When organizing a new Provincial or Canadian corporation, one the first thing to be done is to issue shares. It’s at this time that share certificates or stock certificates will be used for the first time. This is the step where shares are issued to the shareholders.
At the time of the issuing, the share certificate must states at the very least the number of shares, the class of shares, the company or corporation’s name, as well as the name of the shareholder to whom the stocks are issued.
The share certificates are usually kept inside the minute book. When shares are issued, the two parts of the certificate are filled out, and the certificate part is given to the shareholder, while the other part is usually kept inside the minute book. The different registers of the minute book must be filled out as well when issuing or transferring stocks.
Share Certificate Definition
There is not official share certificate definition, but in short, a share cetificate is a legal paper document that confirms the ownership by an individual or entity of shares (also called stocks or stock shares) of a corporation.
In Canada, shares can be issued for public and private corporations, regardless of whether or not it’s a Federal Corporation or a Provincial Company.
How to Order Provincial or Canadian Share Certificates
If you need blank certificates, Federal (Canada) or provincial, you can buy share certificates online through LawDepot.ca.
- The cost of share certificates is per certificate with increasing discounts for orders of more than 10 certificates.
- Your share certificates will be shipped within 1-3 business days from the date of the order.
- The share certificates are shipped through Canada Post. A tracking number will be sent to you by email.
To download your share certificates, use LawDepot’s form: Share Certificates Order Form.
If you’re looking for other type of corporate supplies, such as minute books, you will also be able to purchase them through the links on this page.