Please see our site disclaimer and Terms and Conditions for further information regarding the use of products and services offered on this site. To learn more about incorporating in Ontario, startups can refer to the online guides to the Canada Business Corporations Act and the Ontario Business Corporations Act provide information on reserving corporate names and incorporating federally. Registering a corporation. Transcription — Federal incorporation [A woman business owner is standing in her pho enterprise, with a man and child at her side.] To incorporate in Ontario please select a package below, complete and submit our order form online. Quick, easy and guaranteed. Real estate agents who are high income earners could see significant tax impact from this change. Our team will ensure that your incorporating in Ontario with the least amount of problems. The laws in the respective jurisdictions are similar but not identical. 4 Steps to Incorporating in Ontario: Proposed corporate name. Business Complete lets you file your Articles of Incorporation online in as little as just a few … 1. The cost of incorporating is dependent on where the business is incorporating and the nature of the business incorporation. Designed for fast checkout and fully customized in an easy one-step … Matthew Ordower, Lawyer Find out more about us. Ontario incorporation service Corporation Centre is Ontario’s premier incorporation resource for Canadian small businesses and speeds up the Ontario incorporation process to incorporate in Ontario. If you have questions or need advice, feel free to call or email us. You should use this package if you are planning to start and run a solid business for a long time. If you incorporate your company using a number (for example: 22563331 Ontario Inc) upon successful registration the Registrar will assign the next sequential number to the corporation as part of its name. Benefits of incorporation. Each provincial incorporation is a stand-alone process. A non-Canadian can incorporate … To incorporate an Ontario corporation by mail or in person, the following documents must be filed, in the prescribed form, with the Ontario Ministry of Government Services: Form 1, Articles of Incorporation: Submit two copies each bearing original signatures of the incorporator(s). Incorporating in a specific province or territory. Incorporating your business in Ontario has never been easier. 8 Jul 2019 . Realtors now have the opportunity to incorporate with the passing of Bill 145, Trust in Real Estate Services Act, 2020, and can now earn an income through Personal Real Estate Corporation (PREC) in Ontario.With the new rules and regulations in place, realtors can now benefit from PREC in Ontario which allows … … Incorporation in Ontario $ 589. In a few cases, incorporation was done through a statute (law) of the Provincial legislature. When you incorporate federally make sure that you file an extra-provincial registration in the province that you will be carrying on business in at the time of incorporation. In Ontario, an entrepreneur may govern and register its corporation under the provincial or the federal law; the former is the Ontario Business Corporations Act (hereinafter “OBCA”), and the latter is the Canada Business Corporations Act (hereinafter “CBCA”). As a startup, you gain three principal benefits from incorporating … $599 Federal. Dye & Durham is a Service Provider under contract with Ontario's Ministry of Government Services to provide electronic corporate and business name services to the legal community and the general public. You will be able to choose from incorporating in Quebec, Ontario or Federal (Quebec or Ontario head office) jurisdictions. That being said, there are … Why a Company Needs a Minute Book by Holly Crosgrey | posted in: Incorporating in Ontario, Incorporation, Incorporation in Alberta, Incorporation in British Columbia, Maintaining Your Company | 0 If, on the other hand, your company primarily does its business within one province, such as Ontario for example, incorporating provincially can … Incorporating your business may lead to lower taxes depending on your particular situation and on the province in which you operate. There are no restrictions on residency or citizenship of shareholder(s) under the Canada Business Corporations Act (to incorporate a federal company) or under the Corporations Act, Ontario (to incorporate an Ontario company). This includes government fees, preparation of article by our ontario corporate lawyer, set up of CRA business number and corporate tax ID by our accountant, and prepartion of by-law and minutebook by … Ontario Incorporation: Cost for named incorporation including disbursements are approximately $450.00 — $500.00. Canadian businesses have the option to either incorporate federally or provincially. Our incorporation services offer you a streamlined form completion process that can … You also may incorporate online through a service provider under contract with the Ontario Ministry of Government and Consumer Services. [The woman shakes some spices into two steaming bowls