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ARTICLE · 14 NOVEMBER 2013

BC Societies: Update To Annual Return Filing Requirements

Alexander Holburn Beaudin + Lang LLP
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B.C. societies incorporated under the Society Act (B.C.) are required to file an Annual Report with B.C. Registry Services to remain in good standing.

CanadaAccounting and Audit
Ingrid Tsui
Ingrid Tsui
Robert Pakrul
Robert Pakrul
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B.C. societies incorporated under the Society Act (B.C.) are required to file an Annual Report with B.C. Registry Services to remain in good standing. Until this fall, filing an Annual Report involved submitting an originally signed Annual Report to Victoria for filing. Filing times at the Registry ranged from a few days to several weeks; or the Annual Report could be filed by the Registry within 24 hours upon payment of an expedited processing fee of $100.

The Registry has now introduced the option of filing Annual Reports for B.C. societies electronically, which creates an immediate filing date without the need for an expedited processing fee. This is in line with how forprofit B.C. companies file Annual Reports.

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