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Understanding Compliance - Legal Rules & Regulations

What is Business Compliance?

As the owner of a corporation or LLC, you need to know and understand the legal aspects of starting and running a business. Compliance refers to all of the federal, state, and local rules required to keep your corporation or LLC in good standing with the state(s) where it conducts business.

Understand the Consequences of Noncompliance

Business owners must comply with ongoing government rules and regulations after incorporating or forming an LLC. You should understand the potential consequences of noncompliance to your business:

  1. When a corporation or LLC fails to meet government obligations, the state may revoke the company's good standing, levy penalties against it, or even dissolve the company.

  2. Additionally, when a business owner fails to follow the steps required to maintain their limited liability protection, the owner's personal assets will no longer be protected from lawsuits against the company. This is known as "piercing the corporate veil." This applies to both corporations and LLCs.

Our Exclusive $50,000 Corporate Veil Guarantee

Don't worry, this is where we come in to help you. Only The Company Corporation offers a $50,000 Corporate Veil Guarantee and an online compliance tool to our customers. We've compiled a list of "Must Do Items" and established a monthly e-mail alert system to keep you informed of your corporate and LLC requirements. We know your asset protection depends on it, and that's why we put $50,000 on the line!

Get Introduced to the "My Account" Compliance Tool

As your Registered Agent, The Company Corporation can help you navigate the complexities of keeping your business in compliance. We provide you with easy, online access to a tool called My Account. We designed it specifically to help small business owners stay compliant and grow their business.

We'll notify you in advance of when you must satisfy corporate and LLC requirements. We help eliminate the complexity of doing business in multiple states. No other service company or Registered Agent offers these resources to small business owners. Large businesses have teams of lawyers and accountants looking out for them, and you have us!

Ready to Get Started Using My Account?

View a demo of My Account, our Web-based compliance tool, or enroll today to set up a secure, personalized login for your business. Learn how My Account can help you keep your business in compliance - View the Demo.