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The Corporations Information Act Annual Return For Ontario Corporations (\u201cOntario Annual Return\u201d) is an annual information return disclosing basic information about an Ontario corporation, including the corporation's name, business address, and directors and officers.
What is an annual return? An annual return is a document that all \u201cactive\u201d corporations are required to file with Corporations Canada every year under federal legislation. The annual return provides Corporations Canada with up\u2011to\u2011date information on the corporation.
Any Director who has defaulted in the filing of annual return of a company can also be penalized with an imprisonment of a term extended up to six months or with a fine of an amount not lesser than fifty thousand rupees and it might extend up to five lakh rupees, or with both imprisonment and fine.
The Corporations Information Act Annual Return For Ontario Corporations (\u201cOntario Annual Return\u201d) is an annual information return disclosing basic information about an Ontario corporation, including the corporation's name, business address, and directors and officers.
The filing of an annual return (AR) often gets confused with the filing of an income tax return. The 2 are fundamentally different. An annual return is a document you must file annually with Corporations Canada for your federal corporation, so that it can remain active and in compliance with the corporate law.
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What is an Annual Return? A corporate annual return is an obligation by all companies to file certain documentation with the government. The requirements for annual returns can differ from jurisdiction to jurisdiction but generally look to confirm information about a legal entity such as: The Directors.
The federal income tax filing deadline is April 18, 2022. If you need more time, you can get an automatic income tax extension by filing IRS Form 4868. This gets you until October 17, 2022, to file your tax return. Here are some do's and don'ts when it comes to tax extensions.
The annual return is a legal document that basically notifies Corporations Canada that the company is still active. They'd also like to know of any changes of the address or board of directors to keep their records up to date.
All companies (private limited company, one person company, limited company, section 8 company, etc) are required to file an annual return with the MCA every year. In addition to filing MCA annual return, companies would also be required to file income tax return.
The due date for filing annual return of a company is within sixty days from the date on which the annual general meeting of the Company is held. Annual General Meeting of a company must be held within 9 months of closing of accounts of a company, in case of first year of operations of a company.

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