Even in deals with "yourself," you still need proper legal documents.

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Many business owners regularly engage in transactions with their companies. These can include loans, leases, and employment agreements. For the reasons discussed in this post, it is important to prepare legal documentation for these transactions just as you would for a transaction with a third party.

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Published In: Business Organization Updates, General Business Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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