About Corporations

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

Advantages of a Delaware Close Corporation By Devin Scott Tuesday, February 1, 2022 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
Banking Resolution Document - Definition and Templates By Devin Scott Tuesday, December 28, 2021 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
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
Emergency: How Do I Get My Corporation Back in Good Standing? By HBS Monday, June 21, 2021 Good Standing IssuesIf you find that your Delaware corporation has a Cease Good Standing status, you can get your company back into Good Standing by getting current on taxes and fees. If your company has gone VOID in Delaware, a Certificate of Renewel is needed, as well... Read More
How to Take Corporate Minutes By Brett Melson Monday, March 1, 2021 Delaware corporations should hold an annual meeting and take minutes. Not sure how to take corporate minutes? Here’s what you need to know... Read More
How to Close a Company By Brett Melson Tuesday, February 16, 2021 how to close a Delaware companyDo you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
How a Dual Class Share Structure Affects Shareholder Voting Rights By Brett Melson Monday, January 4, 2021 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
Get a Digital Stock Ledger for Your Delaware Corporation By Rick Bell Monday, October 5, 2020 We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced... Read More
Recorded Webinar: Delaware Corporation Basics By Michael Kupfer Monday, September 28, 2020 This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats... Read More