Draft Annual Directors Resolutions and Shareholders Resolutions for Ontario (OBCA) Corporations

Financial statements

Draft Annual Directors Resolutions and Shareholders Resolutions for Ontario (OBCA) Corporations

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Ontario Resolutions

Now that we know why we must maintain annual resolutions for a company, we must also know how to maintain annual resolutions for a company. All Business Corporations Act (Ontario) (“OBCA”) corporations and Canada Business Corporations Act (“CBCA”) corporations, no matter how small and inactive they are, must hold at least: one annual meeting of Shareholders, and

Draft Annual Directors Resolutions and Shareholders Resolutions for Canada (CBCA) or Ontario (OBCA) Corporations

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Draft Resolutions Canada Corporations

Now that we know why we must maintain annual resolutions for a company, we must also know how to maintain annual resolutions for a company. All Business Corporations Act (Ontario) (“OBCA”) corporations and Canada Business Corporations Act (“CBCA”) corporations, no matter how small and inactive they are, must hold at least: one annual meeting of Shareholders, and

Maintain your Corporation or Else! – How to Maintain an Ontario or Canada Corporation

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Maintaining a Corporate Minute Book

If you have not maintained annual resolutions for your corporation, you should address this issue immediately. Both the Business Corporations Act (Ontario) (“OBCA”) and the Canada Business Corporations Act (“CBCA”) require annual corporate resolutions to be maintained and it is an offense not to maintain corporate records. In addition to maintaining annual corporate resolutions, an