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Form 20-F prescribes specific disclosures and must be filed within 4 months after fiscal year-end. Form 40-F is generally a wrap around form that attaches the Canadian Annual Information Report and MDA reports filed in Canada, as exhibits to the form.
SEC Form 20-F is the primary disclosure document required of foreign private issuers listing equity shares on exchanges in the United States. Form 20-F is most often filed with the SEC as an annual report but is also used to register classes of securities.
SEC Form 40-F, also known as the Registration and Annual Report for Canadian Securities Form, is a filing with the SEC used by Canadian companies that want to offer their securities to United States investors.
The new rules amended Form 20-F to require annual disclosure relating to whether the company has adopted (and if not, an explanation of why not) insider trading policies and procedures for directors, officers and employees, that are reasonably designed to promote compliance with insider trading laws, and for the
Heres what it boils down to: Form 10-K is for U.S.-based companies, while Form 20-F is for foreign companies. Form 10-K is used for filing annual reports and transition reports, while Form 20-F can be used to file an annual report, transition report or registration statement.

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SEC Form 40-F, also known as the Registration and Annual Report for Canadian Securities Form, is a filing with the SEC used by Canadian companies that want to offer their securities to United States investors.

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