A Benefit Corporation, or B-Corp, is a type of for-profit corporation that provides the highest standard of social and environmental transparency, accountability and corporate purpose. Recently New Hampshire passed legislation allowing B-Corps. If you’d like to know more about the potential advantages of a B-Corp, register now for a free workshop, Understanding a Benefit Corporation or B-Corp, Wednesday, September 17th, 12:00 – 1:00 pm, at the Hannah Grimes Center.
Status as a B-Corp mandates that company directors consider society and environmental good as well as profits, in their decision making.Traditional corporations contrast with B-Corps in that their officers have a fiduciary duty to maximize shareholder wealth (period!). Reasons a company might register as a B-Corp include marketing purposes or protecting the founder/company’s social mission. Standard corporate taxation generally applies to a B-Corp.
Interested in learning more about becoming a B-Corp? Join Alisa Andrews, Esq. of the Law offices of Pamela P. Little, PLLC, at Hannah Grimes for a discussion on B-Corp status availability in New Hampshire and legal highlights on turning your corporation into a Benefit Corporation.
The workshop is free but registration is required. Click here to register today!