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Questions from the mailbox: what is the Ontario Annual Return anyway?
Recently, we have had several clients ask: “what is my Annual Return, and is it a new requirement for my Corporation?”.
As part of the ongoing efforts to digitize compliance for Corporations incorporated under the Ontario Business Corporations Act, the Annual Return (AR) requires all Ontario corporations (including Federal or Extra-Provincial Corporations who are registered in Ontario) to submit information annually regarding...
Piercing the Corporate Veil: Why Being Incorporated Matters
“Piercing the corporate veil” is not just a fun term that corporate lawyers like to throw around, but is a legal concept that allows courts to hold individuals personally liable for the debts or actions of a corporation. While corporations provide limited liability protection to their shareholders, directors, and officers, there are situations where this protection can be disregarded.
Shareholders Agreements
In the vibrant landscape of Ontario business law, savvy entrepreneurs understand that success is not only about innovation and market presence but also about establishing a strong legal foundation from which the business can flourish. An often overlooked, yet crucial aspect of this foundation is the shareholders’ agreement. In this guide, we explore the vital role a well-crafted shareholders’ agreement plays in the success and longevity of your Ontario-based business.