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 | Ontario Corporations
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 […]
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 […]
Ontario Incorporation Procedure
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 […]
Ontario Incorporation Forms
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. […]
How to Register a New Corporation in Ontario
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 […]