You may choose pre-defined text that is commonly used to describe either one or two classes of shares or you may insert your own description. Please choose one of the above:
Choose “None” if you do not want any restrictions. If you want all transfers of shares to be approved by the directors and/or shareholders, you may choose pre-defined text that is commonly used to require approval of share transfers. You may also insert your own restrictions. Please indicate all restrictions on share transfers at this time:
Every corporation must have at least one director (at least three for a distributing corporation). Indicate the minimum and the maximum number of directors for the corporation. If you want a fixed number of directors, indicate the same number in each box.
Putting restrictions on the business a corporation may carry on is not mandatory but if you want to restrict the activities of the corporation, you must do so here.
Choose “None” if you do not want any restrictions. If you do want to put restrictions on the business the corporation may carry on, you may insert your own restrictions. Please indicate all restrictions on corporate activities at this time:
Other provisions refer to any other clauses a corporation may wish to include in its articles. For example, a corporation may wish to include clauses required to satisfy the requirements of other legislation or institutions.
Choose “None” if you do not want any other provisions. If you do want to add other provisions, you may choose one or more pre-defined provision(s) and/or you may insert your own provisions. Please indicate all other provisions at this time:
It is mandatory for a corporation to register in every province/territory in which it carries on business. Provincial and territorial legislation require a corporation to register in each province/territory where business activity occurs.
The fees to extra-provincially/territorially register vary from jurisdiction to jurisdiction because they are established by the respective province/territory.
To simplify this process, Newfoundland and Labrador, Nova Scotia and Ontario have established an online partnership with Innovation, Science and Economic Development Canada.
This federal/provincial online partnership is designed to save federal corporations time and effort. Since federal and provincial forms require much of the same data, this online service will automatically insert the data that has already been collected.
We recommend the Corporation have a President, Treasurer, and Secretary. Please provide the name of the President here.
We recommend the Corporation have a President, Treasurer, and Secretary. Please provide the name of the Treasurer here.
We recommend the Corporation have a President, Treasurer, and Secretary. Please provide the name of the Secretary here.
All Corporation must audit their yearly financial statements unless unanimously exempted by the shareholders. If your Corporation is small and there is only one shareholder, it is recommended that the Corporation exempt itself from the requirement to audit its financial statements.