Companies who are not publicly traded are required to file in the Transparency Register. BC Registries will collect exemption status during the annual report and in the company information page. Citizens searching BC Registries may wish to confirm if a company is exempt to clarify why transparency register information is not available. Storing the exemption status in the Corporate Summary would provide a location where citizen's and staff can easily access the exemption status. This has been noted as particularly helpful in cases where a client calls to confirm information but requires documentation to show in a court of law.
only entails update to Corporate Summary for BC Companies
would require working with Entities as this is their document
mstanton1
commented
1 month ago
Companies who are not publicly traded are required to file in the Transparency Register. BC Registries will collect exemption status during the annual report and in the company information page. Citizens searching BC Registries may wish to confirm if a company is exempt to clarify why transparency register information is not available. Storing the exemption status in the Corporate Summary would provide a location where citizen's and staff can easily access the exemption status. This has been noted as particularly helpful in cases where a client calls to confirm information but requires documentation to show in a court of law.
Pending decision in RAID #429.