If you register a company in Ontario, you need to submit Form1, Initial return within 60 days after the company is established. Failure to submit the initial return on time may result in registration failure and fines.
Ontario corporations must file an initial return under the Corporations Information Act (CIA) setting out the required information within 60 days of the formation, amalgamation or continuation of the corporation (section 2 of the CIA) Filing an initial return After filing the form, the company must file a change notice within 15 days of the change. Any changes to previously submitted information (CIA Section 4) must be submitted in the required form and format and comply with all requirements established by the Director. requirements and technical specifications.
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Ontario Ontario Initial Returns
Ontario Ontario Initial Returns
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Q&A
1. What is the Ontario Initial Return?
A: The Ontario Initial Return is an information filing (Form 1) that newly registered Ontario companies must submit to the provincial government within 60 days of incorporation. It contains information about the company's directors, address, and contact information. It is used for public record keeping under the Corporations Information Act.
2. Who needs to file an Initial Return?
A: All provincial corporations registered in Ontario or federal corporations doing business and registered in Ontario (extra-provincial corporations) must file an Initial Return. Failure to file on time may result in fines or irregularities in the company's status.
3. I've already registered my company. Why do I need this service?
A: Registering a company is just the first step. Under Ontario law, companies must promptly update their director and address information with the government. The Initial Return is the first compliance obligation required by law. Professional services can ensure that the information is accurate and submitted on time to avoid the consequences of omissions.
4. I missed the filing deadline. What should I do?
A: If you haven't submitted your application within 60 days, we recommend submitting it immediately and contacting us to assist with resubmission and review any subsequent impacts (such as abnormal status or penalty notices). We offer late filing services and government communication support to help restore your company to a healthy status.