Requirements to Start a Business in Canada

Starting a new business in Canada as a Canadian resident or Non-Canadian resident is very straightforward and the registration of the new venture can be done in six easy steps:

1. The first step is the name search request
2. The second step is to hire the services of a registered agent in the jurisdiction of registration
3. The third step is the preparation of the incorporation agreement, articles of incorporation and other incorporation documents
4. The four-step is the filing of the incorporation application with the registries office
5. The fifth step is the paying of all the fees
6. The sixth step is obtaining the company’s tax ID number

Some basic recommendations for those entrepreneurs thinking to start a new business in Canada are:

Make Sure You Are Your Ready for Entrepreneurship

It is easy to come up with an idea to start a business, but not so easy to actually launch and build a profitable business. Eighty percent of businesses fail in the first five years. Before you take the risk of starting a business, make sure:

  • That you are ready to start your own company
  • That you have assessed your business readiness

Evaluate Your Options

When starting a business in Canada, there are important differences between starting from scratch, buying a privately owned business and buying a franchise.

Prepare a Business Plan

You should not skip this important step … even if it means that you just jot your ideas down on scraps of paper or a napkin!

Register Your Business -select a province/territory

If you are a Canadian resident you can register your company in any Canadian province following some formalities. If you are not a Canadian resident you can also register your business in one of the Canadian provinces that allow non-residents of Canada to register businesses in their provinces.

Currently, 8 Canadian provinces allow non-residents of Canada to register new businesses in their provinces. These are:

  • British Columbia
  • Prince Edward Island
  • New Brunswick
  • Nova Scotia
  • Nunavut
  • Quebec
  • Northwest Territories
  • Yukon

Company Formations provides fast and easy Company Registration in Canada for non-Canadians residents and provides all the documents your new Canada corporation will need to stay up-to-date and in compliance with your province of registration corporations law.

Incorporation Fees:

$2200 (All Inclusive)

Our Canada Incorporation Service includes:

  • Name Search Report
  • Preparation of Articles of Incorporation and Incorporation Documents
  • Incorporation Agreement
  • By-Laws, Company Minute Book, Share Certificates
  • Canada Registered Agent Service for 1 year
  • Government Fees
  • Our Service Fees
  • Original Certificates
  • Copy of Documents in PDF
  • Taxes

Request More Information

For more information about our Canada Corporations for non-Canadians, please contact us using the form below:

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