware Division of Corporations provides assistance for forming and managing corporations. These resources can save time and money during the business setup process.

🏆 Business Formation Services Ranked by User Reviews (2026)

There are various services available for business formation and related legal needs. The following companies have been ranked based on Trustpilot data from October 2026. User ratings are just one aspect of customer satisfaction, as unhappy customers often leave more reviews than satisfied ones.

🥇 1. Rocket Lawyer

Rocket Lawyer holds a Trustpilot score of 4.5. It is known for its legal document creation and business formation services. Users appreciate the accessibility of legal advice, but some find that the subscription model may not be ideal for everyone.

🥈 2. Bizee

Bizee has a Trustpilot score of 4.8. It has been recognized for its business formation services and compliance offerings. Reviewers often highlight its efficiency, though there are occasional reports of unexpected charges that users should be aware of.

🥉 3. LegalZoom

LegalZoom has a Trustpilot score of 4.6. It is well-known for its business formation and registered agent services. While many users find it helpful, some have reported delays and communication issues, which could affect the overall experience.

4️⃣ LawDepot

LawDepot has a Trustpilot score of 4.0. It offers customizable legal document templates at affordable prices. However, some users have reported unexpected charges, so it’s essential to review the terms carefully.

🆓 Free Government Resources

Many state agencies provide free resources for business formation. The Delaware Division of Corporations, Washington Secretary of State, and Georgia Secretary of State all offer guidance and support for new business entities. Utilizing these resources can help streamline the formation process.

🔎 What to Compare When Choosing a Service

  • 📄 Types of services offered
  • ⏳ Processing times for filings
  • 💵 Fees for services and potential hidden costs
  • ⭐ User ratings and reviews
  • 📞 Availability of customer support

❓ Frequently Asked Questions

📄 What is the Corporate Transparency Act?

The Corporate Transparency Act requires some businesses to report their beneficial ownership information. Recent changes have exempted many U.S.-formed companies from these reporting requirements.

🌍 How do I obtain an Apostille for my documents?

To get an Apostille in Washington State, complete an Apostille Request Form and submit it with the required fee to the Secretary of State’s office. Expedited processing is available for faster service.

⏱️ What are the benefits of expedited filing?

Expedited filing can significantly reduce processing times for business formation documents. In Delaware, options like Same Day Service can allow you to have your filings processed while you wait.

📅 Are there deadlines for forming a business?

There are no specific deadlines for forming a corporation in Delaware or Georgia, but expedited services can help speed up the process if needed. It's essential to plan accordingly.

💰 What fees should I expect for business formation?

Fees for forming a business can vary by state and service. In Delaware, expedited filing fees can range from $15 to $1,000, depending on the speed of service you choose.

🏛️ Where can I find free assistance for business formation?

State agencies like the Delaware Division of Corporations and the Georgia Secretary of State offer free resources and assistance for business formation. Utilizing these can help simplify the process.

⚖️ Recent Court Cases Related to Business Law

Recent court rulings have addressed various aspects of business law, impacting how small businesses operate and comply with regulations. Understanding these rulings is essential for entrepreneurs navigating the legal landscape.

For more information, feel free to browse more rulings on the news page.

End of October 2026 Update






 



On Tuesday, the home decorating and banking icon appeared before the New York State Supreme court to defend her choice to sign a contract with J.C. Penney even though she struck up a similar deal with rival department store Macy’s. 



 

Martha Stewart Back in Court Again


“We thought, and I hope correctly so that we were allowed to engage in such an activity,” said Stewart, dressed in a brown skirt and matching dress. 



 



When asked whether the public really buys or needs to purchase two enamel casserole dishes at both the rival department stores, Stewart said: “Maybe they have two houses and need two enamel casserole dishes.”



 



J.C. Penney and Macy’s are fighting in court over whether they can both feature Martha Stewart-branded home appliances and goods in their respective department stores. 



The feud dates back to December of 2011, when J.C. Penney purchased a 16.6 percent stake in the Martha Stewart Living line. The transaction was meant to establish mini Martha Stewart stores, within J.C. Penney locations throughout the United States. As part of the agreement, J.C. Penney agreed to pay $38.5 million for its stake. 



 



However, Macy’s already had an agreement with Martha Stewart Living to produce, market and sell the line. As a result of their established agreement, Macy’s struck back by filing suits against both companies. Macy’s claimed its 2006 agreement with the Martha Stewart line gave it an exclusive license to sell and manufacture certain Stewart products, including dinnerware and bedding.



 



“Our company has invested significant sums, taken risks and endured disappointing results to rebuild the Martha Stewart brand and grow it in several product categories,” said Macy’s spokesman Jim Sluzewski. “J.C. Penney is attempting to harvest the field that was already planted and cultivated by Macy’s.”



 



Macy’s CEO Terry Lundgren took to the stand early last week to say that he was baffled when he found out that Stewart signed a deal with one of its chief rivals. “I was sick to my stomach,” he told the court. 



 



Although the hurt between Lundgren and Stewart is real, the Macy’s CEO said that the department store has no plans to remove Stewart’s brand in stores. 



 



Eight years ago, Martha Stewart severed five months in prison after being convicted on criminal charges of lying and obstructing justice to federal investigators during an insider trading probe for her role in the sale into the sale of ImClone Systems stock she owned. 



 



Meanwhile, J.C. Penney CEO Ron Johnson is busy attempting to turn J.C. Penney around; the strategies haven’t gone so well thus far as shares have plummeted nearly 50% over the past three years. 



 



 



 



Source: CNN