Monday, April 28, 2008

Corporate Formalities

The law mandates that Corporations and LLC's provide limited liabilty protection to shareholders, officers and directors as long as you keep yourself separated from the business entity. To keep your protective limited liability you need to maintain record keeping formalities. Without proper record keeping formalities the court will not treat your business like a corporation. If you do not have an annual meeting, issue stock and other formalities you are not a corporation. The statues of the State of Nevada require that the records of our corporations or LLC's be kept in written form. Therefore, you must have a corporate record book containing the correct format to comply with state statues. Silver Shield Services, Inc. can provide this record book and help keep you on track. Give us a call @ (775)577-4822 for assistance.

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