Congratulations on deciding to incorporate your business in Ontario! Incorporation offers numerous benefits, including limited liability and enhanced credibility. However, navigating the process can seem daunting. This comprehensive checklist will guide you through each step: Pre-Incorporation: 1. Business Name Selection and Availability Check: Choose a unique and available name for your corporation. Conduct a NUANS […]
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 […]
Incorporating a new Company In Ontario Checklist
If you are thinking of incorporating a new business in British Columbia, the following checklist may help you. Please note that not all steps will be necessary for every corporation, and there may be some steps that are necessary for your corporation that are not included. Decide to Incorporate File Articles of Incorporation Adopt Corporate […]
About Incorporation in Ontario
Corporations are incorporated provincially in Ontario, according to the provisions of the Ontario Business Corporation Act with the Ontario Companies and Personal Property Security Branch. 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 […]
General funding and incentives for growing Ontario businesses
Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a […]
Ontario Incorporation Frequently Asked Questions
Incorporation of an Ontario Corporation Ontario Articles of Incorporation Director’s consent for Ontario Corporations Certificate of incorporation for Ontario Corporations Assignment of number to Ontario Corporations Name prohibition for Ontario Corporations Restrictions on corporate name for Ontario Corporations Registered office for Ontario Corporations Corporate powers of Ontario Corporation Capacity to act outside Ontario for Ontario […]
Amendments to Articles of Incorporation of Ontario Corporations
Subject to sections 170 and 171 of the Ontario Business Corporation Act, a corporation may from time to time amend its articles to add, change or remove any provision that is permitted by this Act to be, or that is, set out in its articles, including without limiting the generality of the foregoing, to, (a) […]
Records, duties of Ontario corporations
A corporation shall prepare and maintain, at its registered office or at such other place in Ontario designated by the directors, (a) the articles and the by-laws and all amendments thereto, and a copy of any unanimous shareholder agreement known to the directors; (b) minutes of meetings and resolutions of shareholders; (c) a register of […]
Residency of Directors in Ontario Corporations
At least 25 percent of the directors of an Ontario corporation other than a non-resident corporation shall be resident Canadians, but where a corporation has less than four directors, at least one director shall be a resident Canadian. Ontario Online Incorporation Service in 2 Hours for Only $99 Ontario Incorporation in 2 Hours. New low […]
Qualification of directors in Ontario Corporations
The following persons are disqualified from being a director of a corporation: 1. A person who is less than eighteen years of age. 2. A person who has been found under the Substitute Decisions Act, 1992 or under the Mental Health Act to be incapable of managing property or who has been found to be […]