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.

Why Convert Your Tax Status from S-Corp to C-Corp By Jeremy Reed Monday, May 16, 2016 why convert your status from s corp to c corpThe most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income... Read More
What Is a Banking Resolution Document? By Devin Scott Tuesday, May 10, 2016 what is a banking resolution documentAt the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a 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
An Easier Way to Pay Delaware LLC/LP Franchise Taxes By Amy Fountain Monday, May 9, 2016 pay delaware llc franchise taxEven if we are not your Registered Agent, you can still use our system to pay your Delaware Franchise Tax. We are excited to announce that in an effort to improve our clients’ user experience, it is now possible to submit annual Franchise Tax payments for multiple LLCs and Limited Partnerships in a single transaction... Read More
Keep your Delaware LLC or Corporation in Compliance By Devin Scott Monday, May 2, 2016 keep your Delaware LLC or corporation in complianceFor companies that operate in Delaware in a brick-and-mortar business, home business or online business, there are additional requirements to maintain compliance, such as business licenses or permits... Read More
Anatomy of an S Corporation [INFOGRAPHIC] By Veselin Ganev, Meri Weiss Tuesday, April 26, 2016 s corporation structureEverything you need to know about an S Corporation, in our simple Anatomy of an S Corporation [INFOGRAPHIC]... Read More
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell, Devin Scott, Meri Weiss Monday, April 25, 2016 There are no owners nor shareholders in a non-profit but there are owners in a benefit corporation. A non-profit serves a public purpose & doesn't profit... Read More
4 Common and Avoidable Start-Up Mistakes By Andrew Millman Tuesday, April 19, 2016 4 Common and Avoidable Start-Up MistakesStart-up founders make a lot of mistakes, but you don’t have to, if you learn from these 4 common and avoidable start-up mistakes | Incorporate in Delaware.. Read More
What Does Service of Process Mean? By Meri Weiss Monday, April 18, 2016 what does service of process meanIf you own a Delaware corporation, LLC, LP or other business entity, you should familiarize yourself with the term “service of process.”.. Read More
What Is an LLC Operating Agreement? [with templates] By Brett Melson Tuesday, April 12, 2016 what is an llc operating agreement?The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
Do I Need a Business License? | Business License Info By Meri Weiss Monday, April 11, 2016 /blog/images/img/business license vector.jpgNo 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