Every corporation in Alberta must have a “registered office” address listed with Corporate Registry. The registered office is the address where the minute book should be kept, and also where legal documents can be served on the corporation. Also, directors, shareholders, and other stakeholders of the company have rights to see the certain corporate documents […]
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TIPS. THOUGHTS. RANTS.
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TIPS. THOUGHTS. RANTS.
READ HERE.
Every corporation is required to have certain documents such as articles, bylaws, director resolution, shareholder resolutions, share certificates, share registers, and ledgers to name a few. All of those documents go into a binder called the minute book. Every corporation is required by law to have a minute book, but there are other reasons to […]
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TIPS. THOUGHTS. RANTS.
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The name for your corporation always has to end in a “legal element”. A legal element is the “Ltd.”, “Limited”, “Inc.”, “Incorporated”, “Corp.”, or “Corporation” that goes at the end of the name. What’s the difference between those six things? Nothing – they all mean the same thing in Alberta. Pick whichever one you think […]
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TIPS. THOUGHTS. RANTS.
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There’s no hard and fast rule on when to incorporate, but here are four reasons you might consider incorporating your business. Liability protection. A corporation is a separate person under the law. If somebody sues the company that person is suing the corporation, not you, and your personal assets are protected. Taxes. Corporate tax is […]
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TIPS. THOUGHTS. RANTS.
READ HERE.
Every corporation needs certain documents such as bylaws, director resolutions, shareholder resolutions, share certificates, share registers and ledgers, and director/officer registers. These documents are typically kept in a binder which is called a “minute book”. Each year the corporation is required to prepare certain shareholder resolutions and director resolutions which are kept in the minute […]