- Incorporation creates a new legal entity.
- The main advantages of incorporation are usually limited personal liability and the potential tax advantages.
- A company can be incorporated either federally or provincially.
- The owners of the corporation are its shareholders. There need be only one.
- A majority of Directors and Officers of the corporation must be ‘resident Canadians’. There need be only one.
- The applicant, not the government, must ensure that the Corporate Name is registrable, and is not confusing with the name of any similar business or trademark.
- Government approval of your incorporation does not protect your corporate name.
We have incorporated hundreds of Ontario businesses online since 2001. Our process and costs are streamlined for small business. For more information, follow this link to our site for Ontario Incorporations