25 Watline Ave,
Mississauga, On, Canada
L4Z 2Z1
Under the Canada Business Corporations Act (CBCA,) directors and officers have two principal duties: a duty of care and a ?duciary (to act impartially and place the interests of the corporation ?rst, not allowing their decisions to be tainted by self-interest or self-dealing) duty of loyalty.
A corporate resolution needs to be on file for any major decision made by the board of directors. Listed below are some examples of corporate resolutions, from initial incorporation documents to closing the business.
Every business must make multiple decisions at any given point in time and these decisions need to be agreed upon and recorded in writing. Corporate Resolutions need to be a complete, clear, and accurate record of company history for prosperity.
Selecting the right year-end is important in corporate planning. When setting up a corporation, Any year end can be chosen
To help maintain the reliability of your financial documents and protects and informs shareholders of the company’s financial standing, auditors/accountants play a key role. Lets understand how.
While setting up your incorporation, you in all likelihood heard the term Minute Book. Lets understand what this is
If you have already registered a sole proprietorship or general partnership, you do not require any further set up.
You should familiarize yourself with the tax accounts required for your corporation and when they are required for your business.
Once the corporation has been created, one of the most common questions we receive from clients is, "How do I set up the tax account(s) and Business Number(BN)?"
Ontario is one of several Provinces in Canada which requires a NUANS report to be completed and provided with the Articles of Incorporation documents to start your business
If you have been doing any research at all on starting a business, you would have already read articles on the importance of determining your brand from the onset of starting a business
Most individuals choose to name their corporation; however, in some circumstances where a name is not purposeful to a corporation, a numbered company is a less expensive option
Registering a Corporation in Ontario has never been easier. We are offering you an easy online form to complete to create your corporation. We also advise on what items should be considered when starting a new business.
