Business and legal compliance is the process for creating, implementing, and supervising processes to ensure a business complies with applicable laws, regulations, rules, licensing, registration, reporting, investigation, taxation, and decision-making responsibilities related to the operation of the business.

In Indiana, business and legal compliance encompasses a range of obligations that businesses must adhere to in order to operate lawfully. This includes complying with federal laws as well as state-specific statutes. Indiana businesses must ensure they follow the Indiana Business Corporation Law, which governs corporate activities, and the Indiana Code, which contains various regulations affecting businesses, such as those related to employment, environmental protection, and taxation. Companies must also adhere to federal regulations that can include labor laws, anti-discrimination laws, and tax obligations. Compliance involves proper business registration and licensing, which may vary depending on the type of business and its location within the state. Regular reporting and payment of taxes are mandatory, and businesses may be subject to investigation or audits by state or federal agencies. Decision-making responsibilities must align with both statutory requirements and ethical standards. Failure to comply with these regulations can result in penalties, fines, or legal action. Businesses often consult with attorneys to ensure they understand and meet all legal requirements.