Your company wants to:
● Do business under a particular name or number across all Canadian provinces or territories.
Best option for companies that:
● Plan to expand their market and grow a widely recognized brand nationwide.
Core Advantages:
● Lower-priced government fee
● Canada-wide protection
● National and international growth opportunities
Your company wants to:
● Do business under a particular name or number in your Canadian province or territory of residence only.
Best option for companies that:
● Prefer to stay local, rather than scaling operations nationwide.
Core Advantages:
● Avoid the annual fee associated with federal filing.
Corporations can sell company shares to build equity and increase funding, making your business more profitable long term.
Incorporated businesses often qualify for significant tax benefits, deductions and options to defer payments ahead of beneficial tax amendments.
Incorporating your company is an effective way to improve your credibility within the Canadian marketplace and increase local brand recognition.
Corporations are considered separate entities from their owners and stakeholders — so your personal finances and assets won’t be held liable should your business run into trouble.
Once a business is incorporated, it lives on forever. Corporations continue to exist even after the owner passes on, sells the business or transfers ownership.