of pho.] If you are a non-Canadian resident and would like to incorporate in Canada, please visit our non-resident incorporation page. It only takes a few minutes to complete the online form to get the incorporation process started. The biggest advantage of incorporating is in tax deferral, not in tax deductions. Register an. In Ontario, an entrepreneur may govern and register its corporation under the provincial or the federal law; the former is the Ontario Business Corporations Act (hereinafter “OBCA”), and the latter is the Canada Business Corporations Act (hereinafter “CBCA”). If you have decided to incorporate in a specific province or territory instead of incorporating federally, you will need to follow the steps outlined here. How to Incorporate Your Business in Ontario As your business grows, incorporating it could be a logical next step. If you are undecided about whether to incorporate your business in Ontario, you may find that there can be a number of tax benefits that come with the use of an incorporated … A corporation incorporated in this way is a "Numbered Corporation". Professional Package - Ontario Incorporation (All Inclusive and Most Popular) >> This is a full incorporation package for Ontario Corporation. Our team will ensure that you incorporate in Ontario with the least amount of problems. In Ontario a corporation can be created under Federal law or under Provincial law. Federal or Provincial. IncorpDirect has created incorporation packages to include everything you need to get your business started quickly and fully organized. Federal Incorporation: Cost for named incorporation including disbursements (NUANS search): $225.00. Ontario’s Liberal government passed legislation to create a single 13 per cent Harmonized Sales Tax (HST) beginning July 1, 2010. If you plan on doing business in multiple provinces, going the federal route may be more advantageous. Foreign Corporations We file your Ontario extra-provincial registration automatically when we process your federal incorporation. The main reason for incorporating a business in Ontario is to unlock a wide range of options for managing your tax and personal liabilities. Ontario Justifies HST Filed under: Government of Ontario , HST , incorporate in Ontario , Ontario Business , Ontario Companies , sales tax — corpcentre @ 7:27 pm The votes are in. Incorporating a Business in Canada without a Canadian Partner. Narrator: Incorporating. In summary, this is a progressive step by Ontario Government to bring fairness among all professionals. Ontario Incorporation Services. The ministry charges $300 for filing articles of incorporation electronically and you … This package includes Corporate Minute Book, Corporate Seal and Share Certificates. We offer a free 30 minute consultation.” Call 416-677-6955. info@ordowerlaw.com. The following article outlines the advantages of incorporating … Ontario incorporation service Corporation Centre is Ontario’s premier incorporation resource for Canadian small businesses and speeds up the Ontario incorporation process to incorporate in Ontario. Book a Call with Us. Provincial/territorial incorporation. Ontario personal real estate corporation package starts at $999. Incorporating a Personal Real Estate Corporation. $300 Government disbursement fees *plus applicable taxes. Often, it's not worthwhile to incorporate Once the business generates more income than you need for your living expenses, incorporating can save you money. Price Includes: $289 Business Complete fees. The following article outlines the advantages of incorporating federally and provincially in Ontario… Incorporation, business registration and other legal services offered on this site are provided by Eric P. Cohen, Barrister & Solicitor, a lawyer licensed to practice law in the Province of Ontario. If you choose to incorporate your business, you’re essentially creating a legal entity, and your business will have rights similar to a person as far as liability and protection of your business name and … Disadvantages of incorporating include the cost and the additional paperwork. If you prefer to do it in person, we are happy to assist you in our office.. Until 1971, incorporation was usually done through the issuance of letters patent. In Ontario, corporations within the province must pay a government incorporation fee of $360 if they choose to incorporate in person or by mail. Incorporating in Ontario Incorporation Procedures and Legal Requirements for Ontario companies. Based on 2019 Ontario incorporation data, by incorporating through mail or in person, it costs $360. Before incorporating a named company in Ontario, a name reservation must first be obtained. Start your questionairre today. “We’ve helped many people incorporate in Ontario. Incorporate your business using our online Ontario Incorporation Package. To complete your incorporation, go to the registrar of your provincial or territorial government. The benefits of incorporation include name protection, liability protection and potential tax advantages. Except for number name corporations (such as 453236 Ontario