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
On 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...
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Delaware Timetable for Dissolving Your Corporation
By
HBS
Monday, November 29, 2021
When 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...
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Emergency: How Do I Get My Corporation Back in Good Standing?
By
HBS
Monday, June 21, 2021
If 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...
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How to Close a Company
By
Brett Melson
Tuesday, February 16, 2021
Do you want to close or cancel your Delaware LLC or corporation? Here's how...
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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...
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How to Run a Shareholder Meeting
By
Jeremy Reed
Tuesday, April 7, 2020
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...
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How to Remove an Officer in a Delaware Corporation
By
Brett Melson
Monday, January 20, 2020
The 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...
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Owning Stock and Being a Shareholder in a Corporation
By
Brett Melson
Monday, December 16, 2019
A 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...
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How Important is Corporate Indemnification?
By
Brett Melson
Tuesday, April 16, 2019
In 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...
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Authorizing Shares for Your Delaware Corporation
By
Paul Sponaugle
Tuesday, November 13, 2018
Now 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?"..
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