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Frequently asked questions
A minute book or company book is like the constitution of a business. It includes, among other things: the issue of shares, the appointment of the directors and officers of the company, the charter, bylaws, securities, etc. In short, it is the heart of the business. Thus, the provincial and federal corporate law requires each corporation to have a minute book under penalty of fines of up to $ 5,000.
Apart from the legal obligation to keep a minute book, a business needs to keep an organized and up-to-date corporate book for the following reasons: - Tax audits. - Diligence of a potential buyer during a sale. - Seeking financing from banking institutions or private investors. - Settlement of internal disputes by referring to the resolutions prescribed in the company book.
Unless you ask for a change of lawyer, neolegal provides an account executive lawyer for its business clients. That is, you will have a dedicated lawyer who will take care of all the consultations and requests of your company.
Neolegal's lawyers are all members in good standing of the bar of quebec. They are chosen on their ability to provide the best advice quickly and easily. Neolegal employs its own lawyers.
As a customer with neolegal, all information and communications with neolegal are covered by attorney-client privilege. Attorney-client privilege is the obligation of a professional not to share the confidential information entrusted to him by a client.
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