The HBS Blog

The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.

What Is a Banking Resolution Document? By
what is a banking resolution document
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included. Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting... Read More
The New Divisive Merger Provisions under Delaware Law By
mergers
Under this provision, members of a limited liability company can develop a plan to divide a business and its assets and liabilities among two or more newly-created entities, with each business continuing independently... Read More
What Is The Role of a President of a Corporation? By
what does the president of a company do
The person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well... Read More
Do I Need an EIN Number? By
EIN
Most newly-formed companies will require an Employer Identification Number, but there are exceptions. In this post, we take a look at the criteria provided by the IRS to determine if an EIN is needed... Read More
Why Incorporate in Delaware? [INFOGRAPHIC] By
why incorporate in delaware
Minimal start-up costs, the most trusted corporate case law and the most flexible corporate laws in the country are just a few of the excellent reasons to incorporate in Delaware... Read More
Asset Protection for the Sharing Economy By
Shared economy
Transferring business assets to a company draws a distinction between yourself and your business. In the event you are sued, it will be much more difficult for a plaintiff to seek compensation from your personal assets... Read More
How to Get a Tax ID Number for a Delaware LLC By
How to Get a Tax ID Number for a Delaware LLC
Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS... Read More
What Is My Business Address? By
As your registered agent, we are the liaison between your company and the state. Your business address is not the registered agent’s address, but rather your primary place of business... Read More
What is a Delaware LLC Certificate of Formation? By
delaware LLC certificate of formation
The Certificate of Formation is the document you receive from the state of Delaware once your LLC is filed and approved by the Delaware Secretary of State, Division of Corporations... Read More
Operating in Iowa with a Delaware LLC or Corporation By
Incorporating in Iowa
Harvard Business Services will prepare the application, send to you for signature, obtain the Certificate of Good Standing from Delaware and file the completed package with Iowa... Read More