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

Free Webinar: Understanding the Series LLC By Unlike basic LLCs, the Series LLC typically involves several inter-related entities, sometimes referred to as a “parent” LLC and multiple “child” LLCs. On top of that, there are different types of series available for Delaware LLCs that can create additional questions and issues... Read More
9 Common Franchise Tax Filing Mistakes By
common franchise tax filing mistakes
Regardless of whether you're filling your taxes directly with the state of Delaware or using our secure online payment, keep these nine common mistakes in mind... Read More
The Delaware Secretary of State By
The Delaware Secretary of State, who leads the Delaware Department of State, is appointed by the state’s Governor and is typically one of the Governor’s top advisors. The office of the secretary and the department he or she leads is located in Delaware’s capital, Dover... Read More
Banking Resolution Document - Definition and Templates 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
Validate Your Delaware Documents By
When you receive an official document from the Delaware Secretary of State, it will be printed in black ink on white paper. Even though some parties may request raised seals or color documents, these are not available and not required for Delaware document validation... Read More
Your Effective Date Affects Your Franchise Tax By
The Franchise Tax for Delaware LLCs and Delaware LPs is due on or before June 1st of each year, and the Delaware Franchise Tax and annual report for Delaware Corporations is due by March 1st each year. This cycle is triggered the second the company is officially on the books with the Delaware Secretary of State... Read More
Comparison: Uncertificated Shares vs. Certificated Shares By
This article discusses the drawbacks and dangers of using certificated shares and the effect these issues can have on a corporation’s ability to maintain an accurate and up to date stock ledger, as required by the Delaware General Corporation Law (DGCL)... Read More
When Do You Need a Business License for Your Company? By
Do I need a business license
No matter what type of business you own—whether it’s in a physical storefront or based online—and regardless if it’s a small or large company, you are going to need to obtain and maintain a business license (possibly more than one)... Read More
Perpetual Existence for Corporations By
A corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist... Read More
Filing S-Corp Status on a New Delaware Corporation By
filing a delaware corporation as an s-corp
The Subchapter S tax status, also known as an S corporation or S-Corp, is a very popular tax status for newly formed corporations. Subchapter S tax status allows for a unique taxation method whereby the profits and losses flow through the company to the shareholders... Read More