Canada federal corporation annual return filing for only $49.99 plus government fees. Every Canada federal corporation has to file its annual return with the Canada federal corporate registry office every year. Filing an annual return avoids the potential administrative dissolution of a business.
The Canada Business Corporations Act requires that certain statutory filings be made in order for a Canada federal corporation to remain in good standing and compliance. If the filings are not completed in accordance with the Act, penalties and fines may be incurred or the corporation may be dissolved by the Registrar.
All corporations under the Canada Business Corporations Acts are required to make certain filings, including the Annual Report/Return. Every Canada federal corporation (even if it is not operating) must file an annual return along with the filing fee to remain ACTIVE. The basis for filing will be according to the Anniversary Date of Incorporation. The annual return needs to be filed prior to the next year’s annual return coming due. Should the corporation fail to file prior to this date, a letter with intent to dissolve will be mailed out by the Registrar giving the corporation a date it will be dissolved if no filings are made.
Once the corporation has been dissolved, there is no other option if you want to keep doing business with this corporation other than to revive the corporation and this can be very costly.