Register a Federal Corporation

The answer depends on two factors. 1. Numbered or named company, 2. your service speed selection. A numbered company can be ready in 2 hours while a named company in 1 business day if you choose such service speed. You will receive certificate, article, minute book and business number via email. These documents are sufficient to open bank account. Other services will be done afterwards.

You will get certificate, article, Minutebook, CRA business number and corporate tax ID in email. The first three documents are sufficient to open bank account.

Our agency is backed by law firm in Edmonton. We prepare the articles of corporation, by laws and other documents. We are proud to incorporate thousands of companies since 2002 in Canada.

Absolutely no hidden costs. When you set up a corporation, there are many filings needed to be done. We offer all filing into a single place. Therefore, in next steps, we will offer those services. You have option to choose or not to choose. If you do not choose anything else, your price will remain as you see in the first page.

Being a OneStop shop, we offer pretty much all corporation related services. We are backed by lawyers and accountants. In Next steps, you will find options to choose NUANS report (for named corporation), CRA business number, corporate tax ID, GST account, payroll account, export-import account, WCB account, minutebook, share certificates, corporate seal, domain name reservation and one year service support.

We are your local business Edmonton, backed by a local law firm in Edmonton. We are Alberta authorize agent to register your business. Our specialists review your order to ensure your are doing it correctly. Furthermore, we provide free guidelines, phone and live chat support.

The answer depends on two factors. 1. Numbered or named company, 2. your service speed selection. A numbered company can be ready in 2 hours while a named company in 1 business day if you choose such service speed. You will receive certificate, article, minute book and business number via email. These documents are sufficient to open bank account. Other services will be done afterwards.

In a numbered corporation, a random number will be the name (ex. 21345 Canada Ltd.). On the other hand, a named corporation will have a name such a Mike Construction Ltd. which will be protected by government. Obviously, a named corporation looks better on a business card, bank cheque, invoices and business signs.

For a named corporation, a valid NUANS report is required. You have option to upload if you already have it, or can ask us to obtain it for you. For details, read the bottom note on how name approval works.

We are an agent of Industry Canada. If you buy NUANS report from us, we do a pre-search first before obtaining the NUANS. If pre-search result shows good, we submit for name approval. If result shows conflict, we will request you for alternative name by email, up to 30 names at free of cost.

Generally a name should have two elements: distinctive and descriptive. The distinctive element can't be common English word, it has to be unique or made up words while descriptive element can be common English words. An example is "Mike Construction". In this name 'Mike' is the distinctive/unique element; 'Construction' is the descriptive element. Put your ideal name, if doesn't work, we will guide you.

All of these 6 legal suffix have same legal meaning and significance. Choice is for appearance purpose only. You may choose anyone that looks nice to you.

It is the location where business is located. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address. CRA documents will go to this address.

Yes, it can be changed later. In many cases when commercial place is not rented yet, residential address is given.

If you do not have a local provincial address, we provide registered address and mail scanning service.

Yes, you have the choice to renew it on an annual basis. Normally, the price remains same.

Directors are the overall head of the corporation, typically, all the owners. You can add more than one directors (up to 5). Each director has equal power and control to the corporation. Please note, minimum 25% of directors (1 out of 4) must be either Canadian citizen or Permanent Resident.

Foreigners can be directors, incorporators, officers or shareholders. The only restriction is minimum 25% of the director(s) must be Canadian citizen or permanent resident. If you are a foreigner and do not meet this requirement, please contact us. There is better approach for a foreigner to incorporate in Canada.

If you are doing corporation for a client, please do not write here your name. This place is the name of the primary owner of the corporation. We don't contact this person, rather we contact the person mentioned in billing address. You can write your details in the billing address during checkout.

Each director has equal power and control over the corporation. Second director can remove primary director and vice versa. Therefore, you may add additional director whom you trust. You may add a director at a later time as well.

Yes. A director can be added or removed at a later time. That could be done through our website.

Director must be an individual who is 18 year old or more.

