When starting a Delaware company, you can have an immediate business start date or start on January 1st. Read Justin's explanation on the pros and cons of starting your new company with delayed official start date otherwise known as "future effective date".... Continue Reading
Posted In: Business Strategies
A Delaware tax professional is not necessary if your business operates exclusively outside of Delaware. Find a tax professional that’s right for your business.... Continue Reading
Posted In: Business Strategies
Learn about the Long Form Certificate of Good Standing & how it differs from the regular one. Get your Delaware Certificate of Good Standing with HBS today.... Continue Reading
Posted In: Business Strategies
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.... Continue Reading
Posted In: Business Strategies
Learn about the U.S. Small Business Administration (SBA) 504 loan program before you start a company. Read about requirements, terms of use & more.... Continue Reading
Posted In: Business Strategies
If you formed a Delaware company, you can open a company bank account entirely online or in-person. Harvard Business Services can provide you with approved Delaware formation documents and an EIN number, so you are ready, whether you choose a traditional brick and mortar bank or an online financial services company.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Obtaining your company EIN is an essential step towards starting your new business. Here are a few necessary documents needed to complete the process.... Continue Reading
Posted In: Compliance
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.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
As of April 4, 2022, the federal government has eliminated the use of the DUNS number, and is now using the Unique Entity Identifier (UEI). To apply for government contracts or grants, obtain a Unique Entity Identifier (UEI), as the DUNS Number is no longer valid for federal award identification.... Continue Reading
Posted In: Business Strategies
Perhaps you’re forming a new Delaware Corporation under the name, Jones Financial Services Inc. and the name is not available in Delaware. A slight alteration to the entity name such as Jones Financial Group Inc. or Jones Financial Solutions Inc. may be successful.... Continue Reading
Posted In: Business Strategies
Would you like to set your new Delaware company’s business start date? Maybe you want to register a Delaware company with an effective date of your son or daughter’s birthday or on your wedding anniversary date. If it’s close to the end of the year, you may even prefer an effective date of January 1. In Delaware, an LLC’s Certificate of Formation or a Corporation’s Certificate of Incorporation can be filed with an effective date and even an effective time.... Continue Reading
Posted In: Business Strategies
Would you like to set your new Delaware company’s business start date? Maybe you want to register a Delaware company with an effective date of your son or daughter’s birthday or on your wedding anniversary date. If it’s close to the end of the year, you may even prefer an effective date of January 1. In Delaware, an LLC’s Certificate of Formation or a Corporation’s Certificate of Incorporation can be filed with an effective date and even an effective time.... Continue Reading
Posted In: Business Strategies
At Harvard Business Services, Inc. (HBS), a growing number of our clients are forming new Delaware companies for the purpose of creating an ecommerce platform that uses drop shipping as its method. A retail business that does not keep the products it sells in stock, drop shipping companies are popular among both our domestic and non-U.S. clients. With a wide range of products, drop shipping companies have significant advantages in the long run.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
We've developed a Delaware Franchise Tax Calculator to help you understand and plan for how much you'll likely need to pay in taxes for your Delaware business. Delaware's taxation structure has different tiers for LLCs, non-profit corporations and for-profit corporations.... Continue Reading
Posted In: About Franchise Tax
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.... Continue Reading
Posted In: About LLCs