Spring is Annual Report Filing Season

Every year, at this time, we remind our many corporate clients that the June 1st filing deadline is fast approaching. Their Corporate Clerk, Charlie Gilbert, needs to know of any changes in the corporate structure over the past year before submitting the filing to the Secretary of State. If everything has been running smoothly with a business, this may be our only contact since last year’s filing with a client.

We welcome the opportunity to hear how things have been. Some years though, some events result in changes in shareholders, directors, officers, or even in the corporate groundwork itself, the Bylaws. We touch base with all our corporate clients to address such changes and ensure that the proper filings are submitted promptly.

The duties of a Corporate Clerk, or Certified Registered Agent, are defined by the Maine Business Corporation Act as ministerial only, to keep a record at hand of the corporation’s actions, motions, and amendments, receive, and forward information regarding process, notice, or demand served on the agent of the corporation.

Experience tells us that the phrase “ministerial only” belies the true value of having a good administrator. Charlie’s experience as a corporate clerk allows business owners to focus their energy on growing their businesses. They can feel confident that his expertise keeps them on course when it comes to the legalities of running a business in the State of Maine and beyond.