Review material changes when they are proposed, then keep operating evidence current throughout the approved stay. Waiting until the extension deadline may leave little time to resolve a relationship or business-continuity problem.
Use business events as triggers
A sale, major staff departure, transfer of all customers or decision to close an entity should prompt a fresh assessment. Record the dates and facts rather than trying to create continuity retrospectively. Government processing is only one part of the schedule; counsel needs time to understand the revised group and determine the correct filing.
Align the family’s status calendar with the principal’s review. Use business events rather than calendar reminders as the trigger for review. A major customer leaving, a key employee resigning, the loss or non-renewal of a significant contract, a decision to consolidate operations, or an offer to buy the foreign business each change the facts an extension would rest on, and each should prompt a conversation with counsel at the time rather than at the next filing.
Set a standing review well before any expiry so that there is room to act on what it finds. Where consolidation or closure of the foreign business is genuinely under consideration, raise it before it happens rather than afterwards, since the options available in advance are wider than those available once a decision has been implemented and recorded.