formbase
Sign in

Canadian cap table and compliance

The operating systemfor Canadian corporations.

Your cap table, compliance, and the legal documents that back them.

ON · BC · AB · Federal (CBCA)

Cap table and minute book·Compliance calendar·Cancel anytime
Backed byDMZ
formbase.app/dashboard

Luminary Analytics Inc.

Ontario · Incorporated 2023

Active

6

Documents

$5,250

Reimbursed

2

Upcoming

Recent activity

DocumentDividend resolution
Generated
ExpenseQ2 operating expenses
Reimbursed
EquityOption grant — M. Obi
Issued
DeadlineAnnual return filing
Due in 9 days

Last updated · just now

Cap table

One source of truth for your equity.

Founders, investors, options, and vesting tracked in real time. Built for Canadian corporations, not US templates.

formbase.app/equity/cap-table

Luminary Analytics Inc.

Ontario · CCPC · Incorporated Jan 2023

Export CSV
Model round →

Company Value

$3.1M

$1.50/share FMV

Shares Issued

2,050,000

Fully Diluted

2,200,000

Authorized

10,000,000

Ownership breakdown

4

holders

Alex Chen

46.5%

1,000,000

Sarah Kim

34.9%

750,000

Cedarbrook Capital

11.6%

250,000

Marcus Obi

2.3%

50,000

Holder

Share class

Shares

% Issued

% FD

Vesting

Value at FMV

Alex Chen

Common

1,000,000

46.5%

43.5%

63% vested

Full Jan 2027

$1,500,000

Sarah Kim

Common

750,000

34.9%

32.6%

50% vested

Full Apr 2027

$1,125,000

Cedarbrook Capital

Series Seed Preferred

250,000

11.6%

10.9%

No schedule

$375,000

Marcus Obi

Common

50,000

2.3%

2.2%

0% vested

Full Jun 2027

$75,000

Option Pool

Options (unissued)

150,000

6.5%

$225,000

The questions every founder faces

Who owns what after this round?

When does my cofounder's equity vest?

How do I legally pay myself?

Do I need a shareholder agreement?

Formbase answers these with a live cap table, clear documents, and deadlines. Not another $300 invoice.

What Formbase handles

01

Dividend resolutions

Declare dividends to shareholders with board-ready language. Amounts, payment dates, and shareholder splits calculated from your company profile.

Resolution · Signature-ready PDF

02

Shareholder agreements

Cover vesting schedules, buyout terms, drag-along rights, and deadlock resolution. Built for Canadian corporations, not US templates.

Agreement · Province-specific clauses

03

Expense reimbursements

Turn your logged expenses into a formal corporate reimbursement letter. Attach receipts, categorize by CRA type, one click to generate.

Letter · CRA-compliant format

04

Board minutes

Document meetings and resolutions with proper corporate formatting. Auto-saved to your minute book the moment you generate.

Minutes · Auto-saved to minute book

Vesting

Every cliff date. Every share. Tracked.

Formbase generates vesting agreements and notifies you before cliff dates arrive.

AC

Alex Chen

Co-founder · CEO

1,000,000

625,000 vested

Vesting
Start · Jan 2023Cliff · Jan 2024Full vest · Jan 2027
SK

Sarah Kim

Co-founder · CTO

750,000

375,000 vested

Vesting
Start · Apr 2023Cliff · Apr 2024Full vest · Apr 2027
MO

Marcus Obi

Advisor

50,000

none vested

Pre-cliff
Start · Jun 2025Cliff · Jun 2026Full vest · Jun 2027

Before

With Formbase

Cap table in a spreadsheet that's probably wrong

Live cap table, always accurate, backed by the resolutions

$400/hour lawyer to update your cap table and draft agreements

Cap table and agreements maintained in minutes, $49/month

Carta, built for Delaware, wrong for Canadian tax

Built for Canadian corporations and CCPC rules

Google for American answers about Canadian law

Canadian corporate context built in

Manually track CRA filing deadlines

Auto-populated compliance calendar

Pricing

$49

per month, no contracts

Start free, 30 days

No credit card required.
Cancel anytime.

Unlimited document generation

Dividend resolutions, shareholder agreements, expense letters, board minutes

Auto-populated compliance calendar

Deadlines from your incorporation date, auto-generated

AI compliance chat

Canadian corporate context built in, not generic legal advice

Minute book maintained automatically

Every generated document is stored and organized

Deadline reminders

Alerts before CRA notices arrive, not after

Used by founders at Western, Waterloo, and UofT

Your back-office now
has a rhythm.

Create account

Not a law firm · Not an accounting firm