Online Company Formation in Canada

  • Should you Consider Starting your own Business in Canada?

    Company formation in Canada has never been easier. Canada leads all G7 countries in ease of doing business. It has the eleventh-largest economy in the world, and is deemed as one of the world’s wealthiest nations. Additionally, it is a member of the Organization for Economic Co-operation and Development (OECD) and Group of Eight. The manufacturing industry that comprises of the aircraft and automobile sector contribute majorly to Canada’s economy. It also boasts of an incredibly long coastline, making Canada the eighth biggest seafood and commercial fishing sector worldwide. However, Foreign Trade makes for the basis of the Canadian economy which contributed to 45% of its GDP with the U.S. being its most important trade partner. The marines industry (energy production, fishing and telecommunications) is another major contributor to its economy. All these factors among many others are driving investors to open a company in Canada.

  • What are the Benefits of Incorporating a Company in Canada?

    Lower Production and Business Cost

    Due to low phone and internet access charges, Canadian construction costs are 15 percent lower, electricity costs 24 percent less, and transporting costs are 13 percent lower.

    Human Resources

    Canada has highly skilled human resources where Canadians have topped educational qualification achievements with great business schools within the region. Thus the human resource facilities are extremely powerful and knowledge-driven.

    Favourable Business Climate

    An optimistic business climate is one that inspires the success of a business, fair competition and greets foreign investment with proper business ethics. Due to its favourable business environment, company registration in Canada is easy and hassle-free.

    Business Infrastructure

    Canada has kept pace with hi-tech technology and updated its infrastructure.

    Low Tax Rates

    Canada offers businesses low tax rates. It was ranked as the finest zone in the world to do business, revealing its decreasing tax rate, sound banks, investor safety and virtual lack of red tape. The tax regime is especially suited for small to medium size enterprises.

  • Procedure to Register a Business in Canada

    The procedure for company registration in Ontario Canada is different from that of British Colombia.

    British Colombia

    • Reserving the Company name with the Company Registry
    • Preparing the Incorporation Agreement
    • Establishing the company’s articles
    • Filing an application for incorporation of the company with the corporate registry
    • Obtaining the certificate of Incorporation
    • Opening of a Bank Account
    • GST/HST Registration
    • Payroll Registration
    • Import/Export Account Registration

    Ontario

    • Reserving the Company name
    • Establishing the company’s articles
    • Registering the business name or Incorporating the Business
    • GST/HST Registration
    • Payroll Registration
    • Import/Export Account Registration
    • Registering for WSIB
  • Requirements for Starting a Business in Canada

    Basic Requirements for Opening a Business in Canada

    British Colombia

    • Minimum 1 Director (any nationality)
    • Minimum 1 Shareholder (any nationality)
    • Minimum Capital Requirement CAD 1
    • Registered Local office address is required

    Ontario

    • Minimum 1 Resident Director
    • Minimum 1 Resident Shareholder
    • Minimum Capital Requirement US$ 1
    • Registered Local office address is required

    Documents Required for Incorporating a Business in Canada

    British Colombia

    • Memorandum and Articles of Association
    • Copies of the passport or ID of the directors and the shareholder
    • Incorporation Agreement

    Ontario

    • Memorandum and Articles of Association
    • Copies of the passport or ID of the directors and the shareholder
    • Resolution by Board of Directors/Trustees
  • Our Services for Canada Company Registration

    British Colombia

    • Name Search Report
    • Government incorporation fee
    • Registered office address in British Columbia
    • Certified Incorporation Application and Notice of Articles
    • Minute Book with Registers & Ledgers
    • By-Laws
    • Corporate seal
    • Courier delivery
    • Opening of Bank account
    • Registration for GST/HST, Payroll, Import/Export

    Ontario

    • Name checking and reservation
    • Government fee
    • Preparation of Incorporation Documents
    • Registered address
    • To arrange the appointment with the Local Bank for opening of corporate bank account
    • One set Certified True Copies for opening of bank account.
    • Local registered address
  • Time Required for Setting Up a Business in Canada

    It takes approximately 5-7 days to register a company in Canada. However, this may vary from region to region.

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