The New York Attorney General Office’s Department of Law (the “Department”) is the latest of the franchise registration states to announce an extension to franchise registration renewal deadlines in response to the public health emergency created by the coronavirus.
If you have at least one franchisee operating in the state of New York State, you are required to file your annual information return under a state tax law. If you have filed previously, the due date of the annual report is June 20th.
The State of New York renewed its limited exemption to its Franchise Sales Act, which will allow qualifying franchisors that are not registered with the State to participate in the June 2014 International Franchise Exposition.
Following on the heels of similar strikes in recent weeks in New York and Chicago, hundreds of St. Louis area fast food restaurant employees walked off the job May 9, which affected more than 30 area businesses including a number of fast food franchise businesses. Franchisors and franchisees should educate themselves and learn how they can and cannot legally respond to a striking workforce.
The State of New York renewed its limited exemption to its Franchise Sales Act (N.Y. Gen. Bus. L. § 680 et. seq.) (the “Act”), which will allow franchisors that are not registered with the State to participate in the International Franchise Exposition under certain circumstances.
All franchisors that have at least one franchisee operating in New York State should be aware that they must file an annual information return next month under a state tax law. This annual report is due on or before March 20th of each year.