Document background
The Articles of Incorporation Organization document is a mandatory legal requirement for incorporating a business in Canada, whether at the federal level under the Canada Business Corporations Act (CBCA) or under provincial legislation. This foundational document must be filed when establishing a new corporation and includes crucial information about the company's structure, including share classes, director requirements, and business restrictions. It forms the basis for corporate existence and governance, establishing the corporation as a separate legal entity from its shareholders. The document becomes part of the public record and is essential for various corporate activities, from opening bank accounts to issuing shares. It requires careful consideration of business needs and future growth plans, as amendments typically require shareholder approval and additional filings with regulatory authorities.