Foreigners can be directors, incorporators, officers or shareholders. The only restriction is minimum 25% of the director(s) must be Canadian citizen or permanent resident. If you are a foreigner and do not meet this requirement, please contact us. There is better approach for a foreigner to incorporate in Canada.

Incorporator is the person(s), under whose authority this corporation is being created. Typically, all the directors are the incorporators.

If you are doing for a client, you may choose 'the directors are the incorporators'. We do not contact your clients, rather we contact the person in billing. You may write your details in billing address.

If you are incorporating a holding company, then you may choose the option, 'incorporator is another corporation'.

Every federal corporation MUST do at least one provincial registration of their head office. This is REQUIRED by law to start & operate business. Your corporation is NOT Complete and hence can't open bank account without completing provincial registration

No, you are not able to open bank account without provincial registration. Technically, it means, you have obtained permission only from federal government, but not from your local provincial government where business is located.

That is possible. But, registering it together with federal package is the default process; hence, costs less money & time, while doing it separately later is a manual process; hence, costs more money & time. An example, for a federal corporation located in Ontario, doing provincial registration together with federal costs only $125 while doing it latter costs $595.

If you choose electronic version, we will send the minutebook in email only (pdf). You need to print it, find a binder and arrange it properly. If you select a physical copy, you will receive both, electronic version in email and also physical printed version in the binder from us.

Anybody including an employee can be an officer to the corporation. It's not as important as of director. It's changeable later at any time.

Any designation is fine. It's more important for a big corporation. It's changeable later.

Yes, same person can be director, incorporator, officer and shareholder. Most new corporation starts in that manner and changes when it grows bigger.

This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price.

These are weaker than class A. Most people don't issue it in the beginning. Some people issue in case they are selling some of their shares to others.

If you are the only shareholder, any number is okay, 100% owned by you. Most people put 1. It's changeable later. If more than one shareholder, put proportionately.

Yes. You can add or remove sharehodler later at anytime.

Total share is calculated by adding up each shareholder's share number. Example: your share is 60, your spouse's share is 40. Then total shares = 60 + 40 = 100. In this case, you hold 60% and spouse holds 40%. If more than one shareholder and you want to assign in percentage, make total share number as 100.

It's the initial set up for a GST/HST account with CRA. Every corporation must have a HST account to collect GST/HST upon sales. Customer's invoice or receipt must show the GST/HST number as well. Unable to collect GST/HST, may cause penalty by CRA.

Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not payroll service, but the initial set up of payroll account with CRA.

If your business involves in importing or exporting physical goods, it is required. The government uses this account to process the customs clearance.

It's the Workplace Safety Board registration. Different provinces name it differently. It's called WSIB in Ontario, WSB in BC, WCB in Alberta etc. If your corporation plan to have employees now or in future, it MUST register with WCB. We register and give you the account number and hook you with WCB authority. Please note, it does not cost monthly premium fees, rather WCB authority will advise on your eligibility of free program or fees.

We are an agent of global domain registration. After your company name gets approved, we can instantly reserve a domain in your company name (example: www.companyname.com)

Two major benefits. 1. Tax claimable: cost that occurs during business set up, is called Business Development Expenses, is tax claimable. Costs that occurs after business already registered, is called operational cost, is not tax claimable. These costs will occur at any way, since these are mandatory filing, therefore, it's wise to include in package. 2. The default process is, these filing to be done together with corporation; hence, it's cheaper in package. To do this services later; there are manual forms and process; hence, costs more money and takes longer processing time.

Share certificates are legal and official proofs of ownership of corporation. Bank may asks to show it to open bank account. Most people choose 5 share certificates to save costs, some choose 10 or 20. It includes blank certificates in case you want to add spouse, child or friend as shareholder in future.

Corporate Seal is a protection against fraudulent activity. It has legal value (by default defends) in case anybody create false docs or make false loan in your company name. It's highly recommended if your company has frequent transactions or provide receipt, invoices. It's also needed if you go for loan, mortgage, employment contract, service contract or any sub-contract.

It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our lawyer, accountant and corporation specialist here for you. It's a $399 dollar service, but only $99 with package.