About Corporations

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

What Is a Certificate of Incumbency? By HBS Monday, September 19, 2022 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
Perpetual Existence for Corporations By HBS Tuesday, September 6, 2022 A corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist... Read More
What Is a Non-Stock Corporation? By Paul Sponaugle Monday, June 13, 2022 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
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Monday, May 16, 2022 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
What Is The Role of a President of a Corporation? By Michael Bell Monday, April 11, 2022 what does the president of a company doThe person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well... Read More
Who are Officers in a Delaware Corporation and What Is Their Role? By Brett Melson Tuesday, March 15, 2022 What do Officers in a Delaware Corporation doDelaware law mandates that an officer of the corporation must be an individual and cannot be another entity; however, Delaware does not have restrictions in place about who can serve as an officer in a corporation... Read More
Is an LLC a corporation? What's the Difference? By Rick Bell Sunday, March 13, 2022 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
Delaware Corporation Directors Cannot Be Undisclosed By Rick Bell Tuesday, February 8, 2022 can board of directors be anonymousOn the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer... Read More
Delaware Timetable for Dissolving Your Corporation By HBS Monday, November 29, 2021 Corp DissolutionWhen it comes time to file a Certificate of Dissolution, you may file the documentation with the Delaware Secretary of State directly or you may request that Harvard Business Services, Inc. assists you. Harvard can dissolve your corporation within 3-5 business days... Read More
Delaware General Corporation Structure By Rick Bell Tuesday, November 9, 2021 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