The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.

My Delaware Corporation Was Voided. Now What? By
what happens if your delaware corporation is voided
Delaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing... Read More
Share:
How to Create a Second Company with the Same Name By
Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation... Read More
Share:
What Does a Corporate Secretary Do? By
what is a corporate secretary
Many 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
Share:
Do Corporate Bylaws Need to Be Signed? Here's What You Should Know By
Bylaws and Policies
Corporate bylaws are vital for outlining how a corporation operates, but they usually don’t need to be signed to be valid. Adoption by the board of directors—documented in meeting minutes or written consent—is typically enough. While some companies choose to sign bylaws for recordkeeping, most states don’t require it. The real priority is ensuring your bylaws are adopted, maintained, and followed... Read More
Share:
The Delaware Dynasty Trust By
The Delaware Dynasty Trust
The Delaware Dynasty Trust can help mitigate some of the taxes when someone passes on their assets to their heirs. Apply with a Delaware dynasty trust form... Read More
Share:
Finding a Tax Professional for Your Business By
It’s important to note that a tax professional your company decides to work with does not have to be located inside Delaware. Whether your company decides to consult with an accountant or tax expert is entirely an internal decision... Read More
Share:
Payment Terms: Holdbacks, Escrows and Earnouts By
Payment Terms
Part IV of the Selling Your Small Business series of posts discusses three features relating to the payment of the purchase price for a business: holdbacks, escrows and earnouts... Read More
Share:
Subchapter S Tax Status for a Delaware Corporation or LLC By
Subchapter S
Electing Subchapter S Status for your corporation or LLC will allow your business to save money on taxes. Find out if your Delaware business is eligible... Read More
Share:
Why Clients Want to Form a Delaware Public Benefit LLC By
/blog/images/img/pbc-llc.jpg
Clients form a Delaware Public Benefit LLC to offer a benefit to society while gaining profits. A Public Benefit LLC is ideal for the client who is interested in the custom management structure that a regular LLC provides, and whose company exists to provide a specific social good or benefit to the public and the community... Read More
Share:
Bylaws - More Important Than You Might Think By
bylaws
Bylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented... Read More
Share:
Older Entries >>