Manitoba Residency Requirement: Yes
At least 25% of a corporation’s directors must be residents of Canada. If a corporation’s board is comprised of three or fewer directors, one of them must be a resident of Canada.
Business Corporations are incorporated provincially in Manitoba, according to the provisions of the Manitoba Business Corporation Act with the Manitoba Corporate Registry Division. Company Formations Canada provides fast and easy Manitoba Incorporation Service and provides all the documents your new Manitoba corporation will need to stay up-to-date and in compliance with the Manitoba 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 Manitoba Corporation. Fast, Easy, Online Manitoba Incorporation Service.
