Forming a corporation is an important, and sometimes exhausting task. All too often, after the new entity is established, the owners take a deep breath and get back to doing what they do best—running the day-to-day business operations. This is a big mistake. Failure to deal with the paperwork and legal formalities required to properly run your corporation like creating and keeping up-to-date a corporate minute book for your corporation can have disastrous consequences, including the loss of crucial tax benefits and limited liability protection for the owners.
Properly creating and maintain a corporate minute book is vital. Corporations that fail to maintain thorough and accurate minute books can face sometimes severe repercussions – in some cases, the corporation may even lose its corporate status and the benefits that come with it, including limited liability for shareholders.
A corporate minute book is used to store all important corporate documents such as the articles of incorporation, the minutes of shareholders and directors meetings, stock certificates, tax filings, by-laws, and other legal documents.
Company Formations offers personalized Canada Corporate Minute Books for all Canadian provinces and territories:
Federal
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Saskatchewan
Yukon
Benefits of a Corporate Minute Book
Benefits of a Minute Book – For ease of management, efficiency, and security, it is vital that these important corporate documents are kept in a single location so that it can be easily consulted when the need arises.
Why do I need a minute book?
In order to keep your corporation in good standing with your provincial business corporation act, It is essential to keep a history of all important decisions that are made in the company and to demonstrate that the company is acting as a corporation. For example, if you want to sell your company in the future, the buyer’s lawyer will normally ask to see a copy of the minute book. Also, if there is a dispute about a company matter, the minutes can act as an official record of events.
What kind of minute book services we provide. Order today your new personalized Canada corporate minute book
We provide a personalized company minute book in Ms and PDF format that includes:
Organizational Resolutions
Register of Directors
The resignation of Director Form
Appointment of Corporate Officers
The resignation of Officer Form
Subscription of Shares
Share Certificate
Register of Shareholders
Consent and waiver for allotment of shares
Directors’ resolutions approving the allotment of shares
Consent and waiver for transfer of shares.
Shares Transfer Form
Directors’ Resolutions Approving Transfer of Shares
Bylaws
Notice of Organizational Meeting of Incorporators and Directors
Waiver of Notice of Meeting of Incorporators and Directors
Minutes of Organizational Meeting of Board of Directors
Waiver of Notice First Meeting of Shareholders
Minutes First Meeting of Shareholders
Notice to Directors of Regular Board Meeting
Minutes Shareholders Annual Meeting
Minutes Regular Board Meeting
