Ontario Business Central
Toronto
Kitchener
ON, Canada
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Ontario Incorporation

- Filing Articles of Incorporation in Ontario -

Ontario incorporation is quick and cost effective at Ontario Business Central by selecting one of our custom packages. The information below should answer any questions you may have about the benefits of incorporating a small business in Ontario.

Numbered Company	Numbered Company w/Corporate Supplies	Named Company	Named Company w/Corporate Supplies
$89.99* * plus fees - see below	$89.99* * plus fees - see below	$99.99* * plus fees - see below	$99.99* * plus fees - see below
Incorporate Online Package 1: Electronically filed Articles of Incorporation Corporate structure included Same Day Complete! Fee Schedule: Our Incorporation Fee: $89.99 Government Fees: $353.50 Shipping & Handling: $29.95 HST: $11.70 Order Total: $485.14	Incorporate Online Package 2: Electronically filed Articles of Incorporation Corporate structure included Corporate Supplies Package Burgundy Minute Book Complete Minute Book Register By-laws Share Certificates Brass Plate (identifier of corporate name for Minute Book) Markmaker Seal Same Day Complete! Fee Schedule: Our Incorporation Fee: $89.99 Government Fees: $353.50 Corporate Supplies: $120.00 Shipping & Handling: $29.95 HST: $31.92 Order Total: $625.36	Incorporate Online Package 3: Provide up to four preliminaries on corporation names of your choice. Electronically filed Articles of Incorporation Corporate structure included Filing of Articles NUANS Name Search Same Day Complete! Fee Schedule: Our Incorporation Fee: $99.99 NUANS Fee: $39.99 Government Fees: $353.50 Shipping & Handling: $29.95 HST: $22.09 Order Total: $545.52	Incorporate Online Package 4: Electronically filed Articles of Incorporation Corporate structure included Provide up to four preliminaries on corporation names of your choice. Burgundy Minute Book Corporate Supplies Package Burgundy Minute Book Complete Minute Book Register By-laws Share Certificates Brass Plate (identifier of corporate name for Minute Book) Markmaker Seal NUANS Name Search Same Day Complete! Fee Schedule: Our Incorporation Fee: $99.99 NUANS Fee: $39.99 Government Fees: $353.50 Corporate Supplies: $120.00 Shipping & Handling: $29.95 HST: $37.69 Order Total: $681.12

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Incorporating a Small Business in Ontario

Many people prefer to register their business as a corporation. Advantages of incorporating are as follows:

• Incorporating a company has several advantages, the first being that the corporation has it's own identity separate from the people who are involved in the business. Because of this the corporation may be able to obtain its own investments or credit.
• Since the Corporation has its own identity it is not affected if shareholders of the corporation change or remove themselves as long as one director remains. That is also beneficial for estate planning as the corporation continues to exist after the shareholders die
• The shareholders of the corporation are not liable for default, obligation or liability that the corporation has incurred unless the shareholders give personal guarantees.
• There may be tax advantages to incorporation. A corporation in most cases has lower tax levels than any individual tax bracket.
• The name that you choose for your corporation becomes protected upon completion of the Articles of Incorporation. If someone after you've incorporated decides to use the same name the name will be refused.
• Now with an Ontario Incorporation only 25% of the directors are required to be Canadian Citizens.

Disadvantages to company incorporation are as follows:

• Since a corporation has its own identity, it also has to file its own tax returns. The individual shareholder must file their personal tax return along with a secondary tax return for the corporation.
• Having a corporation means more paperwork in most cases. Not only are you required to maintain personal records for yourself as a shareholder, but also maintain the records for the corporation.
• The initial costs for a corporation is higher than other options available for businesses which is approximately $600.00.

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