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Form 3 Annual Summary Formulaire 3 Sommaire Industrie Canada Ic Gc

Form 3 Annual Summary Formulaire 3 Sommaire Industrie Canada Ic Gc

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hi everyone welcome to ftech college my name is hsh over here at taxes and beans our today's video is going to be about annual return versus annual tax return what is annual return who needs to file it so let's have a look what's an annual return despite having a similar name an annual return is different from an annual tax return it is a corporate law requirement that lets corporations Canada know that your business is active essentially that you are still in business regardless of the size of your corporation you are obligated to file an annual return if your corporation's legal status is active that is not dissolved or discontinued or malgam with other Corporation if you do not file or file late you will not receive a certificate of compliance from Corporation Canada what does a certificate of compliance do a certificate of compliance is often needed to support a loan request or to provide Assurance to a potential investor that the corporation has not

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