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File Articles of Revival For a Federal Corporation
Articles of Revival are essential documents that bring an existing corporation that has been cancelled back into good standing with Corporations Canada and to have the corporation be operational once again.
Please read the requirements below carefully before placing your order.
Why Would a Federal Corporation Be Dissolved?
There are a number of reasons a corporation is dissolved but the most common reason is for not filing the mandatory Annual Returns.
Annual Return Requirement
Federal corporations in Canada are required to file an annual return with Corporations Canada. This return provides updated information about the corporation, including details about its directors and registered office the federal register.
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Voluntary Dissolution
A corporation can be voluntarily dissolved when its owners decide to cease operations. This involves settling debts, distributing assets, and filing dissolution documents with authorities. Once dissolved, the corporation cannot be revived.
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Bankruptcy or Insolvency
Inability to pay debts leading to bankruptcy.
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Non-Payment of Taxes
A corporation can be dissolved by the Canada Revenue Agency for failing to pay required fees and taxes. If these financial obligations are not met, the CRA can cancel the corporation's status, effectively dissolving it.
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Failure to Maintain a Registered Office
Not maintaining a current registered office address.
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Court Order
Dissolution ordered by a court for reasons such as fraud or illegal activities.
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What is Required to File Articles of Revival For a Federal Corporation?
Information Required to File Federal Articles of Revival
- Corporate Name: The full legal name of the corporation that is being revived.
- Corporate Number: The unique identification number assigned to the corporation by Corporations Canada.
- Corporate Key: A secure access code provided by Corporations Canada to verify the identity of the person filing the Articles of Revival.
- Filing Person's Information: The person filing the Articles of Revival must provide their details. This person can be a shareholder, director, officer, creditor, trustee in bankruptcy, or liquidator. The required details include:
- Name: Full legal name of the filer.
- Role: The filer’s relationship to the corporation (e.g., shareholder, director).
- Address: The mailing address of the filer.
- Phone Number: A contact phone number for the filer.
- Statement of Intent to Revive: A declaration stating the intention to revive the corporation, usually included in the Articles of Revival form.
- Federal NUANS Report: A NUANS (Newly Upgraded Automated Name Search) report, is required if the corporation was dissolved/canceled more than two years previous to the filing of the Articles of Revival.
Are There Any Other Filings Required With the Federal Articles of Revival?
Federal Annual Returns
If the corporation was canceled for missing its Annual Return filings, you will be required to file the two most recent Annual Returns. Any change to the registered head office must be included as well as any changes to directors, including names and addresses. There are additional fees to complete the Annual Return filings. You can include two Annual Returns with your Federal Revival order, or file them yourself once the Revival is complete. The federal examiner may also request documents showing the corporation has remained active since the date of dissolution.
When Can I File Federal Articles of Revival?
Federal Articles of Revival can be completed for corporations that were dissolved for not filing the mandatory Annual Returns. Ontario Business Central can assist you with a corporation that has been dissolved for two years or less.
How Long Does It Take to File the Federal Articles of Revival?
We will prepare the Articles of Revival on a same day basis and submit them directly to the federal government. The processing time with the federal government can take up to 10 business days.
Does the Canada Revenue Agency Know When the Articles of Revival Have Been Completed?
It is recommended once the revival has been completed and the corporation is again active to notify the Canada Revenue Agency of the change in status for this particular corporation.
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