Articles Of Incorporation
What Are Articles Of Incorporation In Canada?
Under the Canada Business Corporations Act, Canadians are entitled to incorporate an organization making it a separate legal entity. The biggest advantage of incorporating is that the members are generally not liable for debts. Articles of Incorporation is the name given to the initial documents filed with the provincial or federal government.
The Articles of Incorporation is just a written document that outlines things like:
- Company name
- Share structure
- Restrictions on business activities
- Number of directors
- Other provisions
This is a crucial document to help plan for how to handle certain situations whether planned or unexpected the articles of incorporation will provide rules about governing the business.
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Need help choosing & registering a corporate word name?
Know that your name isn’t registered as a trademark or used in another entity in Canada.
Complex business structures, multiple classes & voting
Complex organizations may require additional shares, voting rules or structure in place. Let us handle customizing complex incorporations in Canada.
Expanding your business into Canada
Canada welcomes competition from international businesses. Incorporating in Canada can have many benefits for foreigners.
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Lots of people find registering their business a very stressful task. Let Canada Business Lawyers help you start off on the right track. Affordable legal services at every step of your business.
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Legal Document FAQ
What language do my articles of incorporation need to be in?
In Canada Articles of Incorporation must be in English or French.
What information is included with the articles of incorporation?
The names of the directors, addresses, phone numbers, business activities, and other provisions about how the business will operate.
What is a shot gun clause?
The process of initiating the purchase or sale of shares in the company. The party who receives the offer may choose to purchase or sell at the offered price.