Document background
Social Enterprise Articles of Association are foundational documents required when establishing a social enterprise in Canada, whether under federal or provincial jurisdiction. These articles serve as the constitutional document of the organization, defining its structure, purpose, and governance framework. They are particularly crucial for entities seeking to balance commercial activities with social impact, incorporating specific provisions for asset locks, profit distribution restrictions, and impact measurement. The document must comply with relevant Canadian corporate legislation while addressing the unique needs of social enterprises, including stakeholder engagement and social impact reporting. This document is typically prepared during initial incorporation but may be amended as the organization evolves, requiring careful consideration of both business and social impact objectives.
