What is an Ontario LP? An Ontario limited partnership is a partnership governed by statute and any governing documents agreed to between the parties (e.g. limited partnership agreement). The Ontario Limited Partnerships Act. Section 3(1) states that an Ontario limited partnership must consist of at least one person who is a GENERAL partner and one […]
Archive | Doing Business in Ontario
RSS feed for this sectionUnderstanding the Different Forms of Business in Ontario
Ontario Sole Proprietorship A sole proprietorship refers to an individual who operates a business and is generally the simplest way to set up business. The sole proprietor is subject to unlimited liability – this means that the sole proprietor is fully responsible for all debts and obligations related to his or her business. A creditor […]
How to incorporate a business corporation in Ontario.
How to incorporate a business corporation in Ontario. Articles of Incorporation, Form 1 under the Ontario Business Corporations Act (OBCA) must be completed and filed to incorporate a business corporation in Ontario. Name search Unless the corporation will have a number name, an original Ontario-biased NUANS name search report must be obtained from a private […]
How to Incorporate your Business in Ontario?
How to Incorporate your Business in Ontario? To register your corporation in Ontario, you will need to provide: Name and address of the business. Fresh NUANS report – less than 90 days old. Description of the business activity. Name and address of each Director. Name and address of each Shareholder. Completing your articles of incorporation […]
How to Incorporate a Company in Ontario
How to Incorporate a Company in Ontario. Incorporating your company provincially in Ontario is a six-step process. Step 1: Deciding how you want to name your Ontario corporation Before you begin the process of incorporation, you need to name your corporation. Every Ontario corporation must have a name; this is known as a corporate name. […]
Benefits of Registering a new Ontario Corporation.
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 […]
How much does it cost to register a business in Ontario
Ontario Trade name An Ontario trade name is used when: an individual does business under a name other than their own personal name a corporation does business under a name other than its legal name A trade name is also known as a sole proprietorship. The government fee to register a new trade name in […]
How to incorporate a business corporation in Ontario
Articles of Incorporation, Form 1 under the Ontario Business Corporations Act (OBCA) must be completed and filed to incorporate a business corporation in Ontario. Methods of incorporation There are three service delivery choices available to clients who wish to incorporate a business corporation in Ontario: File Articles of Incorporation electronically via the Internet For over-the-counter […]
