A Canadian Corporation can be either:
Advantages of Federal incorporation:
If you incorporate provincially, your corporation can only carry on business in the province where your business is incorporated.
You can get an extra-provincial incorporation later by registering in another province as your business expands.
As a Federal Corporation in Canada you are entitled to use your name in any province in Canada. You may still be required to meet individual provincial registration and taxation requirements.
With a Federal Company, one of the directors must be a Canadian resident.
The company may conduct business in any or all provinces.
When you incorporate in one Canadian province, your corporation will only have the right to carry out business within that province and your corporation's name is protected there.
Extra Provincial Registration is a process of incorporation that Corporations in Canada and foreign corporations have to go through when they seek to do business in various Provinces throughout Canada.
Our non-residents incorporation provides you with a Canadian company with a Registered Agent and a Registered Office.
Key Features of our Non-Resident incorporation package:
Provides the basic corporate governance framework for many small and medium-sized Canadian enterprises as well as many of the largest corporations operating in Canada.
The Registrar of the Provincial Registry or Federal Corporations Directorate, requires that the name is unique and not similar nor the same as any other registered company.
If incorporating federally, or in provinces such as Ontario, you will need to have a NUANS search done and then submit the NUANS report.
In other provinces, such as British Columbia and Nova Scotia, you must have a name search done once a Name Approval Request or Name Reservation Request Form, is completed. If the results of the search are acceptable it is then reserved.
You will need to have a name search. This will determine the availability and suitability of the corporate name you have chosen.
To incorporate your business, we will need to prepare the following incorporation documents:
If incorporating Federally, we will prepare a Notice of Directors and submit a federal NUANS report.
A Federal company requires one of the directors to be a Canadian resident.
Your company must have between 1 and 50 shareholders.
Your company requires a registered office, which will be the official address used by the government authorities. You will need an address in Canada that is either a commercial or residential address.
All government and commercial documents will be sent to the registered office address.
System Day will act as your registered agent and provide a registered office for your company. Our incorporation fee includes this service for a year.
Once incorporated we provide a set of corporate documents for your Canadian company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association, first minutes and Share Certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.