Corporate compliance inquiries are handled via email at info@mayamandel.com or by telephone at 1-508-195-2091. Correspondence may also be directed to 4724 Kozey Gateway Suite 491. All submissions are logged and assigned a tracking reference within one business day.
Standard response time for regulatory risk and CBCA compliance questions is two business days. Urgent matters concerning board resolutions or filing deadlines receive priority handling within four hours during business hours. Full SLA terms are detailed in the FAQ section.
Common questions regarding corporate restructuring, regulatory risk, and CBCA compliance frameworks.
Private corporations must file annual returns, maintain a registered office, and keep a register of directors and shareholders. Changes to board composition or share structure require immediate amendment filings. Failure to comply can result in dissolution or director liability.
Amalgamations, continuances, and plans of arrangement typically require shareholder approval by special resolution. Existing agreements may be superseded or require renegotiation. Legal counsel should review all contracts for change-of-control clauses and consent requirements.
Regulatory risk includes exposure to anti-corruption laws, data privacy regulations, trade sanctions, and foreign investment review. A risk-based compliance program should include board oversight, internal controls, and periodic audits. Non-compliance can lead to penalties, reputational damage, and operational restrictions.
Directors owe a duty of care and fiduciary duty to the corporation. They must ensure the corporation complies with all applicable laws, including the CBCA. Personal liability can arise for breaches such as improper dividends, insolvent transactions, or failure to file required documents.
Compliance frameworks should be reviewed annually or whenever there is a material change in operations, legislation, or risk profile. Regular updates ensure alignment with current regulatory expectations and reduce exposure to enforcement actions.