How Do I Keep Personal and Corporate Matters Separate? | Company Activities & Management > Company Structures & Ownership from AllBusiness.com
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How Do I Keep Personal and Corporate Matters Separate?

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After you have incorporated your business, it must remain financially and legally separate from any of its shareholders in order to preserve the benefits and protections of corporate legal status.

Maintain healthy business procedures like:

  • keeping specific records and accounts
  • filing necessary government documents
  • holding regular shareholder meetings
  • getting written consents or waivers from directors and shareholders

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