Tax season is in full swing and your accountants are working overtime trying to complete your corporation’s financial statements. Although most entrepreneurs already know that their businesses must prepare these financial statements on a yearly basis, very few know that the Law (whether it be at the Quebec or at the federal level) requires that […]
Tag Archives: preferred shares
The benefits of a share capital with various classes
business law share capital shares UncategorizedWhether this option is chosen at the time of incorporation or later, the incorporating documents of each joint-stock corporation includes a designation of shares and a description of their characteristics. This share capital represents the shares the corporation may issue to its shareholders. Thus, while all joint-stock corporations have a share capital, some have the advantage of a flexible, detailed […]