A non-resident corporation has to file a T2 return if, at any time in the year, one of the following situations applies: it carried on business in Canada it had a taxable capital gain it disposed of taxable Canadian property unless the disposition meets all the criteria listed below in the section “Dispositions of taxable […]
About companyformations
Types of Canadian corporations for tax purposes
There are different types of corporations for tax purposes, and you have to select the one that accurately describes your corporation type at the end of the tax year. The corporation type determines whether or not the corporation is entitled to certain rates and deductions. Make sure you know which type applies to you: Canadian-controlled […]
Advantages of Federal Corporations in Canada
The main difference between federal and provincial incorporation is that federal incorporation gives your business increased business name protection and wider rights to carry on business. Federal incorporation of your business means that you will be able to do business all across Canada under the same business name, even if some other company is already […]
Limited Partnership Structure Proving Attractive to Foreign Investors
Foreign investors considering establishing businesses in Canada increasingly are weighing the merits of structuring their concerns as limited partnerships. A limited partnership (LP) is a partnership among persons carrying on business in common. It is composed of a general partner (or partners) and one or more limited partners. The limited partners benefit from limited liability. […]
Transfer of registered office by agent of a British Columbia Corporation
An applicant agent means a person (a) who is not a director or officer of the company, and (b) who is authorized by the company to maintain the registered office of the company. An applicant agent who maintains the registered office of a company may apply to the registrar, in an application to transfer registered […]
Change of agent’s office of a British Columbia Corporation
A person who maintains the registered office or records office of one or more companies at the person’s place of business or residence may, if there is to be a change to one or both of the mailing address and the delivery address of that place of business or residence, before that change occurs, file […]
Change of registered or records office of a British Columbia Corporation
Subject to section 34 (1) of the British Columbia Business Corporation Act, a company that has been authorized to do so under subsection (2) of this section may change one or both of the mailing address and delivery address of one or both of its registered office and records office by filing with the registrar […]
Registered and records offices of a British Columbia Corporation
Subject to section 40 of the British Columbia Business Corporation Act, a British Columbia company must maintain a registered office and a records office in British Columbia. The registered office and the records office may be located at the same place. A company recognized under the British Columbia Business Corporation Act has as the mailing […]
Restricted businesses and powers of a British Columbia Corporation
A British Columbia company must not (a) carry on any business or exercise any power that it is restricted by its memorandum or articles from carrying on or exercising, or (b) exercise any of its powers in a manner inconsistent with those restrictions in its memorandum or articles. No act of a company, including a […]
Capacity and powers of a company in British Columbia
A British Columbia company has the capacity and the rights, powers, and privileges of an individual of full capacity. British Columbia Incorporation Service Company Formations Canada provides fast and easy British Columbia Incorporation Service to Canadian residents and non-Canadian residents wishing to start and operate a new business in British Columbia and Canada: British Columbia […]
