Regardless of the industry or the company, business owners and managers often handle and sign a substantial number of documents on a day-to-day basis. These documents may include supplier contracts, employee agreements, financing and banking documents, minute book documents and various correspondences. Given the significant amount of paper involved, the cumbersome and time-consuming task of… Read more Electronic Signatures – Regulations and Best Practices
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
An audit is a scary thing. The idea of government officials pouring over internal company records, micro-searching for financial incongruencies is enough to keep any business owner up at night. Fingers crossed it never happens to you. But sometimes it does… According to the Canada Revenue Agency (CRA) website, during an audit, officers “closely examine… Read more What are the Corporate Minute Book Requirements for the CRA?
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