The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.
How to Run a Shareholder Meeting
Tuesday, October 27, 2015
Delaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation... Read More
Change Your Company’s Number of Authorized Shares
Monday, October 26, 2015
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
Dangers of Being Your Own Registered Agent
Tuesday, October 20, 2015
Every company (no matter what type of business entity) formed in Delaware is required to have a Registered Agent in this state... Read More
How to Get an ITIN Number (or EIN Number)
Tuesday, October 13, 2015
The term “ITIN” stands for Individual Tax Identification Number. Any person who needs a tax identification number but is not eligible to obtain a Social Security Number can apply for an ITIN. An ITIN is easy to identify, as it always begins with the number “9.” An ITIN does not qualify a person to legally work in the United States, nor does it provide eligibility or access to Social Security benefits. ITIN’s are issued by the Internal Revenue Service... Read More
How a Delaware LLC Can Protect Trucking Companies
Monday, October 12, 2015
If you’re in the business of moving goods from point A to point B, it's likely that the vehicle or vehicles that transport those goods are big, heavy and fast, and move among vast herds of much smaller vehicles operated by drivers with varying skills... Read More
What Is Stock?
Monday, October 5, 2015
Stock represents an equity ownership in an entity, and normally, with certain exceptions, is given in exchange for a paid-in capital contribution to a business.
Ownership of stock does not entitle the holder to specific property or assets of the company, but rather, provides the holder with a share of the entity’s profits and gains, normally through the receipt of dividends... Read More
5 Daily Tasks of Successful Entrepreneurs
Tuesday, September 29, 2015
What separates world-famous, successful entrepreneurs from Joe the Bagel Store Owner? Perhaps it’s these 5 Daily Tasks of Successful Entrepreneurs... Read More
Why Attorneys Use Harvard Business Services, Inc.
Monday, September 28, 2015
If you are an attorney or accountant, Harvard Business Services, Inc. can help you form LLCs and corporations on behalf of your clients... Read More
A Franchise Tax Payment Parable: Don’t Be Like Ike
Tuesday, September 22, 2015
One of the annual obligations a Delaware business entity must fulfill is filing and paying an annual Franchise Tax. We illustrate the difference between filing your Franchise Tax payment and letting us file it for you... Read More
Delaware, Most Corporate-Friendly State in America
Monday, September 21, 2015
The 2015 Lawsuit Climate Survey “Ranking the States: A Survey of the Fairness and Reasonableness of State Liability Systems” from the U.S. Chamber Institute for Legal Reform is out, and for the tenth year in a row, the state of Delaware was voted number one... Read More