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Incorporating A Business in Canada - Corporation Canada

Everything You Need To Know About Incorporating A Business Within Canada. Starting a business has never been easier! https://www.ontariobusinesscentral.ca... In this video, we discuss the misconception that only big businesses need to incorporate. Many new business owners incorporate to obtain the vast benefits associated with incorporation versus registration. We discuss the major differences between registering and incorporating a business, the pros of incorporating a business such as liability protection, name protection for the corporate name and tax savings, as well as the flexibility of making changes to the corporation such as changing your business or personal addresses, director changes, name changes for the business and share structure changes. Incorporation has a one time fee requirement and never requires renewal, the ability to access credit and the simple ability to sell or transfer your corporation to another person or persons. We also highlight the cons of incorporation including the higher fees to incorporate over registration, the single tax filing available with registration and the ability to start and cancel a registration quickly and easily. Additionally, we provide the requirements for incorporation where in most jurisdictions 25% of the directors are required to be either Canadian Citizens or Permanent Residents with the exception of British Columbia where non residents and non Canadians can incorporate on their own. Ontario Business Central Inc. has assisted entrepreneurs to incorporate and register their businesses for over 25 years. We also offer a wide range of services to change details of either your registered or incorporated business, cancel or dissolve and to search an existing business. This is one of several videos in a series to help you start your business. Our other videos you may find helpful include: Where to Incorporate    • WHERE TO INCORPORATE?   How to Incorporate a Federal Incorporation    • Incorporate a Canada/Federal Incorpor...   Sole Proprietorship Business in Canada    • Sole Proprietorship in Canada | Small...   Check out our full list of video by going to our channel:    / @ontariobusinesscentral   We offer a number of blogs related to launching a business and here is a listing of commonly asked questions by people just like you: What are the differences between a Federal and Ontario Incorporation https://www.ontariobusinesscentral.ca... What is required to incorporate in Canada https://www.ontariobusinesscentral.ca... Incorporation and taxation https://www.ontariobusinesscentral.ca... Check out any number of blogs to assist you in launching your business. Each category provides different relatable information for you and your business from starting a business to adding secondary business names to changing the name of your business, adding a partner, how to create a podcast, taxation, support and so much more https://www.ontariobusinesscentral.ca... The information provided in this video is specifically designed for assisting those who are looking for general incorporation details and in no way shall be considered as legal or accounting advice. Ontario Business Central is an online portal allowing those individuals who wish to complete a service with us by “doing it yourself”. If you require legal or accounting expertise prior to completing a service with us, we highly recommend in doing so. Incorporate Today: https://www.ontariobusinesscentral.ca... For more great videos like this one, don’t forget to hit the subscribe and notifications button! Have questions? [email protected] Toll-Free: 1-800-280-1913 Local: 1-416-599-9009 Office Hours: 9:00am - 5:00pm Monday - Friday E.S.T. Let’s stay connected! Like/follow us for updates, blogs, info for startups and so much more across our socials! Follow us on Facebook:   / ontariobusinesscentral   Find us on Twitter:   / ontbuscen   Peep us on Instagram:   / ontariobusinesscentral   Connect with us on Linkedin:   / ontariobusinesscentral   Pin us on Pinterest: https://www.pinterest.ca/ontariobusin...

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