We are happy to help you Incorporate; but first lets find out what incorporation really means.
How to incorporate your business in Canada?
Step 1 - Select corporate jurisdiction
Decide whether you’re going to incorporate federally or provincially.
All businesses in Canada have the option to incorporate federally or provincially. Federal incorporation lets you do business under the same name in all provinces and territories, but it's more expensive and a little more work to setup and maintain.
Provincial incorporation is likely sufficient for most eCommerce business owners operating out of Canada.
- Federal Incorporation: You can incorporate your business federally by filing online (for $200) or by mail, fax or in person (for $250). If you're ready to incorporate, you can apply online.
- Provincial Incorporation: You can incorporate your business with most provinces and territories online. Not surprisingly each has a different process (about $360).
Step 2 - Name your business
Selecting a corporate name can be the most difficult part of incorporating a company. Once you’ve zeroed in on a name, you should get it searched and reserved - NUANS.
Helpful tip - Search for domain availablity before submitting your NUANs search to ensure you digital presence for your brand (as required).
Step 3 - Apply for incorporation
Articles of Incorporation and supporting documents, including the name search and filing fee must be filed with the appropriate government agency before the corporation is created.
Note that there are many online service that can assist you with the incorporation process. Here are few we found online. Research and select the one that best meets your needs.
Step 4 - Register for GST/HST
If your business is projected to earn $30,000 or more in total revenue per year, you need to register for a GST/HST account.