Corporations: Incorporation inspires confidence

Transcript: Corporations: Incorporation inspires confidence

(Our host is looking at a tablet computer and turns toward the camera.)

Hi, I'm Kate. I work for Industry Canada. Here at Industry, we support Canadian businesses and consumers in many ways like incorporation.

(Text on screen: Considering federal incorporation? It can pay off.)

So, if you are thinking about incorporating a business or a not-for-profit organization, you've come to the right place.

(An animated spinning globe appears as our host speaks.)

Corporations Canada, part of Industry Canada, oversees federal incorporation to make sure the system runs smoothly, fairly and according to the law.

In Canada, businesses have a choice — they can incorporate in any province or territory, or they can incorporate at the federal level.

(The spinning globe stops and a map of Canada with provincial and territorial capitals highlighted is displayed.)

Federally incorporated companies can use the same corporate name to carry on business across Canada.

(An illustration of a small store front appears and the store grows into a larger building.)

Incorporation offers many benefits. For example, an incorporated company can take more business risks, which leads to innovation.

Incorporating can also help a business financially — through decreased taxes and a greater ability to raise capital. Each year, more than 27,000 Canadian businesses, non-profit organizations and cooperatives incorporate at the federal level.

(A graphic of the number 27,000 is drawn next to the host.)

(A screen shot of our website appears. The "Forms and e-Services" tab is highlighted.)

(Text on screen: Incorporate)

If you choose to incorporate, you'll find everything you need to get started today, including forms and convenient on-line filing options. You can even choose the right name.

(A new web page appears. The "Find a corporation" section is featured.)

(Text on screen: Find a Canadian corporation)

Just looking for a corporation? You can easily access complete and up-to-date records on current and past Canadian corporations.

Helping build a confident marketplace through incorporation: it's part of what we do for you.

(Industry Canada signature and Canada wordmark)

(End of transcript)

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