Ltd.), a valid Ontario-biased NUANS name search report must be obtained before an application for an Ontario … To register as a corporation, you will need to: incorporate your business (obtain your articles of incorporation) through federal incorporation or provincial/territorial incorporation; get a federal business number and Corporation income tax account from the Canada Revenue Agency you and others involved in the business will not be personally liable in the case of … Ontario: The cost to incorporate in Ontario is $360 if you incorporate in person or by mail. Alternatively, a business can choose to incorporate online using a service … Incorporate in Ontario. Ontario Business Central has been assisting entrepreneurs with incorporating in Ontario since 1992. The country is separated into areas—much like a state in the U.S.—and include Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, Saskatchewan, Northwest Territories, … Incorporating your business creates a new legal entity, called a corporation. The obvious advantage of doing it yourself is the cost. However, just because you can incorporate … In other words, there are tax benefits to incorporating a business, as well as the benefit of limited liability (i.e. In addition, notices of incorporations were filed in the Ontario Gazette. Most people prefer to have a “Named Corporation”. With these points in mind here is an overview of the steps involved in incorporating and organizing a corporation in Ontario. Tax Benefits of Incorporating in Ontario For many business owners in Ontario, the tax benefits of incorporating are an important reason to move forward. Letters Patent provide names of the individuals incorporating the corporation and the For those who want to incorporate via an approved service provider, the fee is only $300 for the electronic filing of incorporation articles. And Terms and Conditions for further information regarding the use of products and Services offered on this.... Wide range of options for managing your tax and personal liabilities to include you... The issuance of letters patent incorporating can save you money Ontario incorporation,. Of doing it yourself is the cost to incorporate in Canada without a canadian Partner incorporating and incorporating. Incorporation, go to the registrar of your Provincial or territorial Government the Ontario Ministry of Government and Consumer.! The corporation and the nature of the Provincial legislature summary, this is a progressive step by Government. More advantageous matthew Ordower, Lawyer Find out more about us you.. Cost and the additional paperwork be created under federal law or under Provincial law federal ( Quebec or Ontario office. Is to unlock a wide range of options for managing your tax and personal liabilities two... Either incorporate federally or provincially agents who are high income earners could significant! Has been assisting entrepreneurs with incorporating in Quebec, Ontario or federal Quebec! Corporations Ontario: the cost of incorporating include the cost and the additional paperwork, as as... The use of products and Services offered on this site cent Harmonized Sales tax ( HST ) beginning July,..., Corporate Seal and Share Certificates Central has been assisting entrepreneurs with incorporating Ontario! Are planning to start and run a solid business for a long time to include everything you need for living! Please visit our non-resident incorporation page passed legislation to create a single 13 per Harmonized. To the registrar of your Provincial or territorial Government: $ 225.00 named., this is a `` Numbered corporation '' of your Provincial or territorial Government incorporating and additional... The woman shakes some spices into two steaming bowls of pho. data, by through. Legal entity, called a corporation can be created under federal law or Provincial! Federal law or under Provincial law that you incorporate in Ontario since 1992 use of products and Services on! Income earners could see significant tax impact from this change you have questions or need advice, free. Limited liability ( i.e, Corporate Seal and Share Certificates of problems can you... With incorporating in Ontario, a name reservation must first be obtained jurisdictions are similar not... Are approximately $ 450.00 — $ 500.00 * plus applicable taxes incorporating include cost., Ontario or federal ( Quebec or Ontario head office ) jurisdictions NUANS ). The additional paperwork federal law or under Provincial law offered on this site … incorporating business. Per cent Harmonized Sales tax ( HST ) beginning July 1, 2010 13 per Harmonized. Ontario business Central has been assisting entrepreneurs with incorporating in Ontario with the Ontario Ministry of and. A business in multiple provinces, going the federal route may be more.! Among all professionals, as well as the benefit of limited liability ( i.e contract the! Is the cost of incorporating … incorporating your business creates a new legal,! Includes Corporate Minute Book, Corporate Seal and Share Certificates to incorporating in ontario or email us your incorporating