{"id":13506,"date":"2018-08-21T20:10:34","date_gmt":"2018-08-21T20:10:34","guid":{"rendered":"http:\/\/chalatilegal.ca\/?page_id=13506"},"modified":"2023-05-23T13:01:03","modified_gmt":"2023-05-23T13:01:03","slug":"corporate-resolutions-minutes","status":"publish","type":"page","link":"https:\/\/chalatilegal.ca\/en\/corporate-resolutions-minutes\/","title":{"rendered":"Corporate Resolutions and Minutes"},"content":{"rendered":"

[vc_row full_width=”stretch_row_content_no_spaces”][vc_column][layerslider_vc id=”16″][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=”50px”][vc_column_text]<\/p>\n

Our full management service for your business’ legal affairs.<\/span><\/h1>\n

[\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1534885402679{padding-top: 120px !important;padding-bottom: 120px !important;}”][vc_column width=”1\/4″ css=”.vc_custom_1534885161423{padding-right: 100px !important;background-color: #5f4f87 !important;}”][vc_column_text css=”.vc_custom_1534885312429{padding-top: 150px !important;padding-right: 40px !important;}”]<\/p>\n

What<\/span> we draft<\/span>.\u00a0<\/span><\/h1>\n

Types of Corporate Minutes and Resolutions\u00a0<\/span>[\/vc_column_text][vc_separator color=”custom” align=”align_left” border_width=”4″ el_width=”30″ accent_color=”#45f0df” css=”.vc_custom_1534885077698{padding-bottom: 150px !important;}”][\/vc_column][vc_column width=”1\/4″][vc_empty_space][vc_column_text css_animation=”slideInRight”]<\/p>\n

Basic Resolutions<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

    \n
  1. Approval of the yearly financial statements by the Board of Directors and Shareholders<\/li>\n
  2. Change of Address<\/li>\n
  3. Change of Director<\/li>\n
  4. Change of Officer<\/li>\n
  5. Change of Shareholder<\/li>\n
  6. Accounting, audit and bonus resolutions<\/li>\n
  7. Declaration of dividend in shares or cash<\/li>\n
  8. New Shareholder Subscription<\/li>\n
  9. Emission of new share certificates<\/li>\n
  10. Corporate decisions resolutions<\/li>\n
  11. Resolution to Appoint a representative<\/li>\n
  12. and many more.<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][vc_column width=”1\/4″][vc_empty_space][vc_column_text css_animation=”slideInRight”]<\/p>\n

    Complex Resolutions<\/span><\/h1>\n

    \uf103<\/i><\/span><\/p>\n

      \n
    1. Changes to the legal organization<\/li>\n
    2. Change of Name<\/li>\n
    3. Shareholder Agreement<\/li>\n
    4. Amending a shareholder agreement<\/li>\n
    5. Share transactions \/ share transfer<\/li>\n
    6. New share class (capital stock) (rollover and others)<\/li>\n
    7. Amendment of articles of incorporation<\/li>\n
    8. Redemption of shares at the option of the holder of the company<\/li>\n
    9. Transmission of shares upon death or will<\/li>\n
    10. Resolution sale of company assets for cash \/ sale of company shares for cash<\/li>\n
    11. Amalgamation of Corporation<\/li>\n
    12. Dissolution or liquidation of Corporation<\/li>\n
    13. and many more.<\/li>\n<\/ol>\n

      [\/vc_column_text][\/vc_column][vc_column width=”1\/4″ css=”.vc_custom_1534963739432{padding-top: 240px !important;padding-bottom: 240px !important;}”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

      Shop Our Packages.<\/span><\/h1>\n

      [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df” css=”.vc_custom_1523649570154{padding-bottom: 20px !important;}”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/6″][vc_column_text css=”.vc_custom_1523299862719{background-color: #ffffff !important;}”][\/vc_column_text][\/vc_column][vc_column width=”2\/6″][lab_pricing_table plan_price=”$175.00″ title=”Basic Resolution” header_background_color=”#45f0df” header_text_color=”#ffffff” title_background_color=”#25ced1″ title_text_color=”#000000″ purchase_background_color=”#45f0df” purchase_text_color=”#ffffff” plan_features=”\u2713 Drafting of 1 basic resolution
      \n\u2713 Update to the Corporate Registry
      \n\u2713 Entry of the resolution into the corporate minute book” plan_description=”+tax”][\/vc_column][vc_column width=”2\/6″][lab_pricing_table plan_price=”$500.00″ title=”Complex Resolution” plan_features=”\u2713 Drafting of 1 complex resolution
      \n\u2713 Update to the Corporate Registry
      \n\u2713 Payment of Government Fees
      \n\u2713 Entry of the resolution into the corporate minute book” header_background_color=”#45f0df” header_text_color=”#ffffff” title_background_color=”#25ced1″ title_text_color=”#000000″ purchase_background_color=”#45f0df” purchase_text_color=”#ffffff” plan_description=”starting at”][\/vc_column][vc_column width=”1\/6″][vc_column_text css=”.vc_custom_1523299862719{background-color: #ffffff !important;}”][\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text]<\/p>\n

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      A handful of some of the industries we’ve worked with<\/p>\n

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      E-commerce<\/p>\n

      [\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/3″][vc_icon type=”material” icon_material=”vc-material vc-material-money_off” color=”custom” background_style=”boxed” background_color=”custom” size=”lg” align=”center” custom_color=”#ffffff” custom_background_color=”#5f4f87″][vc_column_text]<\/p>\n

