About Corporations
Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
Understanding the Role of a Certificate of Incumbency
By
HBS
Tuesday, October 29, 2024
The Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office... Read More
The Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office... Read More
Delaware General Corporation Structure
By
Rick Bell
Tuesday, October 22, 2024
The Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally... Read More
The Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally... Read More
C-Corp Tax Status for General Corporations
By
Justin Damiani
Tuesday, October 15, 2024
Discover the power of C-Corp tax status for your Delaware General Corporation. Learn why this popular choice offers unparalleled flexibility for investors, growth potential, and tax advantages. Uncover the key differences between entity types and tax statuses to make informed decisions for your business. Harvard Business Services, Inc. guides you through the intricacies of forming a Delaware Corporation with expert insights and personalized support... Read More
Discover the power of C-Corp tax status for your Delaware General Corporation. Learn why this popular choice offers unparalleled flexibility for investors, growth potential, and tax advantages. Uncover the key differences between entity types and tax statuses to make informed decisions for your business. Harvard Business Services, Inc. guides you through the intricacies of forming a Delaware Corporation with expert insights and personalized support... Read More
Change Your Company’s Number of Authorized Shares
By
Devin Scott
Tuesday, October 8, 2024
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
Non-Profit Corporation vs Public Benefit Corporation
By
Rick Bell
Monday, June 10, 2024
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
Is an LLC a corporation? What's the Difference?
By
Rick Bell
Monday, May 27, 2024
Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere.
So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More
Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere.
So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More
What Is a Non-Stock Corporation?
By
Paul Sponaugle
Tuesday, May 21, 2024
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic... Read More
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic... Read More
What Does a Corporate Secretary Do?
By
HBS
Tuesday, April 30, 2024
Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role... Read More
Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role... Read More
Delaware Blank Check Preferred Stock
By
Rick Bell
Monday, April 29, 2024
Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
My Delaware Corporation Was Voided. Now What?
By
Amy Fountain
Monday, April 8, 2024
Delaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing... Read More
Delaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing... Read More