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Corporate records

Corporate records keeps the legal Company behind a Startup: formation, officers, registered office, filings, board resolutions and good standing.

Every annual filing runs on a clock it watches.

Summary

PartThis System
GroupLegal and corporate
StatusBeta: it works, and its Verbs may still change
ShelfFront: offered from a Startup’s first days

You can ask:

  • “Record the board’s approval”
  • “Is the company in good standing?”
  • “File the annual report”
  • “Incorporate the company in Delaware”
  • “Close the company down”

What you get

PartThis System
StartsOn for every Startup at creation, with nothing to install.
Built fromDatabase, Workflows, Company formation, Registered agent, Annual compliance

Nouns it owns

NounDefinition
CompanyA Company is a legal entity that holds Startups, signs Agreements, and owns equity, authority, and profit rights.

Verbs

VerbObjectApprovalEvent
Company.incorporateCompanyAsks first; waits 1 business dayCompany.incorporated
Company.registerCompanyAsks first; waits 1 business hourCompany.registered
Company.submitCompanyAsks first; waits 1 business hourCompany.submitted
Company.dissolveCompanyAsks first; waits 1 business dayCompany.dissolved

Events

States

The lifecycle of a Company:

Company lifecycle: forming, incorporated, dissolved (ends)forming → incorporated: Company.incorporateincorporated → dissolved: Company.dissolveformingincorporateddissolved
StateMeaningMoves to
forming (first)Its founders, jurisdiction and shares are chosen, and no formation filing is accepted yet.incorporated by Company.incorporate
incorporatedA registered legal entity that signs Agreements, holds accounts and owns equity.dissolved by Company.dissolve
dissolvedWound up, with its final returns filed and every record kept.None: it ends here.

Who operates it

PartThis System
AccountableLegal Lead
TeamLegal Team
SeatA role agent holds it until a Human is seated.
Autonomyassist
Also calls its VerbsFinance Lead, Payroll Specialist

Approvals and limits

VerbRuleDetail
Company.incorporateA person says yes firstWaits 1 business day
Company.registerA person says yes firstWaits 1 business hour
Company.submitA person says yes firstWaits 1 business hour
Company.dissolveA person says yes firstWaits 1 business day

Processes that use it

ProcessHow it uses it
BooksA step calls Company.register
PayrollA step calls Company.submit
IncorporationA step calls Company.incorporate
Company filingsA Workflow writes Company

Rail underneath

CapabilityRuns on
Company formationincorporations.legal
Registered agentfilings.legal
Annual compliancefilings.legal

Views and dashboards

ViewShowsMetrics
The Legal Lead’s viewThe Metrics its accountable Role answers for.Standard-terms share

Access

What each Access level may call here.

Access levelMay call
ownerEvery Verb (8)
adminOnly 4 of 8: Company.create, Company.get, Company.list, Company.update
memberOnly 4 of 8: Company.create, Company.get, Company.list, Company.update
viewerRead only (2 of 8)

Import and export

None.

Fees and pricing

State filing fees and the registered agent’s fee pass through at cost, each posted as its own Entry.

Availability and limits

PartThis System
StatusBeta: it works, and its Verbs may still change

Compliance notes

Sworn filings carry an officer’s signature; who the officers are stays the founder’s.

Controls it carries:

Example

An Autonomous Dataset API graduates into its own Company. Corporate records files the formation, records the directors’ first resolutions, and schedules the annual report. The officers sign each filing from one queue.