ARTICLE
13 August 2013

Community Contribution Companies - Incorporation Applications Can Now be Submitted!

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Borden Ladner Gervais LLP

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BLG is a leading, national, full-service Canadian law firm focusing on business law, commercial litigation, and intellectual property solutions for our clients. BLG is one of the country’s largest law firms with more than 750 lawyers, intellectual property agents and other professionals in five cities across Canada.
​As of July 29, 2013, incorporation applications can be submitted to the Registrar of Companies in British Columbia to incorporate Community Contribution Companies, a new hybrid company established for community purposes.
Canada Corporate/Commercial Law

As of July 29, 2013, incorporation applications can be submitted to the Registrar of Companies in British Columbia to incorporate Community Contribution Companies, a new hybrid company established for community purposes.   

There are certain requirements placed on Community Contribution Companies that are different from other companies.  Before submitting an incorporation application, don't forget that Community Contribution Companies must have:

  1. the words "Community Contribution Company" or the abbreviation "CCC" as part of its name;
  2. a minimum of 3 directors; and
  3. one or more primary purposes being community purposes and those community purposes must be set out in its articles.

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