From the Vault: What Should Go In My Corporate Minute Book?

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The Legalmybiz.ca Podcast

From the Vault: What Should Go In My Corporate Minute Book?

Feb 8, 2024 · 19m 15s

Today I have another “From the Vault” episode, and this is a timely one. If your business is incorporated with a December 31st year-end, you are likely getting things together...

Today I have another “From the Vault” episode, and this is a timely one. If your business is incorporated with a December 31st year-end, you are likely getting things together for your accountant to prepare for tax preparation and filing. In this episode, I reveal what you need to be thinking about in regards to your corporate minute book, and I hope it serves as a good reminder of the annual “maintenance” you need to do for your business that’s incorporated.

Specifically, I dive into:

What is a corporate minute book? It can be physical (often a binder) or digital (usually a PDF).
What should be included in a corporate minute book? - There are five key sections of the corporate minute book - Constating Documents, Certificates, Minutes, Registers, and Share Certificates.
When should a corporate minute book be updated? - Update and maintain certain sections of your minute book when your corporation has changes or on an annual basis.

As mentioned in last week’s episode, If you are looking to create a solid legal foundation for your Canadian online business with guided legal templates designed by an experienced business lawyer, my Canadian Online Legal Template Library is open for enrollment for a very limited time, until February 9th, and you can join now at www.onlinelegalessentials.ca/canadianlegaltemplatelibrary!

Mentioned in the episode:

Check out our Annual Corporate Dividends Resolutions Package - https://onlinelegalessentials.thrivecart.com/annual-corporation-dividend-resolutions/

Join My Canadian Online Legal Template Library - open for enrollment until February 9th —

Listen to Get It In Writing on Apple, Spotify or wherever you catch your favorite podcasts!

For more please visit OnlineLegalEssentials.ca and watch for the brand new website Legalmybiz.ca coming soon! You can connect with Corinne on Instagram at www.instagram.com/legalguidecorinne/ or by email, corinne@legalmybiz.ca.