The seven most common forms of carrying on business in Canada are: Sole proprietorship; Partnership; Co-ownership; Corporations; Joint ventures; Franchises and licenses; and Not-for-profit organizations and charities. Each of these forms of carrying on business has a whole set of different pros, cons and practical implications and consequences. Of the different forms of business organization,… Read more What are the different forms of carrying on business in Canada?
A corporate minute book is a collection of basic, but necessary records for incorporated companies. Much like a patient’s health history or a high school student’s permanent record, a minute book contains information about the status of the corporation, its shareholders, directors and corporate board minutes, as well as other company specific information. Sections 20(1)… Read more Does My Company Need a Corporate Minute Book?
Every corporation in Canada, by law, must file annual corporate returns. Within 60 days of the corporation’s incorporation or amalgamation date, each corporation must submit the requisite filing documents to Corporations Canada. If you incorporate on September 1, 2017, your annual filing will be due on October 30, 2018. The information gathered from your filings… Read more Corporate Filings, Annual Resolutions, and Minute Books
Walk into any law firm, from small solo practitioners to the global behemoths and the one thing they all have in common is paper. Paper is synonymous with legal work. From single sheets strewn across desks to boxes filled with old documents, minute books covering up entire walls to fresh reams neatly stored under photocopy… Read more Paperless is Valueless Without Vision