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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Organizing Your Corporation: Making by-laws
By-laws are rules that govern the internal operations of a corporation. For example, you might want to set some rules for your corporation that are not dealt with in the Business Corporations Act (BCA). You also might want to modify some of the rules that are in the BCA, as long as those changes are […]
Keeping your corporation in good standing
To make sure that your corporation continues to benefit from incorporation under your jurisdiction of incorporation business corporation act, you need to fulfill certain requirements with your jurisdiction of incorporation corporate registry office. Depending on the type of requirement, you need to file annually or when circumstances change. Namely, you must: Filing an annual return: […]