Clarification on Franchise Tax
Filed Under: Franchise Tax, HBS Announcements
Tags: Franchise Tax
As the annual franchise tax season approaches many clients become confused with the term “franchise tax”. On a daily basis we hear, “my company is not a franchise, why do I have to pay this fee?” Many people’s immediate reaction to the word “franchise” quickly congers up images of McDonalds, Subway, Burger King etc. When speaking from a corporate standpoint, think of the term franchise as the right or privilege granted to operate a company. Delaware is granting the entity the right or privilege to own/operate a company under the Delaware Corporate Law Structure, (which we know is the best in the nation!) and for that right or privilege Delaware would like compensation in return; this compensation is what we call the Delaware Franchise tax.
Title 8, Chapter 5 § 502 of the Delaware Corporate Code clearly states:
“Annually on or before March 1, every corporation now existing or hereafter incorporated under Chapter 1 of this title or which has accepted the Constitution of this State, shall make an annual franchise tax report to the Secretary of State. The report shall be made on a form designated by the Secretary of State and shall be signed by the corporation’s president, secretary, treasurer or other proper officer duly authorized so to act, or by any of its directors, or by any incorporator in the event its board of directors shall not have been elected.”
The annual franchise tax for the corporation is due on March 1st of ever year. No worries, as your registered agent we will provide plenty of notice to remind you of this deadline. The franchise tax is due even if the business didn’t conduct any activity or lost money.
We strive to make paying the franchise tax as easy as possible for you. You can pay it now, quickly and easily by using our franchise tax filing service on our website. https://www.delawareinc.com//payft/index.cfm
If you have any questions feel free to call 800 345 2677 ext 6901 or email franchisetax@delawareinc.com
Comments (0)The HBS Refer a Friend Program
Filed Under: HBS Announcements
Tags: Refer a Friend Program
Here at Harvard Business Services, Inc we focus and try to be the very best at what we do. Our specialty is the formation and annual maintenance for the Delaware entities and we are consistently striving to improve. We truly pride ourselves on listening to our clients needs and getting the job done right the first time. An interesting statistic that I feel speaks volumes about our company and the level of customer service we provide is that over 50% of our new formations come from repeat clients and referrals. To all that refer a client to us, we will not let you down. As a thank you we are escalating our refer a friend program through the end of 2009.
We know that the holiday season is approaching and who doesn’t need some extra holiday cheer? So we would like to offer a little something extra to those who send referrals our way from now through December 31st. Instead of your normal $15 referral we are happy to offer a $25 referral payout for any new formation you send our way! In addition, the person you are referring will receive $10.00 off their formation order.
Remember that you must sign up for the Refer A Friend program at https://www.delawareinc.com/refer/ in order to be eligible. Sign up today and let the earnings begin.
How it works:
The program is free and easy to join!
- Sign-up for the program by filling out the information at https://www.delawareinc.com/refer/.
- We will then assign you a unique code that will give anyone that you would like to refer the discount.
- The person you referred will use your unique code as their discount code at the time of placing the order. This will allow us to apply their $10.00 discount and track your referral for payment purposes.
- If you have a US address you will receive your referral commission monthly by check. If you do not have a US address, you will receive your referral commission monthly by PayPal.
If you would like further information about this program please email us at sales@delawareinc.com or call 1-800-345-2677.
Comments (0)The Best Way to Form a Company
Filed Under: HBS Announcements, Videos of Interest
Tags: Incorporating, Videos of Interest
After hours of hard work at Harvard Business Services we are pleased to debut the first of our video series. Check it out!
Comments (3)At Harvard, Hablamos Español!
Filed Under: Blog Posts in Spanish, HBS Announcements, INC Knowledge
Tags: Customer Service, Entrepreneur, Spanish
At Harvard, we understand that in the United States, Hispanic-owned businesses are now growing four times faster than the national average. We are proud to be able to support this growth by assisting Hispanic entrepreneurs at a local, national, and worldwide level. Harvard Business Services is becoming a recognized name as a Spanish language service provider through our participation in local Hispanic community events. We currently have a large client base of Spanish speaking business owners throughout the US, Latin America, and Spain. We have created easy accessibility for Spanish speaking entrepreneurs looking to form their business entities.
Harvard Business Services is known for its stellar customer service, so of course our transition to include Spanish services started there. We have dedicated representatives who are standing by to assist with questions for Spanish speakers by phone. A Spanish option has been added to our phone line in order to provide fast accessibility to a Spanish speaking rep. We have found that our clients are extremely appreciative to have this option. Even though the majority of our clients speak enough English to get by, most are happy to have the option to speak in their native tongue.
The phone is not the only way to find our Spanish language services at Harvard. Our Hispanic clients can find help right online through our live chat on our home page. With one click of the mouse, clients can ask for assistance by chatting with a live representative. Earlier today I chatted with an attorney from Venezuela. He spoke English and understood it perfectly, but he was happy to have the option to chat in his native language to understand the whole idea better. We want our clients to feel comfortable before, during, and after forming their business entities. Now, having Spanish services we are able to provide that comfort level to more people worldwide.
If the communication options via phone or live chat are not the best options for a Spanish speaker, there is always the option to communicate via email. Our customer service reps are able to respond to any email inquiry, whether in English or Spanish, generally on a same day basis. All email inquiries can be sent to info@delawareinc.com and a representative will promptly respond in the corresponding language.
Having these options, along with our stellar service, create a convenience and accuracy that set us apart from the rest of our competitors. We are not going to say that we cannot accommodate our Spanish speaking clientele or that someone will get back to you by email when it is convenient for us. We are going to say “How can we help you today?”. We are here for your convenience and to make incorporating easy for you!
We are also pleased to offer our Insider’s Guide in Spanish. This guide is extremely helpful to refer to for some extra assisting in the formation process of a new business entity. To view our guide in either Spanish or English visit http://www.delawareinc.com/101/irsforms.cfm?menu_item=f
Harvard Business Services está muy orgulloso de ofrecer servicios ahora en español. Entendemos que la necesidad de estar disponibles para asistir a la comunidad Hispana existe no nada más en Estados Unidos pero también al nivel mundial. Tenemos más de 25 años constituyendo entidades y ahora contamos con servicio en español para servirle en su idioma de forma más efectiva. Para ver La Guía Privilegiada: Todo lo que debe saber antes durante y después de la constitución de una entidad comercial, visita http://www.delawareinc.com/brochure/insiders_guide_spanish.pdf Si tiene preguntas, le invitamos a llamarnos y oprimir el número 7 por servicio en español o mandaros un email al info@delawareinc.com. Estamos aquí para servirle!
Comments (0)Calling all Delaware Business Superstars
Filed Under: HBS Announcements
Tags: Contest, Delaware, Entrepreneurs
The Delaware Business Blog has a post announcing the Delaware State Chamber of Commerce 2009 Superstar Contest, check it out. You may be the next superstar! Below is an excerpt:
The Delaware State Chamber of Commerce launched the Marvin S. Gilman Superstars in Business Awards program in 1998 to recognize extraordinary small businesses and nonprofit organizations in Delaware. The winning Superstars in Business companies have been heralded as models of small business excellence, commended for their first-rate performance in such areas as strategic marketing, customer service, quality control and financial performance. They also excel as good stewards of the community, giving back and paying forward through leadership and employee involvement.
See the full post here: http://www.delawarebusinessblog.com/?p=896
To apply click, on this link: http://ssb.dscc.com/
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