Annual Compliance Checklist in Canada is a set of document that helps businesses ensure they meet all the regulatory requirements and legal obligations imposed by federal, provincial, and municipal authorities. This checklist typically covers various aspects such as tax filings, financial reporting, employment standards, and industry-specific regulations. By meticulously following the checklist, businesses can mitigate the risk of non-compliance, avoid penalties, and maintain their reputation. It serves as a valuable tool for Canadian companies to stay organized and uphold their legal responsibilities throughout the year.
| Required Business Activities to Be Performed Every Year in Canada |
| File an Annual Return |
| File Individuals with Significant Control (ISC) |
| File Notice of Change |
| Business Activity Performed This Year | Compliance Filing Required |
| Changed your Corporation Name | |
| Changed your Business Address | Notice of Change |
| Expanded your business into a new Province(s) | |
| Changed Your Buisness Jurisdiction | |
| Closed/Dissolved your Corporation | File Artilces of Dissolution |
| Cancelled Your Business Registration | Cancelled Existing Business |
| Updated your Business | |
| Revived Your Corporation | File Revive of Corporation |
| Expanded your business internationally (USA) | Register LLC in USA |
| Trade Name/DBA/Operating as name for corporation | Register Trade name |
| Changed your Business activity or purpose | Call 647 948 7191 |
| Added/Removed Director of Corporation | Director Change |
| Changed the ownership of your Corporation | Shareholder Change |
| Want to TradeMark | Trademark Application |
| Needed Canadian Copyright | Copyright Registration |
| New/Renew Master Business License in Ontario | Register Master Business License |
| Merged with another company or were acquired | Call 647 948 7191 |
| Business license or permit expired | Call 647 948 7191 |
| Failed to file your Annual Return | File Annual Return |
| Corporation’s Notice of Change | Notice of Change |
| Failed to file your Initial Return | File Initila Return |
| Changed the Share Class/Share Structure | |
| Added a new division to your Cusiness | Register Trade Name |
| Needed Registered Address | Address Service |
| Apply for a business loan | Certificate of Status |
| Need Corporation Details | Corporation Profile Report |
| Started charging sales tax (HST/PST/QST) | GST/HST/PST Account Set up |
| Hired your first employee(s) | Payroll Account Setup |
| Started Export-Import | Export-Import Account Set Up |
| Need Export-Import License | Register Export-Import License |
| Needed Agent For Service | Order Agent for Service |
| Held an annual meeting | Draft Annual Meeting Minutes |