When you organized your business, you likely chose to do so using a corporate, limited liability company, or limited partnership structure. You did this in an effort to insulate your personal assets from the liabilities of your company. Simply forming your company may not be enough to protect your assets. It is imperative that you undertake certain “corporate formalities” in order to ensure that your company is indeed treated “separately”. Some of those formalities include:
- Holding an annual meeting;
- Keeping records of those meetings (e.g. company minutes); and
- Maintaining a “company book”.
You can focus on operating your business, and let our office host your annual meeting, record your annual minutes, and maintain your “company book”. Please contact us to schedule your annual meeting.
If you are a lender or title company, please suggest that your clients contact us to discuss maintaining their company records.
