If a company is in non-compliance with the Business Corporations Act, it will not be issued a Certificate of Good Standing.  There are two types of non-compliance:

 

The company has overdue Annual Reports (BC and extraprovincial companies)

All companies have two months from their anniversary date to file an Annual Report.  A company that fails to file within two months is in non-compliance.  To remove the non-compliance, the company must file all of its overdue annual reports.

The Registrar may dissolve a company that fails to file an annual report for two consecutive years.

 

A transition application has not been filed for a BC company by March 28, 2006.  This only applies to BC companies incorporated before March 29, 2004.

If you have missed this deadline, file your Transition Application as soon as possible to ensure your company's filings are up-to-date.  The Registrar may take action to dissolve a company that fails to file a Transition Application.

 

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