Incorporate In Ontario
Canadian businesses have the option to either incorporate federally or provincially. If you plan on doing business in multiple provinces, going the federal route may be more advantageous. If, on the other hand, your company primarily does its business within one province, such as Ontario for example, incorporating provincially can simplify the process, while also making it less expensive. If you are looking to incorporate in Ontario, the experts at IncorpDirect can help. Our professionals have numerous years of experience in the legal, financial and banking services. We specialize in every aspect of the incorporation process and work tirelessly to offer affordable services designed to simplify the incorporation process. As with almost all the other provinces in Canada, companies in Ontario are required to perform a NUANS name search. This allows them to ensure that the company name they have chosen has not already been taken. The business name must be in English, French or both. Once the business name is approved, the accompanying NUANS report needs to be sent to the government with all other registration materials. As with any other province, Ontario requires companies to declare a director, officers and provide articles of incorporation. In Ontario, the law requires 51 percent of the directors to be Canadian residents--twice as much as federally registered corporations, which only require 25 percent. Such details are imperative for the proper setup of an Ontario corporation and are part of the many services IncorpDirect can help ensure your company will get it right.
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