The Next Steps
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Corporate Name
Your requested corporate name will be searched for in the NUANS database, and if available be submitted for reservation. There is a $50.00 fee for every NUANS search. If your requested Corporate Name is already registered or inappropriate, you will be notified by LawDepot and you may select an alternate name (subject to an additional NUANS search) or choose to have a Numbered Corporation.
Corporate Addresses
Initial Directors
At least 1/4 of of the members of the Board of Directors must be resident Canadians.
Initial Shareholders
Completing this information is optional.
Initial Officers
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Articles of Incorporation
Articles of Incorporation Details:
* There is no restriction on the business that the Corporation may carry on.
* The minimum number of Directors is one (1), with a maximum of ten (10).
* The Corporation can issues shares without nominal or par value for two classes of shares.
** Class "A" shares are Voting Common Shares;
** Class "B" shares are Non-Voting Common Shares;
* The Corporation is a Private Issuer as deemed by National Instrument 45-106:
** No share transfers can be made without the consent of the Board of Directors or a Unanimous Shareholders Agreement.
** Share ownership is restricted to less than 50 individuals, unless specified in law.
** No shares will be available for sale to the public at the time of the Corporation's formation.
*The holders of Class "A" Common Shares and Class "B" Common Shares shall be entitled to receive a dividend, when and as specified by the Board of Directors of the Corporation.