
Upcoming Changes to the BC Business Corporation Act – Beneficial Ownership Disclosure Requirements for BC Private Companies
Later in 2026, under Bill 20-2023 – Business Corporations Amendment Act, 2023 (the “Amendment”), the BC Government will amend the BC Business Corporation Act (“BCBCA”) to create a public beneficial ownership registry (the “Beneficial Corporate Registry”) for BC private companies – similar to the Land Owner Transparency Registry, which covers land ownership. This will require...
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