Entity Maintenance Program Info Sheet

Our entity support service helps you navigate the nuances and challenges of establishing a new entity or restructuring an existing entity to meet your short- and long-term business goals. Once the entity has been established, it should be properly maintained to keep your company organized and reduce potential risks such as personal liability exposure, compliance violations, and disputes. The EMP will help you meet such maintenance requirements.

All business owners who use a formal entity such as a limited liability company or corporation to operate their business.

Yes, resolutions provide a formal record of the decisions made by the entity’s owners and/or officers and document any key actions taken by the company.

They are essential in demonstrating compliance with legal requirements and the entity’s governance documents.

Formal resolutions provide protection in case of a dispute and evidence that the company had proper authorization to act.

The service period for this program corresponds with a full calendar year and renews automatically, unless the program is cancelled by providing 30 days written notice prior to the end of the current calendar year.

Clients who engage in the middle of the calendar year, therefore, need to determine whether they would like the service period to start as of January 1 of the current year so that they can get caught up on their maintenance requirements or as of January 1 of the following year.