There’s no doubt that successful businesses start with brilliant ideas. After all, in today’s fiercely competitive environment, innovation is the ammunition entrepreneurs need to stand out in the crowd. Many newcomers to the business world may assume that starting a new business is necessarily linked to an invention. And although this may play an important […]
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RSS feed for this sectionDoing Business in Canada Advantages
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? Below we share 11 benefits of do business in Canada. 1. An abundance of seed capital Seed capital is […]
US companies Doing Business in Canada
Are you doing business in Canada or have plans to expand to Canada? A U.S company carrying on business in Canada is required to register extra provincially in each Canadian province or territory where it intends to do business. Every extra-provincial corporation must register under the Business Corporations Act within (30) days after it begins […]
Address of Principal Place of Business in Ontario
Address of Principal Place of Business in Ontario: The principal place of business field is found on the Form 1, under the Business Names Act It refers to the physical address of the business and therefore, a post office box is not an acceptable address. If there is more than one place of business in […]
Definition of Business Address in Ontario
Business Address in Ontario: The business address field is found on the Form 2, under the Business Names Act. It refers to the physical address of the business and therefore, a post office box is not an acceptable address. If the business address is not located in Ontario, the words “Not Applicable” can be entered […]
Do I Need an Attorney to Incorporate in Canada?
An attorney is not a legal requirement for incorporating a business in Canada. You can prepare and file the articles of incorporation yourself. However, if you are unsure of what steps your business should take and you don’t have the time to research the matter yourself, a consultation with a good corporate attorney or a […]
What is a Corporation?
A corporation is a legal entity that exists separately from its owners. Creation of a corporation occurs when properly completed articles of incorporation are filed with the correct state authority, and all fees are paid. Company Formations Canada provides fast and easy Canada Online Incorporation Service and provides all the documents your new Canada corporation […]
Resident Canadian Requirement for Directors of Ontario Companies
All Ontario companies must have at least one director and this person must be a resident Canadian as defined in the Business Corporations Act (Ontario). Director(s) are the individuals who manage and supervise the business on behalf of the owners (shareholders). The directors will also appoint officers to assist. The Business Corporations Act (Ontario) provides […]
Setting Up Your Minute Book
The very first documents that are included in the minute book are called the “organizational documents of the company”. The documents that will be prepared and inserted in the minute book will be: General Operating By-law A by-law is a list of rules. Some of the things that you will find in a by-law are: […]
4 Questions to ask Before Starting a Business
Suppose you’ve been wanting to start a business; or maybe you’ve lost a job and you’re thinking that starting a new business might be easier than finding a new job (it’s not that unrealistic, by the way; it does happen sometimes). Is now a good time? Or is now such a horrible time that you […]
