Most people know that you are required to take notes at meetings of corporations, but many need clarification about what exactly needs to be done and how to do it. What are Meeting Minutes? Meeting Minutes are simply notes that are taken at a meeting of people...
When a company wishes to issue dividends to its shareholders, a few steps need to be taken to approve and record the declaration(s) properly. This article briefly explains what a lawyer will typically want to know when it’s time to declare dividends. When the decision...
Not-for-Profit corporations (“Not-for-Profits”) tend to have a lot of turnover in directors—with new directors being added and existing directors resigning on a regular basis. It is important (and required by law) to keep track of who the current directors are and to...
Most jurisdictions require corporations to file some kind of information return every year. This is called a BC Annual Report (“Annual Report”) in British Columbia. This article discusses filing an Annual Report in BC and things to consider before filing. It is...
Most jurisdictions require you to file some kind of information return every year. Still, the due date and requirements vary from jurisdiction to jurisdiction, so it’s important to look into your local jurisdiction’s requirements. The purpose of the annual return is...
Officers are responsible for the day-to-day actions of a corporation. The Officers are appointed by the Directors, controlled by the Directors, and report to the Directors. Officers usually have titles like President, CEO, Secretary, Treasurer, Vice President, CFO,...