The HBS Blog

The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.

The Delaware General Corporation Law is flexible with respect to the type and number of officers a Delaware corporation must appoint. The applicable portion of the Delaware Corporation Law provides that a Delaware corporation shall have “such officers with such titles and duties as shall be stated in the bylaws or in a resolution of the Board of Directors which is not inconsistent with the bylaws.”.. Read More

The Delaware Corporate Law structure does not impose restrictions on foreign ownership or management. It also does not require a Delaware LLC to maintain any physical presence in the state of Delaware other than a Registered Office and Registered Agent... Read More

Delaware LLC ownership interest can be shown via percentages or membership units. An Operating Agreement can dictate classes of ownership & voting power... Read More

If your corporation or LLC generates income or maintains tangible property in California, you are doing business there... Read More

In general, when you hear about entrepreneurs starting a new business, people tend to think of a storefront, office space or even a warehouse. Entrepreneurs usually rent a space and begin setting up shop for the sales or service that they provide. This is very common, but may not be cost efficient for some businesses... Read More

Harvard Business Services, Inc.'s mail forwarding services are, to put it bluntly, the best in the business. Here's how it works: your incoming mail is addressed to your company's name at our Delaware mailing address (which does not include annoying add-ons like a suite number or a private mailbox number)... Read More

The key differences include why each operates, company structure, where profits go & progress reporting, among others... Read More

Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More

Once you have set up a Delaware Exempt corporation—also known as a non-profit corporation—you will need to file an application for non-profit status with the IRS. Part of your application should include your non-profit corporation’s mission statement. The mission statement is generally a statement of what your organization wants and aims to accomplish... Read More

If you forgot to pay your Franchise Tax, your company may not be in good standing. Here's what to do, from the Delaware Franchise Tax experts... Read More

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