Initial Return Filing: All corporations in Ontario are required to submit their initial return within 60 days following their incorporation. If this return is not filed, the corporation will be deemed non-compliant with the corporate registry. This non-compliance could lead to the government dissolving the corporation. Minute Book: Keeping a minute book is mandatory for all corporations. This will keep records of corporate documents such as your corporation’s Certificate of Incorporation, Articles of Incorporation, General Corporate Bylaws, Banking Bylaws, Minutes of company meetings, agreements and resolutions, Copies of the forms filed with the Ministry, Ledgers and Registers, Share Certificates. A standard minute book (Includes corporate bylaws, register and ledger) is available for purchase through our incorporation packages. Business Number: After incorporation, a CRA business number is generated for the corporation. We can obtain the business number for you through the service purchasable in all incorporation packages. CRA Program Accounts: The Canada Revenue Agency (CRA) has several program accounts that businesses may need to register for, depending on their specific operations. Here are the six major CRA program accounts: Corporate Income Tax (RC): This account is required if your business is incorporated. Goods and Services Tax/Harmonized Sales Tax (RT): This account is needed if your business collects GST/HST. Payroll Deductions (RP): If your business pays employees, you’ll need to register for this account. Import-Export (RM): If your business imports goods or services abroad, you’ll need this account. Import-Export (RX): If your business sells goods or services abroad, you’ll need this account. Registered Charity (RR): If your business has intent to become a charity organization, you’ll need this account. Additional Permits & Licences: After incorporating your business, you may need to obtain additional permits and licenses based on the nature of your operations. These are typically obtained through your local city hall or municipal office.