Incorporating A Business In Canada
With the services of IncorpDirect, Inc., incorporating a business in Canada can be far easier than most people think. From incorporating a business and registering your company name to the sale of shelf corporations, we offer a comprehensive list of products and services designed to help businesses get on their feet. In fact, our goal is to provide new entrepreneurs with a "one-stop-shop" where they can find all of the information and guidance needed to steer their company in the right direction. There are numerous reasons for incorporating a small business in Canada. Although a sole proprietorship or partnership may seem like less of a hassle, corporations provide a number of protections and advantages that shouldn't be overlooked. The most important of these is limited liability. This simply means that as opposed to a sole proprietorship, where the owner is liable for all of the company's debts, shareholders in a corporation are only liable for the amount they invested into the company. In addition to limited liability, incorporating in Canada offers companies more financing opportunities. Not only can a corporation sell shares but it usually receives far more sympathetic treatment from lending institutions. Finally, corporations have the capacity to own property and enter into legal contracts. Once again, this limits the investors' liability and provides additional financial and legal protection. When it comes to incorporating in Canada, companies need to choose the jurisdiction they will do it in. At IncorpDirect, we can help entrepreneurs set up federally anywhere in Canada or provincially in Ontario, Quebec, Alberta or BC. Federal incorporation is traditionally more expensive but offers more extensive protections, especially if the company is planning to do business nationwide. We urge you to visit our website for more information on the benefits offered by either approaches.
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