About Corporations

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

Adding and Removing Directors on a Board By Brett Melson Monday, October 5, 2026 In short, and as discussed here, Delaware’s General Corporation Law provides that shareholders are ultimately responsible for appointment and removal of Directors, with the mechanics and processes relating to the vote, removal, and replacement ordinarily set forth in the corporation’s bylaws... Read More
How to Start an S Corporation in 3 Steps By Rick Bell Tuesday, September 29, 2026 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
What is a Banking Resolution? By Devin Scott Monday, August 10, 2026 what is a banking resolution documentAt 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
Understanding Executive Committees in Delaware Corporations By Jarrod Melson, Esq. Monday, August 3, 2026 Executive CommDiscover 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
What Business Owners Should Know About the S Corporation Election By Brett Melson Tuesday, July 28, 2026 S CorpAn 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
C-Corp Tax Status for General Corporations By Justin Damiani Tuesday, July 7, 2026 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
How a Dual Class Share Structure Affects Shareholder Voting Rights By Brett Melson Monday, July 6, 2026 In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
Calling and Holding a Board Meeting in a Delaware Corporation By Brett Melson Monday, June 22, 2026 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
Beginner's Guide to Starting a Corporation in Delaware By Rick Bell Tuesday, June 16, 2026 Starting a Delaware CorporationAnyone 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
Advantages of a Delaware Close Corporation By Devin Scott Tuesday, June 16, 2026 advantages of a close corporationA 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