
- Resources
- November 2, 2022
Individuals with significant control
As of June 2019, it is mandatory for all corporations incorporated under the Canada Business Corporations Act (CBCA) to maintain a register showing all individuals who have significant control over the corporation (s. 21.1(1) CBCA). By choosing to incorporate with Lex Start, this register will be created for you at incorporation, but it is important to understand the implications of this register to ensure that it is maintained throughout the life of your company.