There are different ways to form a business in B.C., each with its own advantages and disadvantages. Companies can officially incorporate, or they can register as a sole proprietorship or a partnership. The decision to incorporate depends on the specific needs of the persons involved and the goals of the company. Companies are incorporated in […]
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Ontario can nominate more immigrants for permanent residence in 2019
Ontario will be able to nominate 6,900 immigration candidates for Canadian permanent residence through its immigrant nominee program in 2019. Ontario is Canada’s most populous province and remains the destination of choice for the majority of immigrants to Canada each year. Canada’s Provincial Nominee Program (PNP) grants nine Canadian provinces and two territories the power […]
Features of Canada Limited Partnerships
The Canada Limited Partnership is run by the single general partner with majority ownership. A limited partnership has relatively few operational formalities, low-to-mid-range administration costs and clear rules for raising capital. Accounting of Canada Limited Partnerships Revenues, expenses and cash flow management are all tracked internally with additional outside support for other accounting functions. Taxation Of […]
How to Form a Canadian subsidiary
A Canadian subsidiary is one of the most popular options for global entrepreneurs wishing to start and operate a new business in Canada. To create a subsidiary, you would incorporate in a province of your choice. You can also incorporate federally. If the subsidiary isn’t incorporated federally, you can choose to apply for extra-provincial registrations […]
Director Residency Requirements Canada
The wealth of Canada’s natural resources, its strong economy, and a stable government and banking environment makes Canada a sought-after nation for trade, investment and doing business. There are several legal business structures available to foreign entrepreneurs and businesses wishing to conduct business in Canada. The two most common ways in which global entrepreneurs register […]
Articles of Incorporation Nova Scotia
Nova Scotia Articles of Incorporation. When a company seeks to incorporate provincially in Nova Scotia, it must file its Articles of Incorporation “Memorandum of Association” with the Nova Scotia Registry of Joint Stock Companies. The Articles of Incorporation called “Memorandum of Association” in Nova Scotia outline the company’s name, registered address, number of directors, name, […]
Nova Scotia Introducing the Lowest Incorporation Government Fees in Canada
Nova Scotia’s entrepreneurs now benefit from the lowest incorporation government fees in the country. Service Nova Scotia Minister Geoff MacLellan introduced on, Sept. 7, 2018 amendments to the Nova Scotia Corporations Registration Act and announced a regulation change to the Companies Act to help new Nova Scotia businesses in the start-up phase. The amendments eliminated […]
Memorandum of Association Nova Scotia
Who may incorporate a new company in Nova Scotia? Anyone or more persons associated for any lawful purpose other than a banking, loan, trust or insurance company, may, by subscribing their names to a memorandum of association and otherwise complying with the requirements of this Act in respect of registration, form an incorporated company, with […]
Online Minute Book
Whether you have organized your corporation federally in Canada or provincially in any Canadian province or territory, your existence as a corporate entity begins with the filing of your “Articles of Incorporation” with the corporate registries office of your jurisdiction of incorporation. After this initial document is filed, the company can only act through its Board of […]
Corporate Minute Book Template Canada
Every corporation in Canada is required to maintain an official record of its activities including records of any annual meetings conducted by the directors and shareholders of the company as well as any change within the corporation such as any change of address, changes in directors, shareholders and/or officers, etc. Such record is normally kept […]