In order to retain the limited liability that your Ontario corporation offers, you must follow certain corporate formalities involving decision making and the proper record keeping of your Ontario Corporation records. In short, you’ve got to be organized. Retaining Corporate Status Ontario Corporations and their owners must observe certain formalities to retain the corporation’s status […]
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The Importance of Protecting Your Ontario Corporate Status
An Ontario corporation is a legal entity that is created and regulated by state laws. For legal, practical, and tax purposes, a corporation is legally separate from any of the people who own, control, manage, or operate it. If you want the advantages of having a corporation, you must follow legal requirements for running it. […]
Corporate Minute Book Ontario
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 […]