This information is for not-for-profit organizations registered provincially in Ontario.
The Ontario Corporations Act governs not-for-profit corporations. Always check that your corporation is up-to-date with new regulations. The following information is only a guide.
Step 1: After your not-for-profit corporation receives its "Letters Patent", the Board of Directors must meet to:
- Appoint or confirm directors
- Elect the officers of the not-for-profit corporation(President, Secretary, etc.).
- Adopt by-laws*
- Arrange banking and financial provisions including signing authority.
*It is important at the first meeting to establish the Board of Directors' quorum; the minimum number of directors required at a meeting of the Board to officiate business of the not-for-profit organization.
Step 2: Initial Return: Within sixty days of incorporation you are required to file an "Initial Return" with the Corporate Notices Section, Companies Branch of the Ministry of Consumer and Commercial Relations. This return gives information on your corporation's officers and directors. If any of this information changes, you must submit a new return, called a "Notice of Change", to the same office within fifteen days of the change.
Step 3: Annual General Meeting: An annual meeting must be held not later than eighteen months after incorporation and subsequently not more than fifteen months after the last meeting convened.
TIP!
- There are other provisions for Special Information Notices, Audit Provisions and Record Keeping Requirements. Further information can be found at Companies Branch of the Ministry of Consumer and Business Services.

Article originally contributed by Meredith Potter. Update July 2004
LINKS:
Canada Customs and Revenue Agency - Tax
http://www.cra-arc.gc.ca/tax/business/menu-e.html
Government of Canada
www.canada.gc.ca/publications/publication_e.html
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