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Register a Company or Corporation in Ontario, Canada

Full Scope

Steps to company formation - Canada (Ontario)

 
Complete our application form - Canada (Ontario)
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Banking Options

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Canada (Ontario) Company Formation

Good to Know
Welcome to the Ontario Limited Company, a distinguished entity to kickstart your business and establish your regional headquarters in Canada. Benefit from a substantial tax regime for new investments, tax holidays tailored to foreign investors and entrepreneurs, and seamless access to the North American market.
  • More information
    Learn more about our efficient business registration process in Ontario, which aligns with other Canadian provinces. The registration procedure depends on the chosen business structure, with four options available:
    • Sole proprietorships
    • Partnerships
    • Corporation
    • Co-operative

    At SFM, our specialization lies in registering businesses as Corporations. Rest assured, all registered enterprises are automatically included in the "Registraire des Entreprises" registry, confirming their public presence.

    As a fully licensed entity, we excel in facilitating business registration in Ontario. Our extensive range of ancillary services includes bank account opening, provision of professional directors, and more. Additionally, we offer comprehensive corporate services, ensuring compliance with state legislation and maintaining your company's legal standing. Our support extends to providing a registered address for official purposes, facilitating amendments to your company's name, and handling appointments or removals of company officers.

    When you choose SFM, expect swift and confidential services that cater to your unique needs, such as transferring a business from another agency or acquiring essential company documents like the Certificate of Good Standing or Certificate of Incumbency. We are committed to your success and are here to assist every step of the way.

    Start today and register your business in Ontario, Canada with SFM .

Characteristics Of Canadian Company

Company type
Limited Company
Governing corporate legislation
Canadian companies are regulated under the federal business law in Canada which is the Canada Business Corporations Act (CBCA) or under any Provincial Corporations Act.
Information published relating to company officers
Upon registration of the company, the name of the Directors and Shareholders will appear on public record (available on the internet)
Accounting requirement
No accounting filing requirements as long as the company is considered a non resident company.
Taxation
Companies that are not resident will not be subject to the taxation of their revenue by Canada.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability
Legislation
Modern Corporate law.
Standard currency
Canadian dollar
Time to form
10 - 15 working days (upon validation of your identification documents)*
Stability
Stable jurisdiction with very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-4
Secretary required
Not applicable
Paid up capital requirement
Minimum share capital: 1 Canadian dollar.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of the Company
A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**






Canada Jurisdiction News


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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Frequently Asked Questions
Company Formation in Canada (Ontario)

  • Where in Canada do you setup companies?

    We register companies in Quebec City which has an efficient and fast registry.
  • Is a Canadian company tax liable?

    Not if the company is considered non-resident. Each Canadian company must periodically declare whether it has been resident in Canada or not for the relevant period.

    A Canada company is not to be regarded as resident solely by virtue of being registered in Canada – it must be effectively managed or controlled from the Canada or perform activities locally.

    In the case any activity is performed in relation to Canada, it is recommended to assess the company’s situation with a Canadian Tax Accountant.
  • Do I need to appoint an auditor on the company?

    Not if the company doesn't reach a treshold of 50 million CAD turnover.
  • Will my name be disclosed once I setup a company in Canada?

    Yes, the officers of the company will appear in Quebec's registry of companies.
  • Is it easy to open a bank account for a Canadian company?

    Yes, it is easier than pure offshore companies, Canada being white listed by the OCDE.
  • What are the rules for choosing a company name in Canada?

    The rules for the granting of names under the Canada Business Corporations Act (CBCA) and the Canada Corporations Act (CCA) are almost the same.

    Essentially, an applicant cannot have a name that
    • lacks distinctiveness
    • is likely to cause confusion with other businesses
    • is likely to mislead the public
    • is reserved for another business
    • is obscene, or
    • has an unacceptable French or English form
  •  
  • What is the paid up capital for a Canadian company?

    It is 1 CAD.
  • Do I need to travel to Canada at any stage to form a company there?

    No, everything can be processed remotely.
  • What are the types of business in Canada?

    The primary forms of business in Canada are:
    • Sole proprietyships
    • Partnerships
    • Corporation
    • o Co-operative
  • What is the difference between incorporating federally and provincially?

    You can do business in all provinces and territories if you form a federal corporation. If you incorporate provincially, you can only do business in that province.
  • Can a Quebec corporation do business in Ontario?

    Because of a specific arrangement between Quebec and Ontario, if you start a firm in Quebec, you won’t require an extra-provincial license to do business in Ontario, and vice versa.
  • What is NEQ number?

    The Quebec Enterprise Number (NEQ) is a ten-digit identification number given to companies upon registration. To comply with Quebec company registration regulations, corporations, partnerships, non-profit corporations, trusts, and other entities must get a NEQ.


Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4+ out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
07-Nov-2024
Mrs. Madina is great. REally helpful
16-Oct-2024
Helpful, proactive and good communication and very fast delivery of the requested service. Excellent!
26-Sep-2024
It was really a professional service
18-Sep-2024
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
09-Aug-2024
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. SFM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend SFM to any professional looking to set up in the UAE or even just to benefit from their advice.
02-Aug-2024
The service renderade was proactive, engaged and well excecuted.

Canada is a popular choice among those looking to register a company , as it is a stable jurisdiction with a great reputation. As such, it offers many benefits. With SFM, offshore company formation is made simple, following 5 straight forward steps. In just 2 working days, you can register a corporation in Ontario and begin enjoying the ease of business which the jurisdiction provides.

One of the biggest benefits of registering a company in Ontario is the region's favourable tax policies, especially when compared to other Canadian provinces. The region has one of Canada's lowest corporate tax rates and offers generous tax credits to incorporated companies that invest in research & development.

Ontario is also known for its well-developed infrastructure. A slightly higher-than-average personal income tax is used to upgrade and invest in public infrastructure like schools, parks, hospitals, and roads. Ontario's generous social services and public investment programmes are also partially responsible for a more skilled workforce, which local companies can tap into with ease.

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