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LLC Articles Of Incorporation Template for Canada

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Key Requirements PROMPT example:

LLC Articles Of Incorporation

"I need LLC Articles of Incorporation for a Canadian technology startup to be registered in March 2025, with a simple structure of 1,000 common shares and a single director, planning to operate primarily in Ontario."

Document background
Articles of Incorporation are essential documents required when establishing a new corporation in Canada. While commonly referred to as LLC Articles of Incorporation by some international businesses, it's important to note that in Canada, the term "LLC" is not used - instead, businesses incorporate as corporations under federal or provincial law. This document must be filed with either Corporations Canada or the relevant provincial/territorial registry, depending on whether federal or provincial incorporation is chosen. The Articles contain crucial information about the corporation's structure, including share classes, director requirements, and business restrictions. They form part of the corporation's constating documents and are required for various business activities, from opening bank accounts to entering into contracts. The document serves as evidence of the corporation's existence and outlines its fundamental characteristics and limitations.
Suggested Sections

1. Corporate Name: The official name of the corporation, including any required French or English versions

2. Registered Office: The official address of the corporation's registered office

3. Classes and Maximum Number of Shares: Description of share classes and the maximum number of shares the corporation is authorized to issue

4. Restrictions on Share Transfers: Any restrictions on the transfer of shares of the corporation

5. Number of Directors: The minimum and maximum number of directors

6. Business Restrictions: Any restrictions on the business the corporation may carry on

7. Other Provisions: Standard provisions required for corporate governance and operations

Optional Sections

1. Pre-emptive Rights: Provisions giving existing shareholders the right of first refusal on new share issuances

2. Special Voting Rights: Specific voting rights attached to different share classes

3. Cumulative Voting: Provisions allowing for cumulative voting in the election of directors

4. Additional Share Class Provisions: Detailed provisions for multiple share classes, if more than one class is created

5. Foreign Ownership Restrictions: Restrictions on foreign ownership if required by industry regulations

6. Special Quorum Requirements: Modified quorum requirements for shareholder or director meetings

Suggested Schedules

1. Schedule A - Share Capital: Detailed description of share classes, rights, and restrictions

2. Schedule B - Initial Directors: List of initial directors with their addresses and consent

3. Schedule C - First Officers: List of initial officers and their positions

4. Schedule D - Form of Share Certificate: Template for share certificates including required legal text

5. Appendix 1 - NUANS Name Search Report: Corporate name search results confirming name availability

6. Appendix 2 - Consent to Act as First Director: Signed consents from initial directors

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























Clauses




















Relevant Industries

Technology

Manufacturing

Professional Services

Retail

Healthcare

Financial Services

Real Estate

Construction

Transportation

Energy

Agriculture

Entertainment

Education

Consulting

Non-Profit

Relevant Teams

Legal

Corporate Governance

Executive Leadership

Finance

Compliance

Risk Management

Board of Directors

Corporate Affairs

Business Development

Administrative

Relevant Roles

CEO

Corporate Secretary

General Counsel

Legal Director

Chief Legal Officer

Business Development Manager

Chief Financial Officer

Corporate Paralegal

Compliance Officer

Board Director

Company Director

Managing Director

Corporate Governance Officer

Risk Manager

Legal Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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