Directors’ Residency Requirements for Federal Corporations in Canada
Directors’ residency requirements for Canada Federal Corporations: At least twenty-five per cent of the directors of a corporation must be resident Canadians. However, if a corporation has less than four directors, at least one director must be a resident Canadian.
Business Corporations are incorporated federally in Canada, according to the provisions of the Canada Business Corporation Act with the Canada Corporations Division.
Strategik Startup Canada provides fast and easy Canada Federal Incorporation Service and provides all the documents your new Canada federal corporation will need to stay up-to-date and in compliance with the Canada Business Corporation Act.