Below is a list of some of representative corporate formalities:
Hold annual shareholders meetings
Hold regular board of directors meetings, in accordance with the relevant corporate law
Hold special meetings of directors and/or shareholders as required from time to time
Provide proper notice for all meetings
Keep accurate records (including financial records, records of corporate activities, minutes of shareholders/board of directors’ meetings)
Follow decision making protocols
Respect fiduciary duties to the company
Comply with the articles of incorporation, bylaws, and other organizational documents of the company
In the case of related party transactions or conflicts-of- interest situations between a director (manager) and the company, follow the corporate law and other requirements.