Shareholder Register Completeness Checker
Schedule 50 names every shareholder at 10 per cent or more. Four answers show whether your register can fill it.
Written and reviewed by Sharad Gondaliya, CPA (Ontario), CPA Ontario Membership 61040184.
Last reviewed: November 2, 2026
Answer all four questions.
Gondaliya CPA Professional Corporation is a registered EFILE electronic filer. Returns are prepared and transmitted in Canada. Credentials are never shared and never used offshore.
A Nil Year Still Names Them
Schedule 50 is required for every shareholder holding 10 per cent or more. It is a list of people rather than a set of figures, so a year of zeros does not empty it: the shareholders held their shares throughout the quiet year exactly as they would in a busy one.
Which is the part that catches dormant corporations. The financial schedules may be all zeros while Schedule 50 is as full as it has ever been.
What One Row Needs
| For each shareholder at 10 per cent or more | Where it usually sits |
|---|---|
| Full legal name | The share register in the minute book |
| Address | The share register, or the annual registry filing |
| Percentage held | The share issuance records |
| Whether the holding crosses 10 per cent at all | The issuance records, totalled |
The Schedule 50 shareholder threshold checker answers whether a particular holding crosses the threshold. This page answers whether you can fill the schedule once you know who does.
Frequently Asked Questions
Who has to appear on Schedule 50?
Every shareholder holding 10 per cent or more. The threshold is a floor rather than a limit on the number of rows, so a corporation with six holders above it names six.
Does a nil return still need Schedule 50?
Yes. It reports who holds the shares, not what the corporation earned, so a year of zeros does not empty it.
Is Schedule 50 charged separately?
No. Every schedule a nil return carries sits inside $300.00 plus HST per tax year.
Nil T2 Filing, $300.00 plus HST per tax year
Type your corporation name, pick your unfiled years, pay, and sign Form T183CORP on a secure screen. Your CRA confirmation is emailed within 3 business days.
Start Nil T2 Filing NOW