What type of legal documents should I keep on file?

When starting a small business in Delaware, there are a few legal documents you should keep on file to ensure the business is in compliance with all state laws and regulations. First, it is important to keep a copy of your Business License. This is a document issued by the Delaware Division of Corporations which allows your business to legally operate. It is important to keep this document up to date and always have the most recent version on file. Second, you should also keep all of your Business Contracts and Agreements on file. This includes contracts with vendors, suppliers, and customers. It is also important to keep a record of any documents related to the formation or dissolution of your business as well as any agreements related to the transfer of ownership or assignment of rights. Third, you should also keep all Business Tax Records on file. This includes tax forms, receipts, invoices, and other financial documents. By keeping all of your business’s financial documents in one place, you can easily access the information if you are ever audited. Finally, you should also keep all of your Business Insurance Policies on file. This includes any liability or property insurance you may have for your business. Having insurance can protect you from potential lawsuits and other legal issues. By keeping all of these documents on file, you can protect your business from any potential legal issues you may face.

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