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 the Role of Officers in a Delaware Corporation? By Brett Melson Monday, May 8, 2017 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
Delaware Corporation Directors Cannot Be Undisclosed By Rick Bell Tuesday, April 18, 2017 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 General Corporation Structure By Rick Bell Tuesday, January 31, 2017 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
What Does It Mean to Be a Shareholder in a Corporation? By Brett Melson Monday, December 12, 2016 what does it mean to be a shareholder in a corporationA 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
How to Fix Business Mistakes in a Delaware Corporation By Brett Melson Monday, September 19, 2016 how to fix business mistakes in a delaware corporationDrafting 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
Company Structure: Corporation By Brett Melson Monday, July 18, 2016 what is the structure of a corporationThe Delaware General Corporation Law is flexible with respect to the type and number of officers a Delaware corporation must appoint. The applicable portion of the Delaware Corporation Law provides that a Delaware corporation shall have “such officers with such titles and duties as shall be stated in the bylaws or in a resolution of the Board of Directors which is not inconsistent with the bylaws.”.. Read More
How to Close a Company By Brett Melson Monday, November 30, 2015 how to close a Delaware companyDo you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
How to Run a Shareholder Meeting By Jeremy Reed Tuesday, October 27, 2015 how to run a shareholder meetingDelaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation... Read More
Change Your Company’s Number of Authorized Shares By Devin Scott Monday, October 26, 2015 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
What Is Stock? By Brett Melson Monday, October 5, 2015 what is stockStock represents an equity ownership in an entity, and normally, with certain exceptions, is given in exchange for a paid-in capital contribution to a business. Ownership of stock does not entitle the holder to specific property or assets of the company, but rather, provides the holder with a share of the entity’s profits and gains, normally through the receipt of dividends... Read More