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Article Of Corporation Form Template for Canada

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Article Of Corporation Form

I need an Article of Corporation Form for a technology startup incorporating federally in Canada by March 2025, with provisions for multiple share classes including preferred shares for future investors, and flexibility for international operations.

Document background
The Article of Corporation Form is a crucial legal document required when establishing a corporation in Canada. It must be filed with either the federal government under the Canada Business Corporations Act (CBCA) or with provincial authorities under their respective business corporations acts. This document is mandatory for incorporation and contains essential information about the corporation's structure, including its name, share capital, registered office address, number of directors, and any restrictions on business activities. The articles serve as the foundation of the corporation's existence and govern its basic operations. They are publicly available documents and may need to be referenced for various corporate transactions, financing arrangements, or regulatory compliance matters throughout the corporation's lifetime. The content and format must strictly comply with relevant Canadian legislation, and amendments typically require shareholder approval and filing with the appropriate government authority.
Suggested Sections

1. Corporate Name: The approved name of the corporation, including any required French or English versions

2. Registered Office: The address of the corporation's registered office within Canada

3. Classes and Maximum Number of Shares: Description of share classes and the maximum number of shares the corporation is authorized to issue

4. Restrictions on Share Transfers: Any restrictions on the right to transfer shares of the corporation

5. Number of Directors: The minimum and maximum number of directors

6. Business Restrictions: Any restrictions on the business the corporation may carry on

7. Other Provisions: Any other fundamental provisions required for the operation of the corporation

Optional Sections

1. Pre-emptive Rights: Provisions giving existing shareholders the right of first refusal on new share issuances

2. Special Shareholder Rights: Additional rights or restrictions for specific share classes, used when creating complex share structures

3. Foreign Ownership Restrictions: Specific limitations on foreign ownership, required for certain regulated industries

4. Special Quorum Requirements: Modified quorum requirements for shareholder or director meetings

5. Special Majority Requirements: Requirements for super-majority votes on specific corporate actions

6. Appointment of Additional Directors: Provisions allowing for the appointment of additional directors between annual meetings

Suggested Schedules

1. Schedule A - Share Capital Structure: Detailed description of share classes, rights, privileges, restrictions, and conditions

2. Schedule B - Initial Directors: List of initial directors, including their names, addresses, and residency status

3. Schedule C - Restrictions on Business: Detailed description of any business restrictions or permitted activities

4. Schedule D - Other Provisions: Additional provisions affecting the regulation of the corporation's business and affairs

5. Schedule E - Share Transfer Restrictions: Detailed mechanisms and procedures for share transfers and related restrictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






















Relevant Industries

Professional Services

Manufacturing

Technology

Retail

Healthcare

Financial Services

Real Estate

Construction

Transportation

Energy

Agriculture

Education

Entertainment

Hospitality

Mining

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Governance

Executive Leadership

Board of Directors

Finance

Risk Management

Regulatory Affairs

Corporate Administration

Business Development

Relevant Roles

Chief Executive Officer

Corporate Secretary

Legal Counsel

Compliance Officer

Chief Financial Officer

Corporate Director

Board Member

Corporate Governance Officer

Risk Manager

Business Development Manager

Corporate Attorney

Managing Director

Company Secretary

Regulatory Affairs Manager

Operations Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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