You must formalize the closing of the business with the Canada Revenue Agency as well with your provincial tax revenue agency. Sole Proprietorships Company Formations helps Canada federal and provincial corporations to maintain up-to-date their corporate records information with the corporate registries office of their jurisdiction. To take effect this articles of dissolution, the owners of the corporation must approve the dissolution of the business and the board of directors should draft and approve the resolution to dissolve the corporation. Unlike individuals, Canadian tax laws require all corporations to file income tax returns, even when there is no revenue or no income. 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Canada Articles of Dissolution. After the shareholders have voted to dissolve the corporation, the appropriate paperwork must be filed with the corporate registry office of their jurisdiction of incorporation. General Partnerships, How to Contact Us | FAQ's | Info & Guidance On. Articles of dissolution are the mechanism which the corporation files with the relevant corporation when it wishes to terminate its existence. At e-Companies.ca we help you Keep your Canadian Corporation Up-to-date and in compliance with federal and provincial business corporations act. 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