By CorporateMinuteBooks Canada In the ever-evolving world of Canadian business, maintaining accurate corporate minute books isn’t just a recommended practice; it’s a legal obligation. These books act as an official historical record of a company’s critical decisions and actions taken during board meetings and shareholder gatherings. Let’s delve deeper into the legal requirements surrounding minute […]
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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 […]
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 […]
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 […]
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 […]
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 […]
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: […]