In Ontario’s corporate regulatory environment, statutory record-keeping is not a matter of administrative preference or internal governance style. It is a legal obligation imposed on every corporation incorporated under the Ontario Business Corporations Act (OBCA) and on federally incorporated corporations that operate within the province. The Ontario corporate minute book functions as the official legal […]
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Ontario Corporate Minute Book Requirements — Ontario Minute Book Compliance, Mandatory Records, and Legal Risks
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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. […]
Canada Corporate Minute Books
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 […]
