Update to: Do I need to update my Corporation?

November 14, 2017

The answer is YES.  You must "walk and talk" like a corporate entity and if not, then your corporate protections could fail.  Each corporation should maintain consistent annual meeting notes and maintain current status with the North Carolina Secretary of State.  It is important that the corporate entity have its dedicated bank account and Federal Identification Number and account as a corporation with appropriate tax filings.  If there are any questions as to these issues, please do not hesitate to contact us.


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