Francesca and Michael carefully completed the articles of incorporation for a corporation they want to incorporate under the Canada Business Corporations Act. They chose a name, "FranMic Corporation" and obtained a name search report. They submitted the report along with the necessary fee and were issued a certificate of incorporation certifying that FranMic Corporation was incorporated on November 12, 2009. They are very pleased that all this paper work is finished and they can start business. Is there anything else they should do or issues they should address as a matter of corporate law?

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The Answer of Francesca and Michael carefully completed the articles of incorporation for a corporation they want to incorporate under the Canada Business Corporations Act. They chose a name, "FranMic Corporation" and obtained a name search report. They submitted the report along with the necessary fee and were issued a certificate of incorporation certifying that FranMic Corporation was incorporated on November 12, 2009. They are very pleased that all this paper work is finished and they can start business. Is there anything else they should do or issues they should address as a matter of corporate law?

Francesca and Michael Carefully Completed the Articles of Incorporation for a Corporation