Certificate of Formation and the Role of the Organizer
Monday, December 9, 2024
A Delaware LLC authorized person plays a role in the launch of the business. Read about the Certificate of Formation and an LLC organizer’s responsibilities.... Continue Reading
Posted In: About LLCs
Calling and Holding a Board Meeting in a Delaware Corporation
Tuesday, December 3, 2024
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.... Continue Reading
Posted In: About Corporations
Can I Convert a Corporation to an LLC?
Monday, November 18, 2024
A Delaware LLC structure is more flexible than a corporation, as an LLC Operating Agreement may contain provisions and terms that would not be permissible in the context of a Delaware corporation.... Continue Reading
Posted In: Business Strategies
Eight Principles for Taking Corporate Meeting Minutes
Tuesday, October 1, 2024
Maintaining consistent, quality minutes is a task easily overlooked in many companies. Corporate meeting minutes represent the definitive, record of the matters the board discussed or otherwise considered at its meetings.... Continue Reading
Posted In: Business Strategies
LLC Transfer of Interests
Monday, September 30, 2024
In Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only.... Continue Reading
Posted In: About LLCs
Converting an LLC to a Series LLC
Monday, September 23, 2024
It's possible to convert an LLC to a series LLC. Here's how the process works & when/why you should consider this change. | File a Delaware LLC today.... Continue Reading
Posted In: About LLCs
Delaware Secretary of State Report 2023: Key Highlights and Insights
Tuesday, September 10, 2024
2023 had several records and milestones for corporate growth in Delaware. Read some of the highlights from the 2023 Delaware Secretary of State Report.... Continue Reading
Posted In: Business Strategies
Updating Your Company Name? Here’s How to Do It Right
Monday, August 19, 2024
Learn how to easily change a company’s name. We'll help you file a Certificate of Amendment, which alters your company name quickly and painlessly with the state.... Continue Reading
Posted In: Business Strategies
Understanding FinCEN's Inactive Company Definition
Tuesday, August 13, 2024
Confused about FinCEN's BOI reporting requirements? Learn the 6 key criteria that define an inactive company exempt from filing. Don't risk penalties - discover if your business qualifies and get expert guidance on ensuring compliance with the Corporate Transparency Act.... Continue Reading
Posted In: Compliance
Managing Ownership Changes for Your Delaware LLC
Tuesday, August 6, 2024
Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC.... Continue Reading
Posted In: About LLCs
Updating Your Beneficial Ownership Report
Tuesday, July 30, 2024
Learn about scenarios where your company will need to submit a change to its Beneficial Ownership Report after the report has already been submitted.... Continue Reading
Posted In: Corporate Transparency Act
Does the IRS Make Company and Tax ID Information Public?
Monday, July 8, 2024
The IRS releases very little information to the public and takes privacy and confidentiality of personal and business tax-related info very seriously. Only a Responsible Party, an officer of a corporation, partner in a partnership, or general partner of a limited partnership can call the IRS and retrieve an EIN.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
6 Questions to Ask Before Joining a Board of Directors
Tuesday, July 2, 2024
Serving on a corporate Board of Directors is not easy and there are questions a person who is asked to serve as a Director should consider before committing to the position.... Continue Reading
Posted In: Business Strategies
LLC Tax Status Options
Monday, July 1, 2024
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election... Continue Reading
Posted In: About LLCs
When Is a “Doing Business As” Name Required?
Tuesday, June 25, 2024
When a company executes contracts or otherwise acts in a legal capacity under a different name, a DBA is appropriate. Alternatively, abbreviating Brett’s Diner LLC as “Brett’s” on flyers and in marketing materials should not typically raise an issue.... Continue Reading
Posted In: Entrepreneurs & Start-Ups