Comprehensive State Compliance & Entity Management Services

A: Entity management, or legal entity management, is the process of keeping up with the legal responsibilities and regulatory obligations an organization has to local and federal governments and governing bodies.

These responsibilities include management of entity registration requirements for business licenses and tax accounts and their supporting records. Effective entity management has become increasingly complex for organizations with multistate operations. Keeping a growing business in good standing often requires state compliance solutions and entity management services that can consolidate requirements, reporting statuses, and documentation to effectively prioritize activities.

A: Harbor’s State Compliance & Entity Management Services provide both businesses and their owners a multitude of benefits that include but are not limited to:

Concierge Services – Working with accounting and entity management professionals provides quick access to information and a single source of truth. Having technical, compliance, and tax specialists in charge of entity management is one of the best ways to empower your tax strategy.

Registered Agent Services – Get more value from the dollars you spend on registered agent services. Harbor’s entity management software provides the services you are already paying for coupled with the additional benefits of tailored customer support and deadline notices through an easy-to-use individualized portal.

Compliance Transparency – The advantage of Aprio’s collaboration with Harbor Compliance is real-time updates on entity status within the individualized client portal, and the ability to connect with Harbor’s support team through chat, email, and phone.

Maximize Tax Savings – Utilizing Harbor’s platform to manage your entities provides visibility to your Aprio team. You can maximize the value of your tax advisor’s insights and recommendations while taking full advantage of federal, state, and local tax incentives and credits that can offset tax liabilities.

A: Entity management is important because it is one of the lynchpins of a company’s compliance and risk management programs, and it is essential to profitable growth. Every state imposes their own requirements for organizations doing business within their borders. Online sales, new locations, hiring, and M&A activities often trigger the need to register in additional states.

Proactive management and governance of multistate compliance requirements and other legal obligations reduces risk and saves company man-hours and money that can be focused on more strategic activities that drive revenue and profitability. Harbor Compliance can assist you in identifying the filing obligations for your entities.