As we outlined in our article “10 Things to Consider After Forming an Ontario Corporation”, there are a lot of things to take care of after you incorporate your company. Near the top of the list are: (1) choosing a fiscal year-end, (2) opening tax accounts (sales tax...
There are five categories of roles that need to be filled for each company in Canada. You must decide who will fill each of those roles for your new company at the time of incorporation or soon after that (and there is no need to sweat it if you are a...
As we’ve discussed in other articles, you need to do corporate maintenance and government filings every year to keep your corporation in good standing in Canada (“Annual Corporate Maintenance”). The annual corporate maintenance requirement is different from your...
One of the first questions that you have to ask yourself when you’re incorporating a company is, what share classes are my company going to have? This is a question that needs to be decided by the time you go to incorporate the company because it is written into the...
Have you been asked to provide a NAICS code for your business? Are you wondering why that is? Or are you concerned that it might have an unintended impact on your business? If you answered yes to any of these questions, then keep reading. We have compiled some...
