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Shareholders Resolution to Dissolve Corporation | Canada
Authorize the voluntary dissolution of a Canadian corporation with this downloadable Special Resolution of the Shareholders.
- The shareholders authorize the directors to take all steps necessary to voluntarily dissolve the corporation.
- The directors are instructed to discharge all of the corporation's liabilities and distribute the assets.
- This template can be used by any company incorporated under a Business Corporations Act, whether federally or provincially. This form may not be valid in Quebec.
- You cannot use this form for an involuntary dissolution.
- This is a downloadable MS Word document which can be modified to fit your specific circumstances.
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Directors Resolution to Declare Safe Income Dividend | Canada
Declare a safe income dividend for shareholders of a Canadian corporation with this downloadable Directors Resolution template.
- The corporation's directors declare a 'safe income' dividend pursuant to the Income Tax Act (Canada) on a specified class of shares.
- Payment of the dividend is conditional upon the shareholders' undertaking to repay their pro rata share of the dividend if the total cumulative dividend exceeds the 'safe income' as determined by the corporation's accountants.
- Intended for use only in Canada.
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Ontario Directors Resolution Declaring Dividend of Company Property
Prepare a Directors Resolution declaring a dividend of company property with this easy template for an Ontario corporation.
- The corporation wishes to dividend certain property that it owns to the shareholders, under subsection 38(1) of the Ontario Business Corporations Act.
- The corporation will not be insolvent or unable to pay its debts and liabilities as a result of the dividend.
- The directors set the monetary value of the property dividended, based on its determined value.
- The Ontario Directors Resolution Declaring Dividend of Company Property is downloadable and fully editable.
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Directors Resolution Authorizing Stock Split
Prepare a Directors Resolution authorizing a corporation to do a stock split with this downloadable template.
- The Board of Directors authorizes the corporation to split its issued and outstanding shares of stock.
- Each share of stock will be split, thus increasing the pool of issued shares.
- This is a generic form (not country specific), and is fully customizable.
- Available in MS Word format.
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Ontario Directors Resolution for Management Bonuses
Authorize the payment of management bonuses with this Directors Resolution template for an Ontario business corporation.
- The directors of the corporation resolve to issue management bonuses to specified persons in order to reduce the corporation's taxable income to bring it within the 'small business limit'.
- This is a reusable corporate form. Buy it, download it, and then use it as often as you require.
- This corporate resolution template is a fully editable MS Word file.
- Intended for use only in the Province of Ontario, Canada.
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