Posted by brett

Here are my most recent posts

An Important Alert for All Delaware Corporations

A bogus solicitation was recently sent to numerous Delaware corporations directing the company to send them money for their Delaware corporation compliance. These solicitations are coming from a company calling itself “Corporate Records Service” and informs the Delaware corporations that a $125 payment is needed in order to complete meeting minutes on behalf of the [...]

Posted by Brett Melson on Tuesday, February 26th, 2013
Posted in Delaware, HBS Announcements
Tags: Delaware, Delaware Division of Corporations, HBS Announcements

Obtaining a Tax Id Number for a Delaware LLC

Once a Delaware LLC has the Certificate of Formation stamped and approved by the State of Delaware, the next natural step is to obtain a Federal Tax Id Number, also known as an EIN number, from the IRS. An SS-4 form is completed and submitted to the IRS in order to generate the tax id [...]

Posted by Brett Melson on Tuesday, January 29th, 2013
Posted in Delaware, Limited Liability Company
Tags: Delaware, Limited Liability Company, Tax ID Number

Delaware BBB Rating for Harvard Business Services: A+

Harvard Business Services, founded in 1981, takes great pride in our stellar reputation for the creation of Delaware LLC’s, Delaware Corporations and the guaranteed $50 a year Delaware Registered Agent Service. Accredited by the Better Business Bureau since 1998, HBS has no complaints filed with the BBB, unlike some of our competitors who have well [...]

Posted by Brett Melson on Monday, January 21st, 2013
Posted in HBS Announcements
Tags: HBS Announcements

What is Stock and What Does it Mean to Own Stock?

Stock represents an equity ownership in an entity, and normally, with certain exceptions, is given in exchange for a paid-in capital contribution to a business.  Ownership of stock does not entitle the holder to specific property or assets of the company, but, rather, provides the holder with a share of the entity’s profits and gains, [...]

Posted by Brett Melson on Monday, December 17th, 2012
Posted in Q&A, Stock
Tags: Question and Answer, Stock

Delaware Ranked #1 Again for Corporate Law

The 2012 State Liability Systems Ranking study conducted by Harris Interactive has just been released and Delaware is again ranked first among all fifty states.  The study was conducted to assess how fair and reasonable the states’ tort liability systems are perceived to be by U.S. businesses.  Delaware has achieved the top spot since the [...]

Posted by Brett Melson on Monday, October 29th, 2012
Posted in Delaware, HBS Announcements
Tags: Delaware, HBS Announcements

The Delaware Series LLC

The Delaware LLC laws allow for the creation of a very interesting and unique entity, the Series LLC. The Delaware Series LLC garnishes a lot of interest from clients because each series is treated as a separate entity, meaning the debts, liabilities, obligations and expenses of one series cannot be enforced against another series of [...]

Posted by Brett Melson on Monday, July 9th, 2012
Posted in Delaware, Series LLC
Tags: Delaware, Series LLC

Crowd Funding Under the JOBS Act: Promising but Uncertain: Part II

The JOBS Act dramatically changes the regulatory requirements and limitations governing the offer and sale of securities by early- and mid-stage businesses by, among other things, permitting “crowd funding,” whereby a large number of individuals make small individual contributions to provide an early-stage business with capital. Below, we discuss briefly the provisions of the JOBS [...]

Posted by Brett Melson on Wednesday, June 13th, 2012
Posted in Capital
Tags: Capital

The JOBS Act Opens The Private Placement Market: Part I

The President recently signed the Jumpstart Our Business Startups Act (known as the “JOBS Act“) with broad bipartisan support.  The JOBS Act removes restrictions on solicitation and advertising for companies seeking to raise capital in private offerings (as opposed to a costly public offering).  This change greatly expands a company’s ability to reach large numbers [...]

Posted by Brett Melson on Wednesday, June 6th, 2012
Posted in Capital
Tags: Capital, Startup

Delaware’s Governor Jack Markell Interviewed on NBC

News correspondent Chuck Todd, host of NBC’s Daily Rundown, recently interviewed Delaware’s Governor Jack Markell, discussing why Delaware is renowned as a friend to corporations. Delaware’s Governor Interview Governor Markell explained why over a million businesses, including more than half of all Fortune 500 companies, find Delaware the best place to incorporate a business.  While all [...]

Posted by Brett Melson on Friday, May 18th, 2012
Posted in Delaware, Videos of Interest
Tags: Delaware, Videos of Interest

Interesting Facts About Delaware

Delaware’s attractiveness as a corporate haven is largely because of its business-friendly corporation law.  But there’s much more to this area Thomas Jefferson called a “jewel” among the states, thus giving it one of its nicknames, “The Diamond State”. Did you know?!?!…. -Delaware is the second smallest state, with a land area of 1,948 sq. miles [...]

Posted by Brett Melson on Tuesday, May 15th, 2012
Posted in Delaware
Tags: Delaware

Delaware Division of Corporations Annual Report 2011

What State is Domicile to more than 63% of the Fortune 500 companies and is also the choice of 86% of all new Initial Public Offerings in 2011?  You’re right. Delaware! There isn’t just one reason why Delaware has long been the favored state for incorporating.  This enviable position is because of the State’s total [...]

Posted by Brett Melson on Monday, May 7th, 2012
Posted in Delaware
Tags: Delaware, Delaware Division of Corporations

Delaware Corporate Law App

It keeps getting easier to do business in Delaware!  More than 800 business leaders and attorneys have downloaded the free eDelaware app, allowing immediate access to legal statutes of Delaware corporate and alternative law.  Users of the Blackberry, iPhone and iPad will have full access to Article 8 and Article 9 of the Uniform Commercial [...]

Posted by Brett Melson on Wednesday, April 25th, 2012
Posted in Delaware
Tags: Delaware



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