Tree Ways to Make and Document Formal Corporate Decisions

There are three basic ways to make and document formal corporate decisions made by a corporation’s board of directors or shareholders. They are: • real meeting with minutes • paper meeting with minutes, and • action by written consent Real Meeting With Minutes Your directors or shareholders and all interested parties get together in a […]

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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 […]

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Corporate records and filing obligations for Canadian Corporations

A corporation is required to keep certain records at its registered office or at some other location in Canada chosen by the board of directors. These records must include the following: all articles of the corporation, (for ex., articles of incorporation, articles of continuance or articles of amalgamation); by-laws and their amendments; and unanimous members […]

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The Importance of a Corporate Minute Book

A corporate minute book is important to your company. It maintains a record of the significant decisions, rules, and regulations of your company. It mentions key persons in the company and their responsibilities. It can reveal information about shareholders and other corporate affiliations. Your corporate minute book should present an accurate record of major happenings […]

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Organizing Your Corporation: First meeting of shareholders

Officers are responsible for the day-to-day operations of the corporation. The directors are responsible for appointing officers. With the directors, the officers will form the management of the corporation. Officers can take any position that the directors want them to fill (for ex., president, secretary or any other position). The first meeting of shareholders The […]

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Organizing Your Corporation: Appointing the officers

Officers are responsible for the day-to-day operations of the corporation. The directors are responsible for appointing officers. With the directors, the officers will form the management of the corporation. Officers can take any position that the directors want them to fill (for ex., president, secretary or any other position). Fast & Easy Canada Corporate Minute […]

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