{"id":742,"date":"2016-08-06T20:14:15","date_gmt":"2016-08-06T20:14:15","guid":{"rendered":"http:\/\/www.weblegal.ca\/?page_id=742"},"modified":"2022-11-26T00:15:59","modified_gmt":"2022-11-26T00:15:59","slug":"prince-edward-island","status":"publish","type":"page","link":"https:\/\/www.weblegal.ca\/incorporation\/prince-edward-island\/","title":{"rendered":"How to Incorporate in Prince Edward Island – Guide to Prince Edward Island Incorporation"},"content":{"rendered":"
This page provides a summary of the essential information and procedures involved in incorporating a business in Prince Edward Island, Canada<\/strong>; we describe several ways to create a Prince Edward Island corporation.<\/p>\n Canadian Federal Corporations are regulated by the Canada Business Corporations Act (CBCA)<\/strong><\/em><\/a>, while corporations that are created as Prince Edward Island provincial Corporations are regulated by the Companies Act of P.E.I<\/em><\/strong>.<\/strong><\/a> You can find out more about the differences between Provincial and Federal Corporations in our general article presenting an overview of incorporating a business in Canada<\/a><\/strong>.<\/p>\n In order to create a corporation in Prince Edward Island, you must file the required forms; however, in order to complete the process, there are mandatory incorporation fees to be paid:<\/p>\n The total fee for incorporation is $305. Of course, there are also related costs such as the purchase of a corporate seal and the annual filing fee of $30.00 for your corporation’s mandatory annual return.<\/p>\n There are several options to proceed with the creation of your Prince Edward Island corporation: proceed with the incorporation by yourself<\/strong>; use an online incorporation Service Provider<\/strong>; or hire a corporate lawyer<\/strong> to create your business.<\/p>\n To incorporate your business in Prince Edward Island yourself, whether in the office or by mail, you will need to submit the following documents:<\/p>\n These documents can be submitted in person or via postal mail to the provincial government.<\/p>\n Source<\/strong><\/a><\/p>\n If you do not feel comfortable incorporating your Prince Edward Island corporation by yourself, or don’t want to seek out a lawyer in PEI to file the forms on your behalf, but the actual business is itself not very complex, you may wish to consider an online incorporation company<\/strong>, a Service Provider.<\/p>\n Online services provide an order form on their websites; you will fill out all of the information about your future Prince Edward Island Corporation. You will pay the fees above to the Provincial Government, but also a standard fee charged by the online service provider for their incorporation service.<\/p>\n Many service providers also offer additional materials you may need for your corporation, including minute books<\/a>, corporate seals, share certificates<\/a> or other supplies<\/strong>; you can also register for federal tax accounts using most online services.<\/p>\n These businesses still rely on your personal expertise and knowledge; at the same time, these companies file numerous incorporation requests and should be able to flag potential problems or answer simple questions about the process. You will not need to obtain your own notary or lawyer to use these services.<\/p>\n Two online incorporation companies that can help you to create a Prince Edward Island corporation are:<\/p>\nPrince Edward Island Incorporation Fees<\/h2>\n
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How to Incorporate a Business in Prince Edward Island by Yourself<\/h2>\n
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How to Incorporate a Prince Edward Island Business Using Online Incorporation Services<\/h2>\n
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