News

New Register of Individuals With Significant Control Requirements For Ontario Private Corporations

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 Columbia), but up until now, this hasn’t been a requirement for Ontario corporations. Not sure what a register of Individuals with Significant Control is? Let’s dive in.

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