It’s actually quite incredible how the way you start the day can dramatically impact how the rest of your day plays out. If your morning ritual regularly has you leaving your house in a frantic rush, you may find that you never seem to be able to get the rest of the day on track….
Creating a corporation in Canada has a number of benefits over small business registration. A corporation is considered to be a separate legal entity from the owners. This means they would have a lower corporate tax rate, name protection, separate income tax filings and limited personal liability. There is no limitation to the size of…
You can complete either a profit or not for profit incorporation with the Federal government. With a profit business, the business name can either be a numbered or named corporation. The Federal corporate number will be assigned as part of the incorporation process With a not for profit business, only a named business is acceptable….
When you’re starting out your new corporation, you’ll want to keep things organized and have all your information easily accessible. Obtaining a corporate supplies package can help you establish and maintain your organization right from the start. Ontario Business Central offers you the option of including a comprehensive corporate supplies package with your order when…
Why Incorporation? If you are currently registered as a Sole Proprietorship or a General Partnership in Ontario to facilitate the operation of your professional practice, it may be time to look at incorporating your business for the vast opportunities incorporation has to offer. Sole Proprietorship Considerations A Sole Proprietorship may be able to transfer any and…
When you originally incorporated your business, you provided the name of the corporation, corporate address, directors names and addresses, officers names and addresses along with the officer positions held such as President or Secretary. Over time, when growing and developing your business any of these details can change and require updating with the Province of…
Do something you loveIt is so important to become an entrepreneur at something you love and feel passionate about. Just think back to the days when you were in school. What subject did you have the most interest in, you naturally excelled, and what subjects did you have little interest in, where you typically had…
When assessing incorporating in Canada, you have two options. One is to incorporate within the Province or Territory the business will operate within and the other option is to incorporate a Canada or Federal Incorporation. Incorporating a Canada or Federal Incorporation No matter which Province or Territory your business will operate within, there is the…
In Ontario, you have two ways to incorporate a business. You can either manually prepare and file Articles of Incorporation or you can use a third party portal to incorporate the business online or electronically. Manually Filing Your Incorporation (no longer available as of Oct 19, 2021) The Province of Ontario is removing the ability…
