Business Basics: Corporate Seals

Corporate seals are a remnant of the middle ages, back when official documents were legitimized by a hot wax imprint of a seal or crest. The practice of ‘sealing’ documents kept on throughout the centuries, though the hot-wax method eventually gave way to rubber stamps and paper seals. Today, corporate law still allows for the use of corporate seals, though they are no longer as important as they once were. This week in business basics we answer a few of the most commonly questions we receive about corporate seals, and let you know if you should get one for your own corporation. Corporate Seal

What is a corporate seal?

A corporate seal is essentially a signature for your business. When you incorporate, you turn your business into its own, legal entity. Since a corporation cannot sign anything, a corporate seal is used to mark legal and official documentation. These days, most corporate seals are either rubber stamps or steel embossers, and are normally designed to fall apart if tampered with to help avoid fraud.

Do I need a corporate seal?

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Maintaining a Corporation or LLC

Starting a new business can be confusing – many people do not know what to do to maintain a corporation.  While it’s not complicated, when you don’t know what do to, corporate maintenance can seem like a daunting task.

Once your corporation or limited liability company has been formed, MyCorporation can help you manage the future of your new entity with MaintainMyBiz. With this corporate maintenance package, you select the filings you need for your business and we file them whenever you’re ready. With 18 products and services to choose from, you can customize your package to meet your business needs.

What’s Included? You can select up to 4 filings every 12 months from the following list of 18 products and services: Continue reading