Legal Corporate Record Retention Schedule
Legal Corporate Record Retention Schedule
Prepared By: [Your Name]
The schedule is designed to aid in the efficient management of records, mitigate risks associated with record keeping, and ensure that historical and legal documents are preserved appropriately while non-essential records are disposed of in a secure and timely manner. Departments specified are responsible for adhering to the outlined retention periods, ensuring [Your Company Name] remains in compliance with applicable laws and regulations, thus safeguarding the company's integrity and operational excellence.
|
Document Type |
Retention Period |
Department Responsible |
|---|---|---|
|
Articles of Incorporation |
Permanent |
Legal |
|
Annual Reports |
7 years |
Finance |
|
Board Meeting Minutes |
Permanent |
Legal |
|
Tax Returns and Worksheets |
7 years |
Finance |
|
Contracts |
7 years after termination |
Legal |
|
Audit Reports |
7 years |
Finance |
|
Property Deeds |
Permanent |
Legal |
|
Payroll Records |
7 years |
Human Resources |
|
Employee Files |
7 years after termination |
Human Resources |
