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

LLC Tax Status Options By
LLC Tax
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election.. Read More
When Is a “Doing Business As” Name Required? By
When a company executes contracts or otherwise acts in a legal capacity under a different name, a DBA is appropriate. Alternatively, abbreviating Brett’s Diner LLC as “Brett’s” on flyers and in marketing materials should not typically raise an issue... Read More
Is Reserving a Company Name Necessary? By
Is reserving a company name required? New business owners can put their preferred business name on hold if they need to delay the formation process... Read More
What is a FinCEN Identifier (FinCEN ID)? By Discover how the Corporate Transparency Act (CTA) impacts your business reporting requirements. Learn about the benefits of using a FinCEN ID to protect your personal information and streamline the filing process. Get essential insights on Delaware formations and ensure your compliance with ease. Don't miss out on crucial information for entities formed in 2024. Click now to read our latest blog and simplify your FinCEN filings... Read More
Plan Your Delaware Company’s Business Start Date By
Effective Date
Would you like to set your new Delaware company’s business start date? Maybe you want to register a Delaware company with an effective date of your son or daughter’s birthday or on your wedding anniversary date. If it’s close to the end of the year, you may even prefer an effective date of January 1. In Delaware, an LLC’s Certificate of Formation or a Corporation’s Certificate of Incorporation can be filed with an effective date and even an effective time... Read More
Is an LLC a corporation? What's the Difference? By
is an llc a corporation
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
What Is a Non-Stock Corporation? By
what is a non-stock corporation?
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic... Read More
Requirements for a Company Seal By
Company Seal Requirements
Many companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company... Read More
Board Requirements for Seeking Expert Advice By
Directors often rely on experts in making decisions, to comply with their fiduciary duty of care in becoming adequately informed. This article discusses when a director may successfully claim reliance on experts in avoiding liability for a breach of his or her fiduciary duty of care... Read More
Preserving Family Business Ownership with a Delaware LLC By
llc operating agreement for a family business
A Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More