United States

Delaware - Corporation Legal Requirement

Your company can meet the legal requirement for B Corp Certification by electing public benefit corporation status, which is the best way to ensure that the values of your company are maintained over time. Public benefit corporation is an opt-in legal status administered by the Delaware Secretary of State. Existing companies can elect to become benefit corporations by amending their governing documents. In Delaware, this amendment requires a majority vote of all shareholders. The procedure for filing amendments with the state is identical to that followed for any other corporate structures with the addition of a statement that the company is a benefit corporation and the inclusion of a specific public benefit purpose. You can learn more about adopting public benefit corporation status at the links below:

How to Become a Delaware Public Benefit Corporation

How to Create a Specific Public Benefit

Specific Public Benefit Examples

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