Subject to subsection (2), a corporation shall not have a name, (a) that contains a word or expression prohibited by the regulations; (b) that is the same as or, except where a number name is proposed, similar to, (i) the name of a known, (A) body corporate, (B) trust, (C) association, (D) partnership, (E) sole […]
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Assignment of number to Ontario Corporations
Every Ontario corporation shall be assigned a number by the Director and such number shall be specified as the corporation number in the certificate of incorporation and in any other certificate relating to the corporation endorsed or issued by the Director. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 […]
Certificate of incorporation for Ontario Corporations
An incorporator shall send to the Director articles of incorporation and, upon receipt of the articles, the Director shall endorse thereon, in accordance with section 273, a certificate which shall constitute the certificate of incorporation. A certificate of incorporation is conclusive proof that the corporation has been incorporated under the Ontario Business Corporation Act on the […]
Director’s consent for Ontario Corporations
The Ontario corporation shall keep at its registered office address the consent, in the prescribed form, to act as a first director, (a) of each individual who is named in the articles as a first director and who is not an incorporator; and (b) of each individual who is named in the articles as a […]
Incorporation of an Ontario Corporation
An Ontario corporation may be incorporated under the Ontario Business Corporation Act with its powers restricted by its articles to lending and investing money on mortgage of real estate or otherwise, or with its powers restricted by its articles to accepting and executing the office of liquidator, receiver, assignee, trustee in bankruptcy or trustee for […]
Importing Commercial Goods into Canada
Process of Importation All goods imported into Canada must be reported to the CbsA and all applicable duties and taxes must be paid. the amount of customs duty payable will depend upon the tariff classification, the origin and the value of the goods, as determined for customs purposes. Business Number – importer/Exporter Account Number All […]
Ontario Municipal Taxation
Municipal taxation in Ontario generally takes the form of real property taxation. Ontario municipalities do not impose sales taxes or income taxes. real property taxes are not imposed by the federal government. Municipalities levy and collect property taxes based on assessed values determined by the Municipal Property Assessment Corporation. Municipalities may also levy development charges […]
Ontario Sales Taxes
All Canadian provinces have some form of general or limited sales tax, such as sales taxes, use taxes, value-added taxes, or specific sectoral taxes on fuel, tobacco, or hotel and accommodation taxes. Prior to the implementation of the HST, the Ontario retail sales tax (“RST”) formerly applied at a rate of 8% to most sales, […]
Canada GST/HST for property and services made in Canada
The Gst/HST applies only to supplies of property and services “made” in Canada. supplies of property and services that are made outside Canada are beyond the scope of the Gst/ HST. special deeming rules are contained in the legislation for purposes of determining when a supply is made inside or outside of Canada. Furthermore, certain […]
