What does "organizing the corporation" mean?
Once the corporation has been incorporated and the Articles of Incorporation have been filed with the relevant government department or authority, the next step involves formally organizing the corporation.
All of the required steps to organize your corporation will have been performed by the time you have received your corporation's Articles of Incorporation, its minute book and all other required documentation which include:
- Resolutions of the shareholders electing the directors
- Resolutions of directors accepting the subscription of shareholders
- Adopting the by-laws
- Appointing the officers
- Confirming the registered office address
- Adopting and issuing the share certificates
- Appoint/waiving to appoint auditors
- Among others
The remaining task will be for you, and the other directors, and shareholders, if any, to sign the relevant resolutions, share certificates, minutes and other documents. All such documents will clearly indicate where each person must sign. Today, you can have a digital minute book and sign all these documents electronically.
To learn more or to perform some compliance check out our site: https://www.corpcentre.ca/compliance-centre/