Non-Profit

Question:

Are there specific compliance obligations with forming a Non-Profit?

Answer:

As with all companies formed, you must follow certain rules and regulations. Non-Profits are required to hold annual meetings, keep minutes of board meetings and follow the regulations as defined by your Non-Profit status. Most states will require you to renew your Non-Profit annually and maintain a Registered Agent in the state in which you formed the company.

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