Canada Residency Requirement: Yes
At least twenty-five per cent of the directors of a corporation must be resident Canadians. However, if a corporation has less than four directors, at least one director must be a resident Canadian.
Business Corporations are incorporated federally in Canada, according to the provisions of the Canada Business Corporation Act with the Canada Corporations Division. Company Formations Canada provides fast and easy Canada Federal Incorporation Service and provides all the documents your new Canada federal corporation will need to stay up-to-date and in compliance with the Canada Business Corporation Act.
Why should I incorporate?
One of the most frequently asked questions by entrepreneurs starting a new business is: “Should I incorporate?” The answer to this question is usually: “That depends on your particular situation and your particular needs.” Among the factors to consider in making these decisions are the benefits of incorporating (versus operating the business as a sole proprietorship or partnership) and the implications that incorporation may have for the business.
Benefits of incorporating
Separate legal entity
Limited liability
Lower corporate tax rates
Greater access to capital
Continuous existence
Incorporate today your new Canada Federal Corporation. Fast, Easy, Online Canada Federal Incorporation Service.
