ARTICLE · 03 OCTOBER 2013

BC Societies: Update To Annual Filing Requirements

Alexander Holburn Beaudin + Lang LLP

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BC societies incorporated under the "Society Act" are required to file an Annual Report with BC Registry Services to remain in good standing.

CanadaCorporate/Commercial Law

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BC societies incorporated under the Society Act (BC) are required to file an Annual Report with BC 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, provided that for an expedited processing fee of $100 the Annual Report would be filed by the Registry within 24 hours.

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

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