top of page

How it works ?

 

Complete this purchase process our executive wil contact you with all details i.e documents required, time line , price etc 

 

=========================================

Registering a company in Canada involves several steps and may vary depending on the province or territory where you plan to operate. Here's a comprehensive guide to help you through the process:

1. Choose a Business Structure

Determine the legal structure of your business. The most common options include:

  • Sole Proprietorship: Simple and low-cost, but the owner is personally liable.
  • Partnership: Owned by two or more individuals; can be general or limited.
  • Corporation: A separate legal entity offering limited liability to its owners. Can be federally or provincially incorporated.
  • Cooperative: Owned and controlled by members who use its services.
  • Limited Liability Partnership (LLP): Common for professionals, offering liability protection.

2. Select Federal or Provincial Incorporation

  • Federal Incorporation: Allows you to operate your business across Canada with name protection nationwide.
  • Provincial Incorporation: Limits name protection and operation to the specific province or territory where you register.

3. Choose a Business Name

  • Ensure your business name is unique and not already registered.
  • Conduct a NUANS (Newly Upgraded Automated Name Search) report for federal or provincial incorporation (except in Quebec, which has its own search system).
  • Alternatively, you can operate under a numbered corporation (e.g., 1234567 Canada Inc.) if you don’t want to choose a name.

4. Register Your Business Name

Depending on your business structure and jurisdiction:

  • Sole proprietors and partnerships may need to register their business name with the province or territory.
  • Corporations register their name as part of the incorporation process.

5. File Incorporation Documents

Prepare and submit the necessary documents to the appropriate authority:

  • Federal Incorporation: Submit to Corporations Canada. Documents include Articles of Incorporation, NUANS report, and fees.
  • Provincial Incorporation: Submit to the provincial registry office (e.g., ServiceOntario, Revenu Québec).

6. Appoint Directors

Corporations in Canada require at least one director. For federal incorporation:

  • At least 25% of directors must be Canadian residents (except in British Columbia, which has no residency requirements).

7. Obtain a Business Number (BN)

Register for a Business Number with the Canada Revenue Agency (CRA). This unique identifier is used for:

  • GST/HST (Goods and Services Tax/Harmonized Sales Tax)
  • Payroll deductions
  • Import/export accounts
  • Corporate income tax

You can apply online, by mail, or through your provincial business registration service.

8. Secure Licenses and Permits

Depending on your business activity and location, you may need:

  • Federal licenses (e.g., for regulated industries like transportation or broadcasting)
  • Provincial licenses (e.g., liquor sales, construction)
  • Municipal permits (e.g., zoning, signage)

Check the BizPaL tool to identify necessary permits and licenses.

9. Open a Corporate Bank Account

Separate your personal and business finances by opening a corporate bank account. You’ll need:

  • Articles of Incorporation
  • Business Number (BN)
  • Identification documents

10. Comply with Tax Obligations

  • Register for GST/HST if your business revenue exceeds $30,000 annually (or voluntarily if under this amount).
  • File corporate income taxes annually with the CRA.
  • Check for provincial/territorial tax requirements.

11. Maintain Corporate Records

  • Keep records of financial transactions, meeting minutes, shareholder details, and bylaws.
  • Update your information with Corporations Canada or your provincial registry as required.

12. Renew Annually

  • Federal and most provincial incorporations require annual filings to keep your business in good standing.
  • Pay renewal fees and submit any updates to corporate details.

Costs Involved

  • Federal incorporation fee: ~$200 CAD (online) or ~$250 CAD (paper filing).
  • Provincial incorporation fees: Vary by province (e.g., ~$360 in Ontario, ~$350 in British Columbia).
  • NUANS name search: ~$13–$75 CAD.
  • Additional fees for licenses, permits, or legal/consultant services.

Company Registration in Canada

SKU: Business Documents
₹0.00Price
0/500
Quantity
    bottom of page