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 […]
Tag Archives | Ontario Corporations
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 […]
Notice of shareholders’ meetings in Ontario Corporations
Notice of the time and place of a meeting of shareholders shall be sent, in the case of an offering corporation, not less than twenty-one days and, in the case of any other corporation, not less than ten days, but, in either case, not more than fifty days, before the meeting, (a) to each shareholder […]
Place of meetings of Shareholders of Ontario Corporations
Subject to the articles and any unanimous shareholder agreement, a meeting of shareholders of a corporation shall be held at such place in or outside Ontario as the directors determine or, in the absence of such a determination, at the place where the registered office of the corporation is located. Ontario Online Incorporation Service in […]
Shareholders’ liability limited in Ontario Corporations
The shareholders of a corporation are not, as shareholders, liable for any act, default, obligation or liability of the 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 of the […]
Rights of shareholders in Ontario Corporations
Where a corporation has only one class of shares, the rights of the holders thereof are equal in all respects and include the rights, (a) to vote at all meetings of shareholders; and (b) to receive the remaining property of the corporation upon dissolution. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario […]
Capacity to act outside Ontario for Ontario Corporations
A corporation has the capacity to carry on its business, conduct its affairs and exercise its powers in any jurisdiction outside Ontario to the extent that the laws of such jurisdiction permit. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 Hours. New low incorporation fee $99 plus Govt fees. […]
Corporate powers of Ontario Corporation
A corporation has the capacity and the rights, powers, and privileges of a natural person. 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 of the Ontario Business Corporation Act with […]
Restrictions on corporate name for Ontario Corporations
The word “Limited”, “Limitée”, “Incorporated”, “Incorporée” or “Corporation” or the corresponding abbreviations “Ltd.”, “Ltée”, “Inc.” or “Corp.” shall be part, in addition to any use in a figurative or descriptive sense, of the name of every corporation, but a corporation may be legally designated by either the full or the abbreviated form. Ontario Online Incorporation […]
