Many small business people form a corporation and think “that is it”; now I can enjoy the asset protection, tax savings and benefits a corporation provides. But without proper corporate formalities…. you are risking your corporation's protection, the asset protection and tax savings provided by a properly maintained corporate structure.
The frightening truth is, every one of the many benefits you get from owning a corporation could disappear if you are not documenting your actions.
It comes down to your corporate records. If they are not up-to-date, in order and squeaky clean, you will lose your corporate status and then all your personal assets will be at risk.
Isn’t it time you bought yourself a little insurance?
The Compass Group Corporate Compliance Programs provide the tools you need to keep your corporation current and up-to-date.
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