Why Keep Your Minute Book Electronically?
Why Keep Your Minute Book Electronically? Minute books do not need to be maintained physically in paper form. Instead, they can be scanned and stored digitally or even signed electronically and stored. Businesses can choose either option when transitioning to electronic storage. Storing a minute book electronically gives business owners instant access to their corporation’s […]
What Is A Minute Book?
What Is A Minute Book? A minute book contains all the essential documents related to your corporation and can be stored either in a physical binder or electronically. Corporations are required to maintain an up-to-date minute book, regardless of their size or they are incorporated in Ontario (under the Ontario Business Corporations Act, the “OBCA”) […]
Why Incorporate A Business?
Why Incorporate A Business? In Canada there are many ways to carry on a business. The three most common methods are a sole proprietor, a partnership and a corporation. Incorporating your business can provide many advantages, and it’s not limited to larger businesses. Individuals conducting business on their own can also benefit from incorporation. Some […]
How to Incorporate in Ontario and in Canada
How to Incorporate in Ontario and in Canada Ontario businesses have the option to incorporate provincially or federally. While the rights afforded to businesses are similar, this decision is influenced based on where you want the business to operate. Smaller businesses that don’t foresee operating in other provinces tend to incorporate in Ontario. Larger businesses […]