Company Formation

When you are first setting up a company, one of the early decisions that you will need to make is how to get start-up funds into your company.  The term “capitalize” is sometimes used to refer to the process of getting funds into a company (and the...

As we outlined in our article “10 Things to Consider After Forming an Ontario Corporation”, there are a lot of things to take care of after you incorporate your company. Near the top of the list are: (1) choosing a fiscal year-end, (2) opening tax accounts (sales...

There are five categories of roles that need to be filled for each company in Canada.  You must decide who will fill each of those roles for your new company at the time of incorporation or soon after that (and there is no need to sweat it if you are a...

One of the first questions that you have to ask yourself when you’re incorporating a company is, what share classes are my company going to have? This is a question that needs to be decided by the time you go to incorporate the company because it is written into...

Have you been asked to provide a NAICS code for your business? Are you wondering why that is? Or are you concerned that it might have an unintended impact on your business? If you answered yes to any of these questions, then keep reading. We have compiled some...

Here are five questions you should ask yourself when deciding whether to incorporate your small business in Canada. If the answer to any one of these questions points towards incorporating, then that’s probably a good enough reason to take the leap. But if all of...

Almost anyone can incorporate a company in Canada. You don’t need to be a Canadian citizen. You don’t even need to be a resident (in some cases)! In this article, we provide details about how non-Canadians can set up a corporation in Canada and some of the common...

Canada is a popular place to do business. Many people outside Canada are drawn to do business here and raise families here.  For people who have successful and established businesses outside of Canada, the intra-company transfer (ICT) program provides an...

Simple systems are the best systems. The same is true for businesses. It’s best to keep things simple. Here are 6 choices that you can make to simplify your small business: To Incorporate or Not to Incorporate You do not need to incorporate in order to run a...