Important Franchise Tax Update
Filed Under: Delaware, Franchise Tax, HBS Announcements
Tags: Delaware, Franchise Tax, HBS Announcements
Effective August 1, 2010, the State of Delaware made changes that affect the annual franchise tax filing for certain types of companies.
The minimum amount due for Maximum Stock corporations (those companies that have over 5000 authorized shares) has increased. Maximum Stock corporations that file under the Assumed Par Value Capital Method will now be assessed a minimum amount due of $350. The standard $50 annual report fee will also be added to this amount due, for a new minimum amount due of $400.
The annual franchise tax fees for Non Stock corporations have also increased. Non Stock corporations will now pay $75 franchise tax, in addition to the $50 annual report fee. Therefore, the new minimum amount due for Non Stock companies will be $125.
All fee changes are effective for the 2010 franchise tax year, and will be due by March 1, 2011. Harvard Business Services will start sending reminder notices beginning in October 2010, so there will be ample opportunity to make timely payment arrangements.
As always, we can assist with the filing of the annual franchise tax report for a nominal fee for any company you may have, whether it is registered with us or not.
Harvard Business Services is always here to assist with any franchise tax questions or concerns you may have. Feel free to contact our office via email (franchisetax@delawareinc.com) or telephone 1-800-345-2677, ext. 6901 (1-302-645-7400 outside of US) and we would be glad to help.
Comments (0)Huge Savings on Our Formation Packages is Extended
Filed Under: HBS Announcements
Tags: HBS Announcements, News
Harvard Business Services, Inc. is happy to announce that we are extending our unprecedented savings on all of our formation packages. Never in our history have we offered such quality and value for such a reduced rate. We want to support the entrepreneurs and business people across America by helping them incorporate in the best state possible – Delaware.
Starting on August 1, 2010 at 9am EST, ALL of our prices on formation packages will be reduced by $30.00! Both the Domestic and International packages are included. Top quality and unsurpassed service have never been cheaper, NOW is the time to file!
- Basic Domestic Service is now $299.00
- Basic International Service is now $420.00
- Standard Domestic Service is now $399.00
- Standard International Service is now $620.00
- Premium Domestic Service is now $569.00
- Premium International Service is now $820.00
To take advantage of these savings online – simply start your order at www.delawareinc.com and enter the discount code “delaware” to apply the discount. To apply by phone – just call one of our friendly and knowledgeable incorporation specialists at 800-345-2677 and the discount will be applied to any DE Filing Package. With every filing you will receive the best agent service rate in DE at just $50.00 per year and the best lifetime customer support possible. Please call or visit us online today.
Comments (0)Announcing Huge Savings on Our Formation Packages
Filed Under: HBS Announcements
Tags: HBS Announcements, News
Harvard Business Services, Inc. is happy to celebrate July as Business Independence Month and we are offering unprecedented savings on all formations in Delaware. Never in our history have we offered such quality and value for such a reduced rate. We want to support the entrepreneurs and business people across America by helping them incorporate in the best state possible – Delaware.
Starting on July 1, 2010 at 9am EST, ALL of our prices on formation packages will be reduced by $30.00! Both the Domestic and International packages are included. Top quality and unsurpassed service have never been cheaper, NOW is the time to file!
- Basic Domestic Service is now $299.00
- Basic International Service is now $420.00
- Standard Domestic Service is now $399.00
- Standard International Service is now $620.00
- Premium Domestic Service is now $569.00
- Premium International Service is now $820.00
To take advantage of these savings online – simply start your order at www.delawareinc.com and enter the discount code “summer” to apply the discount. To apply by phone – just call one of our friendly and knowledgeable incorporation specialists at 800-345-2677 and the discount will be applied to any DE Filing Package. With every filing you will receive the best agent service rate in DE at just $50.00 per year and the best lifetime customer support possible. Please call or visit us online today.
Comments (0)How Harvard is Prepared for the Unexpected
In the recent post titled Oil Spill or Hurricane Season…Are You and Your Business Ready? we talked about keeping your business ready for an unforeseen event. In this post we will discuss a couple of things that Harvard Business Services, Inc. has done to be prepared for any disaster that could interrupt our service.
Today, global commerce moves at the speed of information. Yet as powerful as the engine of information is, it remains vulnerable to disasters caused by the forces of nature, or those wrought by human hands. Even a simple power failure can cause disruption and data loss if your systems are not protected with redundant backup systems.
Harvard Business Services, Inc. maintains the records of tens of thousands of business clients from across the U.S. and around the world, which makes it a vital link in the global flow of information. Early on, HBS assessed the potential of disruption from natural or man-made disasters and got out in front of the issue. Our arrangement with Agility Recovery Solutions is a farsighted hedge against unforeseen disasters. Within 48 hours of a disaster, Agility Recovery Solutions delivers a comprehensive package of equipment to the site, or an alternate site we have selected including a fully furnished mobile office, computer equipment, Internet access, telephone capability, power and much more.
Harvard Business Services, Inc. uses a “vault” to store backup data off site. Daily, weekly and monthly backups are stored away from Harvard’s Lewes, Delaware headquarters and secured in a private storage facility.
Even a short disruption in the power supply can be damaging and because most of our business comes from outside the state of Delaware, we need to be prepared. In the event of an electric power outage, a generator starts automatically within ten seconds. (HBS’s UPS power backup equipment keeps the information systems online during those 10 seconds.) The generator can keep our operations running for up to 14 business days without electricity with 500 gallons of fuel onsite.
Viewed in the context of the other backup plans and systems in place, HBS is well ahead of the curve in tackling the issue of preparedness, so that you can rest assured that your company data is safe secure and accessible at all times. Surveys of businesses and government statistics both show that only a small minority of companies have contingency plan and backup systems in place.
Click HERE to learn about a new website that helps businesses get prepared and plan for the unexpected.
Comments (2)Introducing Payfranchisetax.com
Filed Under: Delaware, Franchise Tax, HBS Announcements
Tags: Delaware, Franchise Tax
At Harvard Business Services we strive to make paying the Delaware franchise tax as easy as possible for you. Pay it now, quickly and easily by using our franchise tax filing service on our new website www.payfranchisetax.com. Here you will find many tools to assist you; we answer all your questions on pricing and the process.
Franchise Tax is an annual tax levied upon all Corporations and LLCs for the privilege of being incorporated in the State of Delaware. By incorporating in Delaware you gain a professional legal framework in which to operate your company. Delaware’s world-class corporate law determines your corporate governance. You have access to the Delaware Court of Chancery and you pay tax to the State of Delaware every year you are in business to maintain the life of your company. The good news is that Delaware is one of the simplest and least expensive states for franchise tax.
Check out the new site, in just a couple of minutes you will be done paying your Delaware franchise tax!
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