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    • My Promise To You

      Harvard Business Services, Inc. specializes in forming Delaware companies and providing low-cost Registered Agent services. We take pride in delivering fast, impressive service to all our customers. Our experienced and knowledgeable staff will guide you through our seamless formation process. Whether you're forming your first company or your fifth, you'll appreciate our professionalism, low prices and lifetime customer service. We are always here for you; if you need help, just let us know and our friendly, professional staff will assist you. Harvard Business Services, Inc. makes the business formation process easy, so you can focus on growing your company.


      Richard H. (Rick) Bell, II
      Chairman & CEO

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Glossary

Glossary

If you're getting ready to launch a new business, chances are you know your product or service and your market like the back of your hand. But the mechanics of forming a business entity—knowing the terminology—may be more difficult to understand.

To help you sort through the terminology, Harvard Business Services, Inc. has included a comprehensive glossary to help guide you. To use the glossary, match the first letter of the term you want to look up with the alphabet list below, and click on that letter.

Of course, our team of business formation professionals is standing by to help you make informed decisions if you need more information.

A | B | C | D | E | F | G | H | I | L | M | N | O | P | Q | R | S | T | U | V | Z

Name Change Amendment -A formal filing with the Secretary of State that amends the original company name. Change your company name using our service.

Name Reservation -The act of filing an official reservation of an entity name with the Secretary of State. Names can be reserved in Delaware for free for 30 days by HARVARD.

Net Assets -Gross assets, less all expenses and taxes due.

No Par -A share with no specific monetary value given to it. The actual value of the shares is determined by the board of directors.

Nonprofit Corporation -A Corporation organized for some charitable, civic, or religious purpose that does not generate profits for its shareholders. Must apply for non-taxable status with the State and Federal Government.

Nonresident Alien -A nonresident of the U.S. can form an LLC in Delaware and can avoid paying income taxes or filing tax returns if no U.S. source income is generated and the nonresident alien spent less than 180 days in the U.S. during that tax year.

Nonstock Corporation -Same as “Nonprofit Corporation.”

A | B | C | D | E | F | G | H | I | L | M | N | O | P | Q | R | S | T | U | V | Z

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Disclaimer: Harvard Business Services, Inc. is a document filing service that provides general information. We cannot render legal or financial advice and your use of this site is subject to additional terms and conditions. HBS is not affiliated with Harvard University.

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