An Ontario Limited partnership consists of two or more legal entities pooling their resources to operate a shared business. The “legal entities” that form the partnership may be individuals, corporations, trusts or partnerships. The resources each partner contributes to the new business partnership don’t have to be in the form of money. A partner’s contribution […]
Archive | Doing Business in Ontario
6 Essential Facts on Ontario Limited Partnerships
An Ontario Limited Partnership is formed through filing Declaration – Form 3 declaration of Ontario Limited Partnership with the Ontario Ministry of Government and Consumer Services and, the following is an outline of the information to be disclosed: Name and address of the LP; Name and address of General Partner and General Partner’s signature; Statement […]
Tax Treatment of Ontario Limited Partnerships
Ontario Limited Partnerships are considered a disregarded or ‘flow-through’ entity for Canadian tax purposes meaning that all profits/losses pass directly through and are attributed to the partners directly. Where the Limited Partnership is engaged in a trade or business outside of Canada, and the partners are non-Canadian residents, at the LP level, there will be […]
Starting Your Business in Ontario Checklist
Starting a new business in Ontario. Here are some of the most important tasks to be undertaken We offer fast & easy Ontario incorporation and Ontario business name registration service. At Ecompanies Canada we help you step-by-step and take care of the entire business registration process from start to finish. Incorporating a new business in […]
Ontario incorporation annual return
Ontario incorporation annual return. Keep your Ontario corporation active and in good standing by filing your annual return. The Ontario Annual Return is not your tax return. This is your corporate Annual Return which provides up-to-date information about your Ontario corporation. This information is then made available to the public through the Ontario corporate registries website. […]
Registering a new Sole Proprietorship in Ontario
An Ontario sole proprietorship is a business owned and operated by one individual. It is the simplest business structure in Ontario. The sole proprietor is the sole owner of the business and all its assets and the business has no legal existence separate and apart from the owner. A sole proprietorship may operate: Under your […]
Ontario Incorporation Forms
By ecompanies on January 13, 2019 in Doing Business in Ontario, Ontario Corporate Registry, Ontario Incorporation
Ontario Incorporation Forms. Incorporating provincially in Ontario, Canada. The act of incorporating in Ontario creates a new legal entity called a corporation, commonly referred to as a “company.” An Ontario corporation has the same rights and obligations under Canadian and Provincial laws as a natural person. Ecompanies offers fast & easy Ontario online incorporation service. […]
Maintaining Your Ontario Corporate Records
Maintaining your Ontario corporate records. Your Ontario corporation must keep certain corporate records at its registered office (or at some other location in Canada, as set out by the directors). On request, a corporation’s shareholders and creditors can access the following records: articles of amendment, including amended articles of incorporation or restated articles of incorporation […]
How to Register a New Corporation in Ontario
By ecompanies on January 5, 2019 in Doing Business in Ontario, Ontario Corporate Registry, Ontario Incorporation
An Ontario corporation is a statutory creature, created and regulated by provincial law (Ontario Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Ontario Business Corporation Act. What sets the corporation apart, in a theoretical […]