The inner workings of a company is governed by law, its articles of incorporation, its bylaws, its resolutions and its shareholder agreements.
In the case of companies with a single shareholder or a limited number of shareholders, the rules are generally very flexible. Shareholders' meetings may, for example, be held informally, by telephone or through any other means of communication. However, this flexibility can sometimes lead to complacency, which results in adverse consequences for the company, especially when corporate documentation does not include all important decisions that have been made (see Corporate Book-keeping).
On the other hand, a greater stringency is necessary in the case of companies involving several shareholders, directors or officers. Numerous deadlines must be met, and there is also a fair amount of red tape. If a company didn't respect its internal operating rules, it could be exposed to unnecessary and costly complications such as decision-making gridlocks and legal challenges.
We can guide you, assist and train your staff internally to avoid these complications.
In this practice area, our team meets your needs in several ways, including: