About Corporations

Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.

Delaware Corporation Directors Cannot Be Undisclosed By Rick Bell Tuesday, February 8, 2022 can board of directors be anonymousOn the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer... Read More
Delaware Timetable for Dissolving Your Corporation By HBS Monday, November 29, 2021 Corp DissolutionWhen it comes time to file a Certificate of Dissolution, you may file the documentation with the Delaware Secretary of State directly or you may request that Harvard Business Services, Inc. assists you. Harvard can dissolve your corporation within 3-5 business days... Read More
Emergency: How Do I Get My Corporation Back in Good Standing? By HBS Monday, June 21, 2021 Good Standing IssuesIf you find that your Delaware corporation has a Cease Good Standing status, you can get your company back into Good Standing by getting current on taxes and fees. If your company has gone VOID in Delaware, a Certificate of Renewel is needed, as well... Read More
How to Close a Company By Brett Melson Tuesday, February 16, 2021 how to close a Delaware companyDo you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
How a Dual Class Share Structure Affects Shareholder Voting Rights By Brett Melson Monday, January 4, 2021 In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
How to Run a Shareholder Meeting By Jeremy Reed Tuesday, April 7, 2020 how to run a shareholder meetingDelaware 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
How to Remove an Officer in a Delaware Corporation By Brett Melson Monday, January 20, 2020 officersThe steps to remove an officer are fairly straightforward. First, you want to review your Certificate of Incorporation and bylaws. Any process that addresses removing officers is likely included in the bylaws. Second, you will also need to review the officer’s employment agreement, the terms of any equity incentive grants (e.g., options, warrants, etc.), and any other agreements with or relating to the officer’s employment or duties to determine whether any notice, timing, cash-out, or acceleration provisions, among others, may affect the process... Read More
Owning Stock and Being a Shareholder in a Corporation By Brett Melson Monday, December 16, 2019 what does it mean to be a shareholder in a corporationA shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More
How Important is Corporate Indemnification? By Brett Melson Tuesday, April 16, 2019 what does Corporate Indemnification meanIn a corporation, the scope of indemnification can vary, depending upon the terms of the corporation’s charter and bylaws, but only within certain parameters prescribed by the Delaware corporate law and judicial precedent... Read More
Authorizing Shares for Your Delaware Corporation By Paul Sponaugle Tuesday, November 13, 2018 authorizing shares for your delaware corporationNow that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?".. Read More