Annual Corporate Maintenance is required each year for every federal, provincial and territorial corporation in Canada. Federally registered corporations must file one federal and at least one extra-provincial annual corporate return each year. These returns are required by law in order to keep your corporation in good standing under the Canada Business Corporations Act (CBCA). Missing your deadline can have serious impacts to your corporation.

It’s a legal requirement for corporations in Canada because the information you provide on the return filing keeps the database of your governing Corporate Regulatory Agency up to date. They in turn, make this information available to the public to let investors, consumers, financial institutions and many others make informed decisions about your corporation.