Every Alberta corporation is required by the Alberta Business Corporation Act and by the Canada Revenue Agency (CRA) to keep corporate records up-to-date at its registered office in Alberta. Failure to comply with this obligation can lead to fines of $25,000, and the officers and directors of the corporation may be personally liable. The preparation […]
Archive | Alberta Corporate Minute Books
Setting Up Your Alberta Company Minute Book
What is a Company Minute Book? Every corporation in Canada is required to maintain an official record of its activities including records of any annual meetings conducted by the directors and shareholders of the company as well as any change within the corporation such as any change of address, changes in directors, shareholders and/or officers, […]
The Importance of Protecting Your Corporate Status
A corporation is a legal entity that is created and regulated by state laws. For legal, practical, and tax purposes, a corporation is legally separate from any of the people who own, control, manage, or operate it. If you want the advantages of having a corporation, you must follow legal requirements for running it. If […]
Organize Your Alberta Corporation Corporate Records
Alberta Corporate Minute Books. Anyone who sets up a new corporation in Alberta needs to be able to quickly locate key organizational documents. Because these are really the constitution of your corporation, you’ll refer to them again and again. When using this book to produce corporate minute and consent forms,we will often refer you to […]