Can our extra-provincial corporation operate under its current corporate/business name in Ontario? Yes, unless that corporate and/or business name is already used by a corporation carrying on a similar business in Ontario and using your corporate or business name would be “likely to deceive”.
Can an Alberta corporation do business in another province?
Does My Business License Count in Canada? Doing Business in Other Provinces. If you choose federal incorporation for your business or nonprofit corporation, you can open a registered office location anywhere in Canada, and operate in more than one province or territory without changing your corporate name.
Can I incorporate in another province?
By registering your business at a provincial level, you may only conduct business within that province and your office must be located there. This does not prohibit you from doing business with companies from other provinces.
How do I register an Alberta corporation in Ontario?
The corporation may complete a registration for an operating or style name at a ServiceOntario workstation; via the Internet at the ServiceOntario website; through private-sector Service Providers under contract with the Ministry of Government and Consumer Services or through the Canada Revenue Agency’s Business …
Can a non resident incorporate a company in Ontario?
The guidance of an experienced Canadian immigration lawyer can be very helpful if you are planning to incorporate a company in Canada as a non-resident. … Ontario requires that 25% of directors must be Canadian in order to incorporate. In British Columbia.
Can an Ontario corporation do business in another province?
In general, an Ontario corporation is entitled to carry on business in Ontario under its corporate name. An Ontario corporation doing business in another province generally requires an extra-provincial licence, as registration of your corporation is mandatory in the province where you do business.
What is the difference between federal and provincial corporation?
The main difference between federal and provincial incorporation is that federal incorporation gives your business increased business name protection and wider rights to carry on business throughout the entire country. … This is not the case with provincial incorporation.
What is the best province to incorporate in Canada?
3 Easiest Provinces to Start a Business in Canada
- 1 – Northwest Territories. As the name implies, this territory is located in the northwest of Canada, directly above Alberta, Saskatchewan and British Columbia. …
- 2 – Saskatchewan. Saskatchewan is another great province to start a business in Canada. …
- 3 – British Columbia.
Is it better to incorporate provincially or federally?
One of the benefits of incorporating provincially is that your company will not have to pay annual fees. On the other hand, provincial incorporation does tend to be more expensive overall than federal incorporation. There are certain types of business that are required to incorporate provincially rather than federally.
How much does it cost to incorporate in Ontario?
Ontario corporations have a government incorporation fee of $360. Named corporations also require an additional search report at a cost of $30.
Do I need to register my corporation in Ontario?
In Ontario, you are required to register your business name within 60 days of opening your business. You are exempt from this requirement if you use your own name for the business. If you add another word, for example, Your Name Consultants, you must then register the name.
How do I get an Ontario corporation number?
For corporations that are filed manually, the corporate number is located in the top right hand corner of the first page of Articles of Incorporation. For corporations that are filed electronically, the corporation number is located near the middle of the page, under the corporation name.
Is the Ontario corporation number the same as the business number?
The BN for a corporation is different from the corporation’s corporation number. The BN is composed of a 9-digit registration number that identifies the business and a 6-character account identifier. … By contrast, the 7-digit corporation number is assigned to the corporation by Corporations Canada.
Can I open a business in Canada as a non resident?
If you’re not a Canadian citizen or landed immigrant, you can still form a business in Canada, but your options are more limited: You can form a partnership with a Canadian living in Canada. You can then use their address for starting your business in Canada. You can start an incorporated business.
Can I start a business without registering it Canada?
Not All Businesses Need to Be Registered
If you start a sole proprietorship in Canada and use only your legal name as the name of your business, you don’t need to register your business with your province. … In those locations, no sole proprietorships or partnerships need to register their business names.
What is the most profitable business in Canada?
5 Most Profitable Small Business Opportunities in Canada
- Real Estate. Another corollary of a flourishing economy arises from people buying and renting houses, condos, and office space. …
- Transportation and Storage. …
- Waste Management and Remediation. …
- Professional Financial Services. …
- Fitness and Recreational Sports Centres.