Each corporation in Canada has a Board of Directors. And the Board of Directors is considered the corporation’s brain or “guiding mind”. (This is true of corporations of every size, whether there is just one director or whether there are 15...
Transparency Registers are a new concept for corporations in Canada, but it is a concept that is quickly spreading. This article aims to introduce you to the concept of a Transparency Register, provide some background about why it is fast becoming a requirement...
In an era where transparency is paramount for corporate integrity and regulatory compliance, British Columbia corporations are tasked with meeting their transparency register obligations under the British Columbia Business Corporations Act (BCBCA). These obligations...
Corporations in Canada can be formed under federal Canadian laws or provincial or territorial laws. So, what do you do if you can’t remember what law your corporation was formed under? Here are 6 ways of figuring out where your corporation was formed (in order...
The #1 thing people do after they incorporate a company is go to the bank to open an account for their new corporation. And that’s a good thing because you want to keep your corporate finances separate from your personal finances or the finances of any affiliated...
Selecting a fiscal year-end is a crucial decision for any corporation, regardless of its size or industry. Companies incorporated in Canada under the Canada Business Corporations Act and companies incorporated under provincial laws, such as the Business...
