What Are The Steps For Creating An Incorporated Business In Ontario?

ByLaura Harvey
Creating An Incorporated Business In Ontario

An incorporated business is its own legal entity, meaning that it is separate from its shareholders. There are many advantages of incorporated businesses, including decreased personal risk and liabilities, access to government grants, tax advantages and the ability to obtain the funds in order to further grow your company. An incorporated business also offer the opportunity to provide shares of the corporation to its employees. A name search (A NUANS report is mandatory when completed a named incorporation. Here are the steps to create an incorporated business in Ontario:

What are the Steps for Creating an Incorporated Business in Ontario?

  1. Prepare the Following Information: The name and address of your business (every corporation must have an Ontario registered address), a NUANS report that is under 90 days old, a description of your business (i.e. its activity), the name and address of every director and the citizenship of the individual directors. Keep in mind that one individual can hold the title of both director and shareholder as long as this individual is either a Canadian citizen or Permanent Resident.
  2. Complete ‘Articles of Incorporation’ Application. After this application has been approved, you will be sent the official ‘Articles of Incorporation,’ a legal document that provides confirmation that your business has been incorporated by the Ontario government. You will also receive an Official Registration Certificate and completed Articles of Incorporation from the Ontario government.
  3. File Initial Return. This is a mandatory document that must be completed within 60 days after your business is incorporated. The Initial Notice provides the officer positions such as President, Secretary and Treasurer.
  4. Apply for Tax Accounts. When the incorporation has been completed, you may apply for HST, payroll, import and export and WSIB accounts if applicable.

How Ontario Business Central Can Help Incorporate Your Business Within three hours, Ontario Business Central can incorporate your business for you. Simply fill out the application online depending on whether you are incorporating a numbered Ontario company or named Ontario company. The application form takes less than 5 minutes to complete. We will take care of the rest for you, making the process easy, quick and hassle-free.

Numbered Ontario Company Application

Named Ontario Company Application

Our team of professionals is available to provide both email and telephone support during any point of your application.

Laura Harvey
Laura Harvey

Laura Harvey stands as a beacon of entrepreneurial support and expertise, embodying the spirit and drive of the community she serves. As the proud owner of Ontario Business Central Inc., Laura's journey is one of dedication, passion, and an unwavering commitment to nurturing the entrepreneurial landscape in Canada.

With over three decades of experience as a corporate specialist coupled with over 25 years of entrepreneurial ventures, Laura brings a wealth of knowledge and insight to her role. Her expertise is not just theoretical; it's built on the real-life challenges and triumphs of navigating the business world. This unique blend of professional and personal experience positions Laura as a relatable and trusted guide for those embarking on their entrepreneurial journey.

Beyond her role at Ontario Business Central, Laura has extended her outreach through the innovative YouTube series "Taking the Leap." This platform allows her to connect with new business owners, offering them a stage to share their stories and insights. "Taking the Leap" is more than just a series; it's a community where aspiring entrepreneurs can find inspiration, learn from the experiences of others, and gain practical advice on crucial corporate tasks like registering a business, updating business information, understanding tax account intricacies, and much more.

Laura's contributions extend into the digital world through her in-depth blogs for Ontario Business Central. Here, she delves into topics essential for entrepreneurs and business owners looking to start, manage, and grow their ventures. Her writing is a reflection of her passion for supporting entrepreneurial advancement and a testament to her deep understanding of the corporate sphere.

Laura Harvey is not just an entrepreneur; she's a mentor, guide, and fellow traveler on the path of business ownership. She embodies the ethos of "walking the walk," providing both the tools and the encouragement for others to thrive in their entrepreneurial endeavors. Whether through her written words, her YouTube series, or her hands-on approach at Ontario Business Central Inc., Laura is dedicated to uplifting and assisting new and established business owners alike.

You can follow her on social media channels and professional profiles:

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