While the initial step of forming your business properly is essential to protecting your business and private assets, preserving corporate formalities and meeting ongoing compliance requirements is vital to upholding the integrity of the business entity and maintaining your liability protection.
Corporate Formalities are the necessary actions a business owner takes to demonstrate personal and corporate separateness. In other words, you must treat your business like the separate entity that it is, and properly document all day-to-day business activities. While not an exhaustive list, the following are key to preserving corporate formalities:
Safe Shield Consulting provides Ongoing Compliance Management Services to assist you in safeguarding your business and protecting your personal assets. Our services include the following:
If you have any further questions about our Ongoing Compliance Management Service or our Business Formation System we encourage you to schedule a phone call with one of our experts.