Guides · by EURA

Guides for Ontario corporations

Practical, no-fluff guides for anyone setting up a corporation in Ontario. Written by EURA to go alongside Carta, our affordable corporate record-keeping platform.

Getting started

Incorporating, banking and getting paid.

Running an Ontario corporation

The records, filings and annual paperwork the OBCA, ONCA and Corporations Information Act require.

Record keeping

What an Ontario corporation's minute book has to contain

The records every Ontario business corporation has to keep under section 140 of the OBCA: articles and by-laws, minutes and resolutions, directors register, securities register, ISC register and accounting records.

7 min read

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Annual filing

Filing the Ontario annual return

Ontario corporations file an annual return through the Ontario Business Registry within 60 days after their anniversary date. What it contains, what you need to file it, and what happens if you don't.

5 min read

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Beneficial ownership

The ISC register for Ontario corporations

Since January 1, 2023, private Ontario corporations must keep a register of individuals with significant control. Who counts, what to record, how fast to update it and who can ask to see it.

6 min read

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Annual governance

Annual resolutions instead of an annual meeting

Most small Ontario corporations replace their annual meeting with written resolutions. What the directors' and shareholders' annual resolutions cover, the timing rules, and the section 148 audit exemption.

7 min read

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Directors

Director consent to act in Ontario

A person elected or appointed as an Ontario director must consent in writing before or within 10 days after. What a consent contains, who can be a director, and keeping consents in the minute book.

4 min read

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Filings

Notice of change: reporting director and office changes

Ontario corporations file an initial return within 60 days of incorporation and a notice of change within 15 days when directors, officers or the registered office change. What to file and where.

5 min read

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Corporation types

OBCA and ONCA corporations: what's different about the records

Ontario business corporations follow the OBCA and not-for-profits follow the ONCA. How their records, directors, meetings and audit rules differ, and what that means for the minute book.

5 min read

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After you incorporate

Keep your records organized with Carta

Once you have your certificate of incorporation, you're legally required to maintain certain corporate records. Carta gives you a clean, affordable workspace for minute books, registers, resolutions, and documents — at a fraction of what expensive incorporation platforms charge.