Running a business enterprise can be hectic, and it’s easy to overlook the importance of legal compliance of your company. As such, it is important to equip yourself with a compliance checklist for companies to ensure your business complies with national and local legal guidelines. This piece will discuss a compliance checklist for companies to ensure your business is legal.

Employment Laws

To ensure your business is legal, you should abide by the following employment laws:

• Adhere to the stipulated fair employment practices with no discrimination on the basis such as sex, race, national origin, and religion
• Maintain a handbook for your employees with an outline of protective policies against sexual harassment as well as discrimination
• Obtain all appropriate employees’ citizenship documents
• Classify each employee appropriately as either an independent contractor or a normal employee
• Meet the standard set salary levels
• Ensure workplace notices and posters are displayed
• Prepare and foresee maintenance of serious illnesses and other occupational records in accordance with OSHA
• Verify the filling of the Department of Labor forms
• Keep contracts of employment with confidentiality clauses as well as non-compete clauses and willing protect the employer status
• Ensure employees contracts are terminated lawfully

Tax Laws

For a company operations to be considered as legal it should be in compliance with the following tax laws:

• Retain financial records that accurate and correct, including the expenses and income records
• Ensure filing of state and federal taxes is done on time, together with sales, excise, employment, and franchise taxes.

Advertising Laws

There are different advertising laws that a business should in compliance with to ensure it is legal. They include:

• Making sure the company advertising campaigns are non-deceptive and truthful
• Obtain and ensure you verify trademarks, copyrights, and trade names status
• Ensure the terms and conditions are appropriately posted and outlined on the website
• Obtain permission from third parties for content use
• Ensure domain names don’t break other competitors and organizations marks of service or trademarks

Corporate Laws

Depending on the state or a nation where your business operates there are various corporate laws that it should comply with to ensure it is legal. They include:

• Ensure the company has a clear ownership and lawfully registered
• Keep updated Bylaws and Incorporation Articles at your business principal place
• Verify the filings of corporate state are made, including the business annual reports
• Ensure directors are appointed lawfully and other business officers are elected accurately
• Prepare committee, board, and shareholders minutes
• Maintain enough and correct records and books
• Comply with safety and security regulations while selling business investments and stock

Miscellaneous Compliance

• Ensure proper registration of your company is done in all the states that you have operational branches
• Obtain current operating licenses from both federal and state
• Secure current business operations permits
• Ensure confidential trade secrets are kept private and protected
• Ensure there are no business relationships of interest conflicts, and if they exist, ensure to air them
• Comply with agreements on contracts
• Very business compliance with warranties and other representatives
• Ensure products and services agreements have liability protection
• Make sure you comply with environmental outlined obligations
• Have procedures and policies that ensure data, including your client data, remains private and secured
• Ensure the relationships with your competitors and other third parties comply with antitrust set-out obligations
• Compliance with the stipulated Consumer Product Safety Act
• Make sure you comply with loan covenants
• Review the business insurance cover

What You Should Do Now

This compliance checklist for companies is based and derived from the general legal principles. Keep in mind that some of the outlined facts can and they often change something that can alter legal results. So, it is important to contact your business attorney for advice and recommendation on your specific circumstances. In addition, a business lawyer can be of importance in ensuring that your business stays in compliance with all operation laws.