British Columbia Business Corporations Act

The British Columbia Business Corporations Act (BCBCA) is the law that governs how companies are created, operated, and dissolved in British Columbia. It outlines rules for forming corporations, managing their affairs, issuing shares, and maintaining compliance with regulations. The Act aims to provide a clear legal framework to protect shareholders, directors, and the public, ensuring transparency and accountability. It also addresses issues like mergers, insolvency, and corporate governance, helping businesses operate smoothly within the province’s legal environment. Overall, it provides the structure and legal certainty necessary for businesses to flourish in British Columbia.