Ontario Articles of Incorporation
This Ontario Articles of Incorporation is designed to reflect the necessary legal structure for establishing a corporation in Ontario, Canada. The document includes essential details about the business, its share structure, and its governance framework.
I. Corporate Name
The legal name of the corporation is [YOUR COMPANY NAME].
II. Registered Office Address
The registered office address of the corporation is located at:
[YOUR COMPANY ADDRESS]
This address is where official records and documents for the corporation will be maintained.
III. Business Purpose
The purpose of this corporation is to engage in the business of technology consulting, specifically offering software development, IT services, and business solutions for companies seeking digital transformation. The corporation may also engage in other lawful activities as permitted by the laws of Ontario.
IV. Share Structure
The corporation is authorized to issue the following classes of shares:
Class of Shares | Number of Shares Authorized | Rights & Restrictions |
|---|
Common Shares | 1,000,000 | Holders are entitled to voting and dividends |
Preferred Shares | 500,000 | Holders have preferential dividend rights |
Non-Voting Shares | 100,000 | Holders do not have voting rights |
V. Number of Directors
The corporation will have a minimum of 1 and a maximum of 10 directors. The first directors of the corporation are as follows:
Director Name | Address | Position |
|---|
Erica Price | Des Moines, IA 50301 | CEO |
Antonette Cassin | Moreno Valley, CA 92551 | CFO |
VI. Date of Incorporation
The incorporation of the corporation will be effective on July 15, 2050.
VII. Additional Provisions
The transfer of shares shall be subject to approval by the Board of Directors.
The corporation shall provide annual dividends to common shareholders, based on profits as determined by the Board of Directors.
Conclusion:
These Ontario Articles of Incorporation provide a legal foundation for the establishment and operation of [YOUR COMPANY NAME]. They lay out the essential structure, governance, and share issuance details necessary for the corporation to begin its operations in Ontario.
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