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Startup Articles Of Incorporation Template for Canada

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Key Requirements PROMPT example:

Startup Articles Of Incorporation

"I need Startup Articles of Incorporation for a Canadian technology company planning to launch in March 2025, with a dual-class share structure (Class A voting shares for founders and Class B non-voting shares for investors) and provisions to maintain CCPC status."

Document background
Startup Articles of Incorporation are essential documents required when establishing a new corporation in Canada. They must be filed with either federal or provincial authorities, depending on the chosen jurisdiction of incorporation. The document is mandatory for any business seeking to incorporate and includes crucial information such as the corporate name, share structure, director information, and registered office address. It forms the foundation for the company's legal existence and governs fundamental aspects of corporate operations. This document is particularly important for startups as it establishes the initial corporate structure that will support future growth, investment, and operations. The contents must comply with the Canada Business Corporations Act (for federal incorporations) or relevant provincial legislation, and the document serves as a reference point for shareholders, directors, and other stakeholders throughout the corporation's existence.
Suggested Sections

1. Corporate Name: The approved corporate name, including French or English versions if applicable

2. Registered Office: Address of the registered office including province of registration

3. Number of Directors: Minimum and maximum number of directors permitted

4. Share Structure: Details of authorized share capital, including classes of shares and their rights and restrictions

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

6. Other Provisions: Standard provisions required by law including business restrictions if any

7. Incorporator Information: Details of the incorporating individuals or entities

Optional Sections

1. Pre-emptive Rights: Include when shareholders should have first right to purchase new share issuances

2. Share Purchase Rights: Include when the corporation should have the right to purchase its own shares

3. Special Shareholder Approval Requirements: Include when certain corporate actions require special majority approval

4. Business Restrictions: Include when the corporation wants to limit its business activities to specific areas

5. Foreign Ownership Restrictions: Include when the corporation needs to maintain Canadian control status

6. Enhanced Quorum Requirements: Include when higher quorum requirements are desired for certain decisions

Suggested Schedules

1. Schedule A - Share Rights and Restrictions: Detailed description of rights, privileges, restrictions and conditions attached to each class of shares

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

3. Schedule C - Corporate Governance Provisions: Additional corporate governance rules and procedures

4. Schedule D - Restrictions on Business: Detailed description of any restrictions on the business the corporation may carry on

5. Appendix 1 - Form 2 - Initial Registered Office Address: Required form specifying the initial registered office address

6. Appendix 2 - Form 3 - Notice of Directors: Required form providing details of 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

Financial Services

Healthcare

E-commerce

Manufacturing

Professional Services

Biotechnology

Clean Technology

Software Development

Consumer Products

Real Estate

Educational Services

Transportation

Media and Entertainment

Relevant Teams

Legal

Corporate Governance

Executive Leadership

Compliance

Finance

Administrative

Board of Directors

Corporate Affairs

Business Development

Relevant Roles

CEO

Company Secretary

Corporate Lawyer

Chief Legal Officer

Board Director

CFO

Compliance Officer

Corporate Governance Officer

Managing Director

General Counsel

Legal Associate

Corporate Paralegal

Incorporation Specialist

Startup Founder

Business Development Executive

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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