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.

Who Can Be a Member of an LLC? By
who can be a member of an llc
Anyone in the world can be a member of a Delaware LLC or corporation. Generally, the members of an LLC are individuals, but it doesn’t stop there. Many people opt to set up the Delaware LLC with another company as the member. This can be a corporation, LP or even another Delaware LLC... Read More
Why Delaware Corporate Law Matters So Much By
It’s a fact that Delaware is the Incorporation Capital of the World, but how has Delaware’s corporate law affected the business world, and why?.. Read More
What Is a Conformed Signature? By
what is a conformed signature
A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures... 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
What Is a Resale Certificate? By
what is a resale certificate
The purpose of a resale certificate--also known as a tax exemption certificate--is to allow you to buy goods through your business without paying local sales tax... Read More
What to Consider When Naming a Company By
what to consider when naming a company
We can check the company name for any Delaware startup, and typically receive a definitive answer on whether or not it contains any restricted words and if the proposed company name will get approved by the Delaware Division of Corporations... Read More
Change Your Business Name with the IRS By
change your business name with the IRS
Under most circumstances, changing your business name with the IRS will not require a new EIN—though it will require an EIN name change. To make this determination, see IRS Publication 1635... Read More
Should You File a New Company by Yourself? Infographic By
file a company myself or use a formation service
Should you file your startup company by yourself or use a business formation service? Here are the pros and cons of each... Read More
Company Formation Documents, Defined By
company formation documents
When you file a General, Close, Public Benefit or Non-Profit Corporation, you receive a Certificate of Incorporation, which contains the Articles of Incorporation. The Certificate of Incorporation is evidence that a corporation has been filed with the state of Delaware... Read More
Operating a Delaware Company in Nevada By
how to operate a delaware company in nevada
A Delaware company doing business in the state of Nevada is considered a foreign entity and must file for Foreign Qualification, which is not difficult but is necessary to stay in compliance... Read More