Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
An S Corp is a federal tax election, not a standalone business structure. To start an S Corp, first form a corporation, file IRS Form 2553, and stay current with ongoing compliance requirements. Harvard Business Services can help establish the underlying corporation and provide Registered Agent service... Read More
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate 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
Discover how Delaware corporations use executive committees to streamline decision-making. This guide explores their legal basis, powers, structure, and oversight—essential for any board seeking flexibility without compromising fiduciary duties... Read More
An S corporation is not a separate Delaware business entity, but a federal tax election. Learn about scenarios where you might want to elect this status... Read More
Discover the power of C-Corp tax status for your Delaware General Corporation. Learn why this popular choice offers unparalleled flexibility for investors, growth potential, and tax advantages. Uncover the key differences between entity types and tax statuses to make informed decisions for your business. Harvard Business Services, Inc. guides you through the intricacies of forming a Delaware Corporation with expert insights and personalized support... Read More
Learn about the rulings surrounding corporate board meetings and their relationship with the corporation’s bylaws. Read part 1 of our 2-part blog series today... Read More
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