Marwah LawOttawa, ON · November 29, 2022Follow

The importance of Corporate annual resolutions and annual returns

This article summarizes one of the most important corporate requirements for all corporations governed by the Business Corporations Act (Ontario) (“OBCA”) and the Canada Business Corporations Act (“CBCA”). What is it? Pursuant to the OBCA and CBCA, every corporation, big or small, incorporated federally or in Ontario, must, on annually basis: Annual returns are government filings that helps...

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