If you or your attorney have formed your business and filed your documents with the public record of your state(s), whether it is an LLC, a PLLC, an Inc. or a Corp., you were probably asked if you wanted a corporate kit. What is a corporate kit and as a small to medium sized business, do I need one?
A corporate kit is a repository and record book for your corporation or limited liability company. The corporate kit serves as a filing cabinet for your company’s formation paperwork, houses the corporate seal, licenses, resolutions, and meeting minutes. The benefit of having a corporate kit is so that when your accountant, lawyer, or investors need documents associated with your company, you have them at your fingertips!
So, what is in the corporate kit?
Still confused? Contact your attorney or accountant for assistance in selecting a corporate kit as well as insuring your company’s documentation is in order. It can be a lifesaver down the road.