What type of legal documents should I keep on file?

In Washington, small business owners should keep a variety of legal documents on file in order to ensure their business runs smoothly and is compliant with applicable laws. This includes articles of incorporation, contracts, registrations, insurance policies, intellectual property documents, tax forms, and banking agreements. Articles of incorporation are the legal documents that officially establish a business as a separate entity from its owners. This document must be filed with the state and includes basic information such as the business name, address, and board of directors. Contracts are legal agreements between two or more parties that are generally enforceable in a court of law. It is important for small business owners to keep records of all the contracts they have with vendors and customers in case of a dispute. Businesses may have to register with the state to obtain a business license. Additionally, businesses may need to register with the IRS to obtain an employer identification number or with the EEOC to comply with equal opportunity laws. Small business owners should keep copies of any registrations filed with the state. Another important document for small business owners to keep on file is insurance policies. These policies will protect the business from any financial losses if it is sued or the owner is liable for any damages. Finally, it is important for small business owners to maintain records of any intellectual property, such as trademarks or copyrights, they own. These documents should include copies of any applications and registration certificates. Overall, small business owners should maintain a variety of legal documents on file, including articles of incorporation, contracts, registrations, insurance policies, intellectual property documents, tax forms, and banking agreements.

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What type of legal documents should I keep on file?

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