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There are two options to starting a business in Canada: registering a business licence or incorporating. To decide if incorporating is right for you, consider how important name protection is for your business, how much liability risk is involved in its operation, what your business and personal revenue stream will look like, and whether you're seeking financing or investors.

Incorporating a business can generally be done without the assistance of a lawyer, especially if it's a simple incorporation. This typically involves filing the appropriate documents with the federal government or province where the business will be incorporated, paying the necessary fees, and obtaining the necessary permits and licenses. There are also many online resources and services available that can guide you through the process including Ontario Business Central to help you file the necessary paperwork.

It is important to keep in mind that incorporating a business can involve complex legal issues, such as tax implications, liability protection, and compliance with various regulations. If you're unsure about any aspect of the incorporation process or if you anticipate any legal issues, it's advisable to seek the advice of a lawyer who specializes in business law to help ensure that you properly meet all the requirements and to help you navigate any legal issues that may arise.

There is no difference between the legal endings — you simply use whichever you prefer most. In most jurisdictions in Canada the standard options are: INC., Incorporated, Ltd., Limited, Corp., and Corporation.

You have two options when you are incorporating a new business. You can incorporate in the Province or Territory where the business is going to operate (have a physical location) or you can file a Federal Incorporation. Note that a Federal corporation must also be registered in any province or territory where it maintains a physical business address.

A NUANS report is a name reservation report required when incorporating or changing the name of an existing Corporation. This report is valid for 90 days. This report must be ordered for the jurisdiction to which the corporation will be in. Ex: Ontario Corporation requires an Ontario NUANS.

A director is typically a person who manages the corporation. Typically, they make the business decisions on behalf of the corporation. Any director must be at least 18 years of age.