Many corporations are solely owned and managed by one individual, or a close-knit group of a few people. When this is the case, those individuals sometimes have questions about the requirements of a corporation, and if those requirements are still necessary when...
Starting January 1, 2023, all Ontario private corporations will be required to maintain a register of Individuals with Significant Control. This is something that is already required by Federal corporations and certain provincial corporations (such as British...
Many owners of corporations run into the situation where they have not recorded changes in who their directors are, who their officers are, and sometimes even who their shareholders are. This is understandable—people get busy growing their businesses, running their...
If you have a federal corporation, you may be wondering what is required of your company to stay compliant. Below are some key things you’ll need to be on top of to ensure that your corporation remains in good standing and up-to-date. The Canada Business Corporations...
Congratulations! You’ve formed an Ontario Corporation. If you’re like other business owners we’ve talked to, you might be wondering, “Now what?” We understand—there’s a lot to think about. Below is a list of ten things you should think about after forming an *Ontario...
When we ask customers if they have filed their “Corporate Annual Return,” they often say, “Yes,” thinking that we are referring to their Income Tax Return. However, a Corporate Annual Return is an entirely different return than a tax return. Anyone in charge of a...