When starting a new business in Ontario, it’s essential to select the business structure that best supports your goals. Business structures are chosen for the most part to comply with tax law, which treats each type of structure differently. There are three types of legal structures for a business: Sole proprietorship, partnership (which is a […]
Tag Archives | Doing Business in Ontario
Administrative requirements of Ontario Corporations
Your Ontario corporation must file certain documents with the Ontario Corporate Registries Office, including: articles of incorporation annual returns notices of any changes in the board of directors notices of any changes in the address of the registered office articles of amendment if changes to the structure of the corporation are made. Your Ontario Corporation […]
Ontario Corporations 101
Most people have heard that registering a new Ontario corporation provides “limited liability” — that is, it limits your personal liability for business debts. What you may not know is that there’s more to creating and running a corporation than filing a few papers. You’ll need to keep good records to handle the more complicated […]
Starting a Business in Ontario: Choose a business structure
Now that you have decided to start your own business in Ontario, you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are four main types of […]
Ontario Incorporation FAQ: Should I Incorporate?
A corporation in Ontario is a legal “person,” which can be created under provincial business corporation act. As a person, a corporation has certain rights and obligations such as the right to do business and the obligation to pay taxes. Sometimes one hears of a law referring to “natural persons.”That is to differentiate them from […]
Starting Your Business in Ontario Checklist
Where do I start? tasks to be undertaken resources Evaluate your idea Is your idea feasible? Can you make money from this venture? Market Research Test the viability of your idea by researching the market, industry, and competition Develop A Business Strategy This is an essential step and critical for the planning and success of […]
How to Register a Business Name in Ontario
When to register a business name in Ontario You must register a business name in Ontario if: it’s different than the registrant’s own full name if the registrant is an individual your business is a corporation operating under a name other than its corporate name your business is a partnership carrying on business under a […]
Ontario Incorporation Procedure
By ecompanies on February 19, 2019 in Doing Business in Ontario, Doing Business in Quebec, Ontario Incorporation, Ontario Startup
Incorporation may be effected rapidly and inexpensively. Often the most pressing initial matter is to choose a corporate name that is not confusingly similar to an existing corporate name or trademark. incorporation is achieved by the filing of Articles of incorporation. Articles of incorporation for federal and Ontario corporations do not require a statement of […]