Handel & Carlini, LLP understands that you are personally invested in your business, that’s why we want to remind you about keeping up with your yearly requirements. Responsibilities will vary depending on your business structure, with Corporations having the strictest internal requirements, LLCs having less strict internal requirements, and other businesses structures having few if any internal requirements. There are also ongoing state filing requirements and ongoing federal filing requirements. According to the U.S. SBA “If your business has any federal licenses, permits, or certificates, you’ll need to keep those up to date, with some businesses not having federal requirements beyond paying federal taxes and complying with the Affordable Care Act”. You will also want to make certain to maintain any licenses, permits, or certificates that your business received from your state, city, or county (renewal requirements vary, so it’s best to check with local business licensing offices). For federal licenses, permits, and certificates, check with the issuing institution to confirm renewal requirements for your business. Lastly if you’ve made important changes to your company — like address, name, new shares, or membership — make sure to report it with articles of amendment.
Whether your business is a start-up or a well-established entity, Handel & Carlini, LLP can provide invaluable legal insight into various internal business issues and our attorney’s can capably manage the negotiation, creation, and review of all legal agreements.
Article credit: sba.gov