The HBS Blog

The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.

Delaware LLC Ownership: Units By
Delaware LLC Ownership Units
One of the key components of the Delaware LLC that makes it so popular is that the ownership, membership, management and operations of the LLC are all handled internally, via the LLC Operating Agreement... Read More
Delaware Companies for International Business Owners By
international business owner incorporate in delaware
Here’s how international business owners who live anywhere in the world can easily form a Delaware company... Read More
Delaware’s New Corporation Franchise Tax Fees By
Changes to Delaware’s Corporate Franchise Tax Fees
Franchise Tax fees for Delaware corporations are changing. The following amendments are in effect as of January 1, 2018. This means the 2018 Franchise Tax fees, which are due by March 1, 2019, will be impacted by these new laws... Read More
What Is a Banking Resolution Document? By
what is a banking resolution document
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a 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
What Does Every Startup Need? By
What Does Every Startup Need
Certain paperwork should be completed and submitted to the state of incorporation before a startup begins doing business... Read More
What Is Foreign Qualification? By
what is foreign qualification
Foreign Qualification is the process of registering your Delaware LLC or corporation, which is considered domestic to the state of Delaware and foreign to all other states, as a foreign entity in your company's home state... Read More
LLC Transfer of Interests [with templates] By
transfer interests in an llc
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... Read More
Non-Profit Corporation vs Public Benefit Corporation By
non-profit vs benefit corp
A traditional non-profit—or not-for-profit—company aims to serve a public benefit without making a profit, as defined by the IRS. If a non-profit company decides to stop doing business and dissolve, it must distribute its assets among other non-profits... Read More
How to Add a Series to a Delaware Series LLC By
how to add a series to a delaware series llc
A Series LLC is a viable option for business owners who operate multiple types of businesses—they can form a separate LLC for each aspect of their business... Read More
Certificate of Incorporation: Delaware By
Certificiate of Incorporation Delaware
One of the many benefits of forming a Delaware corporation is that the Directors’ names are not required to be listed on the Certificate of Incorporation... Read More