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Electronic Signatures – Regulations and Best Practices

Posted on 20 July 2018 by Althea Yip and Sean Bernstein

Regardless of the industry or the company, business owners and managers often handle and sign a substantial number of documents on a day-to-day basis. These documents may include supplier contracts, employee agreements, financing and banking documents, minute book documents and various correspondences. Given the significant amount of paper involved, the

How to recognize fraud in corporate transactions?

Posted on 3 July 2018 by Sean Bernstein

Lawyers can be disciplined by the Law Society for the “Dishonesty, Fraud etc” of their clients. And so, for the sake of themselves and their clients, a lawyer must always be vigilant against fraud in transactions. Rule 3.2-7 of the Law Society’s Rules of Professional Conduct states, A lawyer shall

Does My Company Need a Corporate Minute Book?

Posted on 24 May 2018 by Sean Bernstein

A corporate minute book is a collection of basic, but necessary records for incorporated companies. Much like a patient’s health history or a high school student’s permanent record, a minute book contains information about the status of the corporation, its shareholders, directors and corporate board minutes, as well as other

Corporate Filings, Annual Resolutions, and Minute Books

Posted on 18 April 2018 by Sean Bernstein

Every corporation in Canada, by law, must file annual corporate returns. Within 60 days of the corporation’s incorporation or amalgamation date, each corporation must submit the requisite filing documents to Corporations Canada. If you incorporate on September 1, 2017, your annual filing will be due on October 30, 2018. The

What are the Corporate Minute Book Requirements for the CRA?

Posted on 15 February 2018 by Sean Bernstein

An audit is a scary thing. The idea of government officials pouring over internal company records, micro-searching for financial incongruencies is enough to keep any business owner up at night. Fingers crossed it never happens to you. But sometimes it does… According to the Canada Revenue Agency (CRA) website, during

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