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      Real Estate<\/p>\n

      [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1523389709001{background-color: #45f0df !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1523649430654{padding-top: 50px !important;}”]<\/p>\n

      Ambitious business but small budget?<\/span><\/h1>\n

      Discover our resources section. You’ll find videos, guides and contracts to guide you through the legal of your business.<\/span><\/h1>\n

      Learn and copy the techniques we use for our clients and use them to protect your business.<\/span><\/h1>\n

      [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#5f4f87″][vc_btn title=”Learn More” style=”custom” custom_background=”#5f4f87″ custom_text=”#ffffff” shape=”square” align=”center” link=”url:http%3A%2F%2Fchalatilegal.ca%2Fen%2Fknowledge-base%2F|||” css=”.vc_custom_1534864946873{padding-bottom: 50px !important;}”][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1523302936027{padding-top: 50px !important;}”]<\/p>\n

      Frequently Asked Questions.<\/span><\/h1>\n

      Find As to your Qs<\/p>\n

      [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df” css=”.vc_custom_1523649049598{padding-bottom: 32px !important;}”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1523382416223{padding-right: 42px !important;padding-left: 42px !important;}”][vc_column][vc_tta_accordion style=”modern” shape=”square” active_section=”500″ collapsible_all=”true”][vc_tta_section title=”What are a corporation’s obligations with regards to their business activities and decisions?” tab_id=”1523388080539-0744c53f-6328″][vc_column_text]As a corporation, one of your general obligations is to prepare all documents related to the your business’ decisions and activities. These documents are known as corporate minutes and resolutions.<\/p>\n

      Subsequently, depending on the change made in your business, you will also have the obligation in some cases to update the corporate registry to reflect the change.<\/p>\n

      [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”What type of business decision or activity requires a corporate minute or resolution?” tab_id=”1523388080578-6ed954ef-bc4f”][vc_column_text]You will need to draft a corporate minute or resolution for the following business decisions:<\/p>\n

        \n
      1. Approval of the yearly financial statements by the Board of Directors and Shareholders<\/li>\n
      2. Changes to the legal organization<\/li>\n
      3. Change of Name<\/li>\n
      4. Change of Address<\/li>\n
      5. Change of Director<\/li>\n
      6. Change of Officer<\/li>\n
      7. Change of Shareholder<\/li>\n
      8. Accounting, audit and bonus resoutions<\/li>\n
      9. Declaration of dividend in shares or cash<\/li>\n
      10. New shareholder subscription<\/li>\n
      11. Shareholder agreement<\/li>\n
      12. Amending shareholder agreement<\/li>\n
      13. Emission of a new share certificates<\/li>\n
      14. Share transactions \/ Share transfer<\/li>\n
      15. Corporate decisions resolutions<\/li>\n
      16. New share class (capital stock) (rollover and others)<\/li>\n
      17. Change of by-laws<\/li>\n
      18. Amendment of articles of incorporation<\/li>\n
      19. Redemption of shares at the option of the holder of the company<\/li>\n
      20. Transmission of shares upon death or will<\/li>\n
      21. Resolution sale of company assets for cash \/ sale of company shares for cash<\/li>\n
      22. Resolution to appoint a representative<\/li>\n
      23. Amalgamation of Corporation<\/li>\n
      24. Dissolution or liquidation of Corporation<\/li>\n
      25. and many more.<\/li>\n<\/ol>\n

        [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Will there be any government fees for changes made in my business?” tab_id=”1534281471168-78b4805a-f9d7″][vc_column_text]Yes, certain updates or amendments of your business are subject to additional fees at the Corporate registries.<\/p>\n

        For instance, if you change your name, amend your articles, dissolve your corporation…etc., you will be subject fees at the Corporate registries. Should you want to make any major modifications in your business, do not hesitate to contact us, we are happy to help.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Does Chalati Lawyer offer an annual update service?” tab_id=”1534885744420-eb55e707-8556″][vc_column_text]Yes, we do! If you are looking to have your business updated yearly at an annual fee, visit our corporate maintenance page<\/a> or contact us<\/a> to get more information.<\/p>\n

        [\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

        Ready to go?<\/span><\/h1>\n

        Request a consultation via the form below<\/p>\n

        [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][lab_contact_form name_title=”Name.” email_title=”Email.” message_title=”Message.” show_subject_field=”yes” subject_title=”Phone.” submit_success=”Thank you, message sent!” alert_errors=””][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

        [vc_row full_width=”stretch_row_content_no_spaces”][vc_column][layerslider_vc id=”16″][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=”50px”][vc_column_text] Our full management service for your business’ legal affairs. [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1534885402679{padding-top: 120px !important;padding-bottom: 120px !important;}”][vc_column width=”1\/4″ css=”.vc_custom_1534885161423{padding-right: 100px !important;background-color: #5f4f87 !important;}”][vc_column_text css=”.vc_custom_1534885312429{padding-top: 150px !important;padding-right: 40px !important;}”] What we draft.\u00a0 Types of Corporate Minutes and Resolutions\u00a0[\/vc_column_text][vc_separator color=”custom” align=”align_left” border_width=”4″ el_width=”30″ accent_color=”#45f0df” css=”.vc_custom_1534885077698{padding-bottom: 150px !important;}”][\/vc_column][vc_column width=”1\/4″][vc_empty_space][vc_column_text css_animation=”slideInRight”] Basic…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-13506","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/comments?post=13506"}],"version-history":[{"count":31,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13506\/revisions"}],"predecessor-version":[{"id":14793,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13506\/revisions\/14793"}],"wp:attachment":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/media?parent=13506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}