Building an Alberta corporation involves much more than completing the initial incorporation process. From the moment the company begins its corporate life, it begins generating records documenting how it is organized, who participates in its governance and ownership, how important decisions are authorized, and how the corporation changes over time. Directors may be appointed or […]
Archive | Alberta Corporate Minute Books
Ultimate Guide to Alberta Corporate Minute Books
Why Your Alberta Corporation Needs a Minute Book Running a corporation in Alberta is an exciting venture, but it comes with significant legal responsibilities. One of the most critical obligations for any Alberta corporation is maintaining an up-to-date corporate minute book, as mandated by the Alberta Business Corporations Act (ABCA) and the Canada Revenue Agency […]
Understanding Corporate Minute Books in Alberta: A Comprehensive Guide
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 […]
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 […]
