Benefits of incorporating
Incorporating your business creates a new legal entity, called a corporation.
Simple, fast and affordable.
Incorporate online for $200 and get your certificate within one business day.
Why federal incorporation?
Operate under one unique name right across Canada
This is important if you expand your business to multiple provinces or territories and want to use the same name.
Federal corporations are recognized around the world ‒ an important consideration if you plan to expand outside Canada.
Your official business address can be anywhere in Canada, and you can hold annual meetings digitally and anywhere in the world.
Benefits of incorporating provincially and federally
Easier access to capital
Corporations can borrow money at lower rates. They can also raise money by selling shares or bonds to investors (called shareholders).
Lower tax rates
Corporations are taxed separately from their owners. Corporate tax rates are generally lower than personal income tax rates.
Shareholders are not responsible for a corporation's debts. If your corporation goes bankrupt, your shareholders only lose up to what they invested.
Separate legal entity
Corporations have the same rights as a real person, including owning property, getting loans, and entering into contracts.
Corporations live on until they wind up, amalgamate, or give up their charter (for example, when they go bankrupt). With other business structures, a business stops existing when the owner dies.
How to incorporate a business
Naming a corporation
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