Get registered your company in Canada within a week
ADVANTAGES OF COMPANY FORMATION IN CANADA
Company formation in Canada has never been easier. Canada leads all G7 countries in ease of doing business. 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. Following are the reason why Company formation in Canada is popular.
It has the tenth largest economy in the world and is deemed one of the world's wealthiest nations.
Favourable Business Climate.
Low Tax Rates.
It also boasts of an incredibly long coastline, making Canada the eighth biggest seafood and commercial fishing sector worldwide.
REQUIREMENT TO OPEN A COMPANY
Minimum 1 Shareholder.
25% of the directors should be resident Canadians (In case of Provincial Corporation in provinces such as British Columbia, Alberta there is no requirement of having a local resident director).
Registered Office Address.
List of 3 proposed names.
For Individual Shareholders: Copy of passport and identification documents, address proof and contact details.
For Corporate Shareholders: Details of Authorized person, Copy of Certificate of Incorporation, AoA, MoA and PAN card or similar document, Shareholding pattern.
For Proposed Directors: Copy of passport and identification documents, address proof and contact details.
Incorporating an Extra Provincial Corporation.
Assistance in Opening a Corporate Bank Account.
Obtaining Import Export Code.
Registering the company with GST/HST.
Other Maintenance & Compliance Services:
Provision of Local Registered Address.
Provision of services of Local Director.
Accounting and bookkeeping.
Filing annual and tax returns.
Payroll related compliances.
It takes approximately 5 – 7 days to register a company in Canada.