Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
Anyone can form a Delaware corporation. Find out how to start a business of your own with our beginner's guide at Harvard Business Services, Inc... Read More
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause... Read More
Par Value represents the minimum value that a company can issue shares at. Learn more about par value and how the amount is set in our blog... Read More
A shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More
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
The first requirement of every serious investor, angel investor and Venture Capitalist is the same: your company must be a Delaware C corporation before they will even consider investing in it... Read More
Drafting corporate resolutions, recording meeting minutes and tracking stock available for issuance is sometimes seen as a distraction from the company’s primary focus of pursuing its business plan and achieving its goals... Read More
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
Delaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing... Read More
Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role... Read More