08/18/2025
🚨 Heads up, BC business owners 🚨
Amendments are coming to the BC Business Corporations Act (BCA) as late as
early fall 2025 that affect private companies’ transparency register information.
Under the new law, companies must:
• Record additional information in their current registers about their significant individuals including; extra details like SIN numbers
•Post certain information from these registers in a new online and public database
New timelines include:
• File within 6 months of incorporation or restructuring
• Update within 15 days of ownership changes (down from 30)
• Annual filing due in a yet-to-be-announced window
Public access will include:
• Full name & birth year
• Canadian citizenship/permanent residency status, and
• All other citizenships, if not Canadian
Our private BC company clients for which we provide registered and records office services can expect further correspondence from us soon.