Corporate Resolutions

Description

Corporate Resolutions $50 each

Resolutions are a must to assure Corporate Veil Protection for operations; one of the primary reasons for starting any legal entity. Any legal or financial action, with recourse, conducted without a Resolution could result in Alter-Ego for owners and officers and leave them personally liable. Again, Resolutions are a must!

Corporations and LLCs are able to do most anything we (natural persons) can do when it comes to conducting business. Just like us they can buy, sell, sue, be sued, and enter into agreements, etc. But there’s one thing a corporation or LLC cannot do, it cannot think! Directors / Managers are required to do all the thinking for the entity and those thoughts are required to be memorialized in “formalities”, the most common of which are minutes and resolutions. Proper formalities are critical in preventing an alter-ego doctrine of the shareholders and directors.

Properly drafted formalities are considered the heart and soul of a corporation’s protective veil. The law requires that business entities properly maintain corporate formalities and failure to do so could possibly expose owners and officers to litigation and tax penalties.

Most business owners never seem to have the time to conduct necessary board meetings and formalize the outcome. With our document assistance service you are assured your formalities are always in order and up to date. When your entity is about to engage in activity that requires formalizing, you simply contact us with the details and we will accurately create all the necessary documents for signature. Examples of activity that should be documented with resolutions:

• Loans
• Officer Changes
• Ownership Changes
• Bank Account Opening
• Sale/Purchase of Property
• Opening Brokerage Accounts
• Additional Capital Investments
• Doing Business as Filings (DBA filings)

Unlimited Corporate Resolutions Per Year $300

Resolutions are a must to assure Corporate Veil Protection for operations; one of the primary reasons for starting any legal entity. Any legal or financial action, with recourse, conducted without a Resolution could result in Alter-Ego for owners and officers and leave them personally liable. Again, Resolutions are a must!

Most business owners never seem to have the time to conduct necessary board meetings and formalize the outcome. Properly drafted formalities are considered the heart and soul of a corporation’s protective veil. The law requires that business entities properly maintain corporate formalities and failure to do so could possibly expose owners and officers to litigation and tax penalties. Corporations and LLCs are able to do most anything we (natural persons) can do when it comes to conducting business. Just like us they can buy, sell, sue, be sued, and enter into agreements, etc. But there’s one thing a corporation or LLC cannot do, it cannot think! Directors / Managers are required to do all the thinking for the entity and those thoughts are required to be memorialized in “formalities”, the most common of which are minutes and resolutions. Proper formalities are critical in preventing an alter-ego doctrine of the shareholders and directors.

If you see your business requiring multiple resolutions throughout the year save money with Unlimited Corporate Resolutions. Let us manage the paperwork so you can focus on day to day business. Resolutions will be added to your corporate record book (the story of your company). Examples of activity that should be documented with resolutions:

• Loans
• Officer Changes
• Ownership Changes
• Bank Account Opening
• Sale/Purchase of Property
• Opening Brokerage Accounts
• Additional Capital Investments
• Doing Business as Filings (DBA filings)