In general, company maintenance includes any operations that ensure a business is active in its day-to-day endeavours. In addition, many low-tax jurisdictions require every international business company to undergo a company renewal procedure on an annual basis, by submitting a renewal application and paying a certain state fee. In terms of financial planning, company maintenance is normally understood as referring to those expenses associated with taxes, state fees, stamp duties, charges and any other costs that may arise from operating a company.