Calgary Incorporation

Neufeld Legal P.C.   403-400-4092   Chris@NeufeldLegal.com

 Home        Business Incorporation        Benefits        Incorporating Correctly        Shareholders Agreement       Email 

Significant Aspects

Business Incorporation

Base Costs

Benefits of Incorporation

Incorporating Correctly

Single Shareholder

Multiple Shareholders

Shareholders Agreement

Officers / Directors

Foreign Companies

Corporate Amendments

Corporate Amalgamation

Annual Upkeep

Registered Office

DISCLAIMER

The CalgaryIncorporation.com website, which is produced and operated by Neufeld Legal P.C., serves as a public resource for general legal and business information that is intended, but not promised or guaranteed, to be accurate, complete, and current. Without exception, this web site is not intended and shall not be considered to create a lawyer-client relationship with Christopher Neufeld and Neufeld Legal P.C.; nor should any individual rely upon any information provided herein.

Given the particularity of every legal matter, it is strongly recommended that you seek the appropriate lawyer, as opposed to rely upon the explanations set out in any website or webpage, given the generalistic nature of such work (which is unavoidable), as even the smallest and seemingly most innocuous difference in the situation or the parties involved in the particular scenario, can change the requirements, approach and outcome. 

Furthermore, any individual that forwards an e-mail to communicate with Christopher Neufeld and Neufeld Legal P.C. must realize that such a unilateral action, and any reply thereto, does not, in and of itself, create a lawyer-client relationship and that such individual can under no circumstance expect any confidentiality attaching to that communication and its contents.

Please take further note that we have neither the capacity nor the intention to represent any person who purports to seek legal representation based upon their viewing this web site in a jurisdiction where the IncorporationFederal.com website fails to comply with all laws and ethical rules of that jurisdiction, or where we are personally precluded from practicing law.

Alberta Business Corporations Act - important elements
Dividends
43 A corporation shall not declare or pay a dividend if there are reasonable grounds for believing that
(a) the corporation is, or would after the payment be, unable to pay its liabilities as they become due, or
(b) the realizable value of the corporationís assets would thereby be less than the aggregate of its liabilities and stated capital of all classes.
Form of dividend
44(1) A corporation may pay a dividend by issuing fully paid shares of the corporation and, subject to section 43, a corporation may pay a dividend in money or property.
(2) If shares of a corporation are issued in payment of a dividend, the directors may add all or part of the value of those shares to the stated capital account maintained or to be maintained for the shares of the class or series issued in payment of the dividend.
* For the full statute, please click on this link. Nothing should be read in the abstract and specific legal advice is always recommended.

For more information about our business law practice and to review our professional standards of legal practice, disclaimer and privacy policy, visit the main website of Neufeld Legal P.C. (144 4th Avenue SW, Suite 1600, Calgary, Alberta) at www.NeufeldLegal.com. For a more extensive analysis of legal matters pertaining to incorporations, visit our primary website on the topic - www.lawyerincorporation.com. Disclaimer. Privacy. Cookies.© 2016.