Definition

Form 22 typically refers to the Annual Return required by the federal government or provincial authorities for corporations registered in Canada. 

What is a Form 22?

The general purpose of Form 22 is to provide updated information about the corporation’s status, directors, and shareholders to the relevant regulatory authorities on an annual basis.

The form starts by collecting basic identification details about the corporation, including its legal name, registration number, registered office address, and jurisdiction of registration (federal or provincial). Furthermore, it typically requires information about the corporation’s structure, such as its legal type, date of incorporation, and any changes to its structure since the last filing.

The form usually includes sections to disclose information about the corporation’s directors and officers. For corporations with multiple shareholders, Form 22 may require details about the shareholders, such as their names, addresses, shareholdings, and any changes in ownership or share structure.

While some jurisdictions may not require financial statements to be filed with the Annual Return, corporations may be required to confirm the accuracy of their financial records and compliance with accounting standards.

To certify the accuracy and completeness of the information provided, the Annual Return typically requires a declaration and signature from an authorized officer, such as the corporation’s director, secretary, or designated agent.

Example of a Form 22

Form 22 – Annual Return

Corporation name: ABC Corporation Ltd.

Registered office address: 123 Main Street, Toronto

Corporate structure:

• Type of corporation: Business corporation
• Date of incorporation: January 1, 20XX

Director information:

• John Smith
• Address: 456 Maple Avenue, Toronto
• Position: President

• Jane Doe
• Address: 789 Oak Street, Toronto
• Position: Secretary

Declaration:

I, John Smith, President of ABC Corporation Ltd., declare that the information provided in this Annual Return is accurate and complete to the best of my knowledge.

Signature: [Signature of John Smith] Date: [Date]