What Should I Do Before I Incorporate My Business?

Anthony Spallone -

Step 1  Choose the type of Delaware business entity best suited to your needs: general corporation, close corporation, non-stock corporation, limited liability company or limited partnership. To learn more about the differences among them, visit our page on the different types of Delaware entities.

If you choose a general or close corporation, you'll need to select the number of shares you want to authorize. Learn more about those choices by viewing our section on understanding your company's stock.

Step 2  Select the business formation package from Harvard Business Services, Inc. that meets your requirements: Green, Basic, Standard or Premium. Packages start at just $279, and our pre-pricedpackages include all state filing fees, Registered Agent Fees and shipping costs. Unlike some other business-formation companies, there are no hidden fees.

Clients are thrilled with our services. They have given us multiple reviews on Google+ with an average rating of 4.7 out of 5 stars.

Step 3  Select the name for your new company and the suffix that describes the type of business entity. Commonly accepted suffixes for corporations are: Incorporated (or Inc.); Corporation (or Corp.); Company (or Co.) and Limited (or Ltd.). For LLCs, the only endings permitted are LLC, L.L.C. or Limited Liability Company.

Keep in mind your company name cannot contain the words "bank," "insurance," "trust," "university" or "college."

Harvard Business Services, Inc. can check the availability of a company name in Delaware for free at your request.

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