Beneficial Ownership of Privately Held Corporations in Ontario
What you need to know! — Information and filing duties. As of January 1, 2023, privately held corporations in Ontario are required to keep their beneficial ownership information, or “individuals with significant control” (ISC) information, in the corporate minute book and are required to provide that information when requested by law enforcement, and regulatory and […]
Business Law Show Episode 3: Shareholders Agreement
We are excited to launch our new, limited business law series: “The Rabideau Law Business Law Show”. Join Rabideau Law’s business/corporate law associate lawyer, Jumi D. Odepe and corporate law clerk, Catherine Hendy, as they discuss everyday business law questions and issues that come their way with the aim to simplify and enlighten. EPISODE 3: […]
5 things to do after incorporating your business
1. OPEN A CORPORATE BANK ACCOUNT Your business is now incorporated and you are ready for business. Your corporation is a distinct legal entity, separate and apart from you. It can sue and be sued, it can own assets, transact business and it therefore needs a bank account, separate from your personal account. To open […]