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

New York’s Biennial Fees for Corporations and LLCs By
Domestic and Foreign Corporations and LLCs operating in New York need to file the biennial report every other year and the report is due by the end of the anniversary month of the formation of the company... Read More
Contractual Non-Performance in the Age of Pandemic By
Work and travel restrictions, quarantines, and the slowing pace of manufacturing and distribution of goods has led to a worldwide question that applies on a scope never before contemplated – How does COVID-19 affect performance under contracts?.. Read More
The Delaware Dynasty Trust: Another Delaware Advantage By
Setting up a Delaware Dynasty Trust is something you should not attempt without top-tier legal advice. Since the purpose is mainly to protect the breakup of your interest in your company, you’ll want it to outlast legal challenges long after you’re gone... Read More
EIN Issuance – Coronavirus-Related Delays and Issues By
With very few exceptions, anyone forming a U.S. business should obtain an EIN by applying with the IRS. A newly formed business needs an EIN to open bank accounts, take out loans, hire employees, and pay taxes, among other things... Read More
How to Run a Shareholder Meeting By
how to run a shareholder meeting
Delaware 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
Where Should I Form My Company? By
If you were forming a local plumbing firm, I would say form it in your home state, but if you’re out to build a business that will be global in nature and scale up to what might now seem like a mighty dream, then Delaware is the only way to go... Read More
LLC Tax Status Options By
LLC Tax
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.. Read More
Nevada Corporate Law: Embracing the Reckless Fiduciary By
A recent Nevada Supreme Court decision held that an officer or director of a Nevada corporation can act in a grossly negligent, uninformed, careless, or even reckless manner and still not violate his or her fiduciary duty of care to the company and the shareholders... Read More
Letter from the President of Harvard Business Services By Over the last two weeks, our Information Technology (IT) team has expanded our company’s overall capacity to work remotely. If every single one of our team members must work from home, our company is able to continue to offer all products and services, and maintain the same high standards to which you are accustomed... Read More
Does the IRS Make Company and Tax ID Information Public? By
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... Read More