When you decide to incorporate your company there are many things that you need to do, but one of the most important tasks is setting up a Minute Book. The business registry does not require you to set one up but as a business owner you are responsible for creating one and updating it annually or if there are changes to the company for example in shareholder information. With the right amount of information, creating a Minute Book is not such an intimidating task.
Your Minute Book is comprised of important company documents including:
It is always best to have your Minute Book already prepared to meet any of these situations. If you rush to put one together you can miss important information or put inaccurate information into the Minute Book, which could cost your company money. For more information visit:
https://www.canadianbusinessresources.ca/what-goes-in-a-minute-book/
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