Corporations are incorporated provincially in Ontario, according to the provisions of the Ontario Business Corporation Act with the Ontario Companies and Personal Property Security Branch. Company Formations Canada provides fast and easy Ontario Incorporation Service and provides all the documents your new Ontario corporation will need to stay up-to-date and in compliance with the Ontario […]
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General funding and incentives for growing Ontario businesses
Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a […]
General funding and incentives for growing Ontario businesses
Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a […]
Amendments to Articles of Incorporation of Ontario Corporations
Subject to sections 170 and 171 of the Ontario Business Corporation Act, a corporation may from time to time amend its articles to add, change or remove any provision that is permitted by this Act to be, or that is, set out in its articles, including without limiting the generality of the foregoing, to, (a) […]
Residency of Directors in Ontario Corporations
At least 25 percent of the directors of an Ontario corporation other than a non-resident corporation shall be resident Canadians, but where a corporation has less than four directors, at least one director shall be a resident Canadian. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 Hours. New low […]
Qualification of directors in Ontario Corporations
The following persons are disqualified from being a director of a corporation: 1. A person who is less than eighteen years of age. 2. A person who has been found under the Substitute Decisions Act, 1992 or under the Mental Health Act to be incapable of managing property or who has been found to be […]
First Directors Meeting in Ontario Corporations
After incorporation, a meeting of the directors of an Ontario corporation shall be held at which the directors may, (a) make by-laws; (b) adopt forms of security certificates and corporate records; (c) authorize the issue of securities; (d) appoint officers; (e) appoint one or more auditors to hold office until the first annual or special […]
Board of directors in Ontario Corporations
A corporation shall have a board of directors which shall consist of, (a) in the case of a corporation that is not an offering corporation, at least one individual; and (b) in the case of a corporation that is an offering corporation, not fewer than three individuals. Ontario Online Incorporation Service in 2 Hours for […]
Directors in Ontario Corporations
Subject to any unanimous shareholder agreement, the directors shall manage or supervise the management of the business and affairs of a corporation Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 Hours. New low incorporation fee $99 plus Govt fees. Business Corporations are incorporated in Ontario, according to the provisions […]
Shareholders’ meeting in Ontario Corporations
Subject to this Act or the articles or by-laws of a corporation or a unanimous shareholder agreement, (a) all questions proposed for the consideration of the shareholders shall be determined by the majority of the votes cast and the chair presiding at the meeting shall not have a second or casting vote in case of […]