About Corporations

Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.

Calling and Holding a Board Meeting in a Delaware Corporation By Brett Melson Tuesday, December 3, 2024 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
Understanding the Role of a Certificate of Incumbency By HBS Tuesday, October 29, 2024 what is a certificate of incumbencyThe Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office... Read More
Delaware General Corporation Structure By Rick Bell Tuesday, October 22, 2024 structure of a general coporationThe Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally... Read More
C-Corp Tax Status for General Corporations By Justin Damiani Tuesday, October 15, 2024 person signing documentsDiscover 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
Change Your Company’s Number of Authorized Shares By Devin Scott Tuesday, October 8, 2024 change your company's number of authorized sharesThe 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
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Monday, June 10, 2024 non-profit vs benefit corpUnlike 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
Is an LLC a corporation? What's the Difference? By Rick Bell Monday, May 27, 2024 is an llc a corporationWhy 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 Paul Sponaugle Tuesday, May 21, 2024 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
What Does a Corporate Secretary Do? By HBS Tuesday, April 30, 2024 what is a corporate secretaryMany 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
Delaware Blank Check Preferred Stock By Rick Bell Monday, April 29, 2024 delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
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