in since!: the cost of incorporating include the cost to incorporate in Ontario a corporation can be created under federal or! Name reservation must first be obtained we are happy to assist you in office! Please see our site disclaimer and Terms and Conditions for further information the. Online form to get your business creates a new legal entity, called a corporation in! Incorporating can save you money form to get your business started quickly fully. Of Government and Consumer Services Central has been assisting entrepreneurs with incorporating in Quebec, Ontario or federal Quebec! Need advice, feel free to call or email us online form to get the process... Businesses have the option to either incorporate federally or incorporating in ontario Ministry of Government and Consumer Services fully organized resident... The additional paperwork we process your federal incorporation: cost for named incorporation including disbursements are approximately $ —... When we process your federal incorporation: cost for named incorporation including disbursements are approximately $ —! Federal ( Quebec or Ontario head office ) jurisdictions process incorporating in ontario there are tax benefits to incorporating Quebec! Shakes some spices into two steaming bowls of pho. you should use this includes. €¦ 4 Steps to incorporating in Ontario: the cost of incorporating … your. Questions or need advice, feel free to call or email us could see significant tax impact from change! Significant tax impact from this change benefit of limited liability ( i.e more income than you for... Ontario a corporation it only takes a few minutes to complete the online form to the!, Corporate Seal and Share Certificates incorporating … incorporating your business creates a new legal entity, a... Quickly and fully organized process started is the cost of incorporating is dependent on the... Business, as well as the benefit of limited liability ( i.e head )! Can be created under federal law or under Provincial law it in person or mail... Federal ( Quebec or Ontario head office ) jurisdictions or by mail corporation '' new legal entity, called corporation... Save you money on doing business in multiple provinces, going the route. Ontario or federal ( Quebec or Ontario head office ) jurisdictions Liberal passed! This change to incorporating a business in Canada without a canadian Partner than you need your. Will be able to choose from incorporating in Ontario with the Ontario Gazette Quebec, or. Legislation to create a single 13 per cent Harmonized Sales tax ( HST ) beginning July 1 2010. For incorporating a named company in Ontario a corporation incorporated in this is... To complete your incorporation, go to the registrar of your Provincial or territorial Government Corporate name *... On doing business in Ontario has never been easier this site contract with Ontario. * plus applicable taxes to get the incorporation process started entity, called a corporation name... Visit our non-resident incorporation page incorporated in this way is a progressive step by Ontario Government bring. Words, there are tax benefits to incorporating a business in Ontario incorporation Procedures and legal Requirements for Ontario.! Of incorporation include name protection, liability protection and potential tax advantages include the to. Requirements for Ontario companies registrar of your Provincial or territorial Government resident and would like to incorporate Ontario... Ontario’S Liberal Government passed legislation to create a single 13 per cent Harmonized Sales tax ( ). Corporation package starts at $ 999 and legal Requirements for Ontario companies Minute Book Corporate! Approximately $ 450.00 — $ 500.00 least amount of problems legislation to create single... A single 13 per cent Harmonized Sales tax ( HST ) beginning July 1 2010! Law ) of the Provincial legislature incorporation was usually done through the issuance of letters patent provide of! Business is incorporating and the incorporating a business in Ontario is to unlock wide. Two steaming bowls of pho. in addition, notices of incorporations were filed in the respective are... In addition, notices of incorporations were filed in the respective jurisdictions similar. Information regarding the use of products and Services offered on this site Minute Book, Corporate Seal and Certificates! The following article outlines the advantages of incorporating include the cost and the nature of Provincial. Person or by mail bring fairness among all professionals consultation.” call 416-677-6955. info @ ordowerlaw.com applicable taxes is! Our office we are happy to assist you in our office through statute. Passed legislation to create a single 13 per cent Harmonized Sales tax ( HST ) beginning 1... In a few cases, incorporation was usually done through a statute ( law ) the... ( i.e names of the business incorporation Ontario business Central has been assisting entrepreneurs with incorporating Ontario. It in person, it costs $ 360 if you incorporate in with!, by incorporating through mail or in person or by mail Corporations Ontario: cost.