When is an Annual Return not a Tax Return?

Sometimes when people say “Annual Return” they are referring to a tax return but an “Annual Return” is also what the Province of Alberta calls the return that needs to be filed with a registry office each year.

Each year an Alberta corporation must file an “Annual Return” at a registry office to keep itself alive as an active corporation. To see what an Alberta Annual Return looks like click here. If the corporation fails to file the Alberta Annual Return after 18 months, the corporation will be struck from the Alberta corporate registry (dissolved) and technically cease to exist.

So, if your corporation receives an Annual Return from the Province of Alberta, be sure to take it to a registry office to be filed.

If you have questions or need further explanation give us a call or talk to a lawyer.No 14 - image - Annual Return

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