Sole proprietorships are registered in Ontario by filling the Registration Form 2 with the Ontario Ministry of Government Services, Central Production, and Verification Services Branch. Step 1: Choose a business name Although there are few restrictions on a business name, you should choose your name carefully. Business names: don’t have to be unique; duplicate business […]
Structuring & Registering Your Business in Ontario
An important decision that needs to be made at the outset is the choice of legal structure for your business. There are numerous factors that will need to be considered to make the correct decision for your particular business. The most important consideration is that the corporate form will limit your liability for business […]
Creating and operating a business corporation in Ontario
Is incorporation right for you? Whether you should operate your business as a corporation, partnership, sole proprietorship or co-operative depends on your particular situation and your particular needs. Benefits of incorporating a new company in Ontario Incorporating a new company in Ontario, Canada offers many benefits to your company, including: creation of a separate legal […]
Retaining the Corporate Status of Your Ontario Corporation
In order to retain the limited liability that your Ontario corporation offers, you must follow certain corporate formalities involving decision making and the proper record keeping of your Ontario Corporation records. In short, you’ve got to be organized. Retaining Corporate Status Ontario Corporations and their owners must observe certain formalities to retain the corporation’s status […]
Ontario Extra Provincial Registration Supporting Documents
Ontario Extra-Provincial Registration Support Documents Canadian and foreign companies interested in registering and operating in the province of Ontario can do so by registering extra-provincially in the province. The Extra provincial registration process is done by filing an Application for Extra-Provincial Licence with the Ontario Ministry of Government Services. This application must be accompanied by […]
About Incorporation in Ontario
Corporations are incorporated provincially in Ontario, according to the provisions of the Ontario Business Corporation Act with the Ontario Registries Office “Ontario Registries”. Company Formations Canada provides fast and easy Ontario Incorporation Service and provides all the documents your new Ontario corporation will need to stay up-to-date and in compliance with the Ontario Business Corporation […]
Ontario Aerospace Industry
Why do so many aerospace companies do business in Ontario? Here you’ll find: Over half of the top 25 firms Over 200 companies supplying components to all major aerospace programs globally 21,000 skilled workers $6 billion in annual sales with nearly 80% in exports to customers and project partners around the world. A strategic location […]
Ontario Artificial Industry
We ‘ve been developing machine learning and AI for over 30 years. Deeplearning(modernAI) was pioneered in Ontario. It’s where Geoffrey Hinton, the god father of AI, first posed” neuralnets.” And with our deep pool of highly skilled talent, we nowhave over300firmsexploringandcommercializingAIinthe province. Ontario Is Open for Business.
Ontario Automotive Industry
. Today , more than 170 companies in Ontario are teaching cars to think. The future of intelligent transportation is being built in Ontario today . Between Detroit and Ottawa lies a 500-mile corridor with expertise in connected and autonomous vehicle technology , artiÖcial intelligence, connectivity , cybersecurity , and quantum computing. Today , more […]
Ontario Banking
Welcome to Canada’s financial services capital Ontario is Canada’s national financial centre, with some 12,000 financial services firms offering a broad spectrum of services, from retail banking and lending to wealth management and payment processing. Banks represent the largest portion of Ontario’s financial services segment, accounting for almost half of the sector’s total GDP . […]