The most common form of business vehicle used in British Columbia is the corporation. Corporations can be incorporated under the provincial Business Corporations Act. However, corporations can also be incorporated federally under the Canada Business Corporations Act. The provincial Business Corporations Act was recently updated and provide considerable flexibility over the Canada Business Corporations Act […]
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RSS feed for this sectionWhat Incorporation Means
Companies are incorporated in B.C. under the Business Corporations Act. The Act gives incorporated companies: All the powers of an individual An independent existence – separate and distinct from its shareholders An unlimited life expectancy A company can acquire assets, go into debt, enter into contracts, sue or be sued. Company Formations Canada provides fast […]
Incorporated Companies in British Columbia
Incorporated Companies. In B.C., incorporation creates a legal entity known as a corporation, commonly referred to as a company. Three types of companies may be created through incorporation: Limited company (most common) Unlimited liability company Community contribution company Why should I incorporate? One of the most frequently asked questions by entrepreneurs starting a new business […]
Incorporating a Limited Company in British Columbia
Below are the basic steps for forming (incorporating) a company in B.C. There are other steps that must be considered, such as setting up minute or records books, establishing a central securities register and issuing share certificates as well as ongoing reporting requirements such as Annual Reports, Change of Directors, address changes. Please seek legal […]
Starting a Business in British Columbia Canada When You Already Have a Business
Are you a non-Canadian who has an established business in your own country and would like to start a business in Canada? Or are you a non-Canadian who would like to open a company in Canada? Then this article is for you. Starting a Business in British Columbia When You Already Have a Business Expanding […]
Types of Corporations in British Columbia
In British Columbia, there are two types of corporations: a business a not-for-profit Business Corporations A corporation is its own legal entity (i.e. a pretend person), unlike a sole proprietorship or a partnership. The corporation owns the assets and has the liabilities, not the shareholders (or the directors). A corporation may own property in its […]
British Columbia Company Registration for Non Canadian Residents
British Columbia Corporations for Non Canadian Residents Registering a new company in British Columbia as a non Canadian resident – British Columbia Incorporation for Non-Canadian residents for only $2200. Company Formations provides fast and easy Company Registration in British Columbia for non-Canadians residents and provides all the documents your new British Columbia corporation will need […]
Maintaining Your B.C. Company
The British Columbia Business Corporations Act requires all incorporated companies to file information about the company with the Corporate Registry office. ANNUAL REPORT (FORM 6) A company must file an annual report each year within two months after each anniversary of the date on which the company was recognized. A recognition date is the company’s […]
Incorporating a Limited Company in British Columbia
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. British Columbia Incorporation service […]
Free British Columbia Incorporation Forms
Incorporating a new company in British Columbia? Download our Free British Columbia Incorporation Forms. British Columbia Incorporation Application Form
