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 North Carolina, business and legal compliance encompasses a range of obligations that businesses must adhere to in order to operate lawfully. This includes compliance with federal laws as well as state-specific statutes and regulations. Businesses must ensure they are properly licensed and registered with the North Carolina Secretary of State, which may include obtaining specific permits depending on the nature of the business. They must also adhere to tax laws, which involve registering for state taxes, collecting sales tax if applicable, and filing the necessary tax returns. Compliance with employment laws is also critical, including those related to wages, hours, and workplace safety, which are governed by both state and federal regulations. Additionally, businesses must follow environmental regulations, consumer protection laws, and any industry-specific regulations, such as those for healthcare, finance, or real estate. Failure to comply with these legal requirements can result in fines, penalties, or more severe legal consequences. It is often advisable for businesses to consult with an attorney to ensure full compliance with the complex web of laws that affect their operations.