Incorporation of a Canadian Business
With WebLegal.ca, you can incorporate a Canadian business as a Federal Corporation or a Provincial Corporation.
A Federal Corporation can carry out its operation using the same name anywhere in Canada. However, it may still have to register itself separately in the province from where it operates its business. This process is called Extra-Provincial registration.
A Provincial Corporation is a company which can carry out its business only in the province where it is incorporated.
WebLegal.ca allows you to incorporate a business without leaving your seat through our easy to fill form. We will then fill out the Article of Incorporation and file all the required documents with the proper government authorities on your behalf.
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Additional Incorporation Information
- What's a Federal Corporation or Provincial Company, and What Are the Differences Between the Two?
- What Does Incorporating Means?
- What Does WebLegal.ca's Incorporation Online Service Do?
What's a Federal Corporation or Provincial Company, and What Are the Differences Between the Two?
A Federal Corporation or company is a legal person under the Canada Business Corporations Act (CBCA). While a Provincial Corporation or company is a legal person under the provincial law of the province in question. For example, a company incorporated under Quebec laws is governed by the Companies Act.
A corporation is a legal entity with its own patrimony and that basically pose legal acts under its own name. Under Canadian laws, a corporation or company has the same rights and obligations than a natural person.
A corporation can acquire its own goods, have debts, enter in contracts, appear in court, etc. The patrimony of a corporation, the whole of its goods, belongs to the corporation and not to its shareholders (owners).
In Canada, it is possible to incorporate a federal or a provincial corporation. Some of the differences between a federal corporation and a provincial corporation include;
- A federal corporation can do business under its corporate name everywhere in Canada.
- A provincial corporation can generally only do business under its corporate name in its province of incorporation.
- Start-up costs of a provincial corporation are usually lower.
- A federal corporation must register in all the provinces it plans to do business in.
- The registered office of a provincial corporation must be located in its province of incorporation. A federal corporate can have its registered office anywhere in Canada.
There are other differences between the two; difference that play a role in deciding whether to incorporate a federal corporation or a provincial corporation. Furthermore, since they are governed by different laws, these corporations will have to follow and respect the rules and regulations of their respective laws.
What Does Incorporating Means?
The incorporation step is the step during which a corporation or company is legally created under government laws.
For a federal corporation, this is done by filing the articles of incorporation to Corporations Canada. The process is usually very similar for a provincial corporation where the articles of incorporation and other mandatory documents must by filled to the provincial entity in charge, like, for example, the Registraire des enterprises in Quebec.
What's a Federal Corporation or Provincial Company, and What Are the Differences Between the Two?
WebLegal.ca's Online Services offer a service of assistance to incorporation. You fill up a secure form on our website - all the information you submit on our website is sent to us through a secure and encrypted connexion. Once the form has been submitted, WebLegal verifies that all the required information are present and does not contain any procedural defects, drafts the incorporating documents required by law, and finally file these legal documents to the concerned government entities.
Once the corporation has been approved and created, we send you all the legal documents pertinent to your new corporation through certified mail.
