BC Incorporation Package

All numbered company can be ready in 2 business hours. A named company can be in 2 hours as well, if you already have a name approval from BC Govt. If you don't have it, we can do it, but depends on your selection of name approval queue. If you select priority queue, normally named corporation is ready in next business day.

You will get certificate, article, corporation agreement, minute book and CRA business number in email. These documents are sufficient to open bank account. Later, these documents along with other applicable documents will be mailed.

We prepare the articles of corporation, by laws and other documents. We are proud to incorporate thousands of companies since 2002 in Canada.

We are an agent of Industry Canada. If you buy NUANS & name approval from us, we do a pre-search first before obtaining the NUANS. If pre-search result shows good, we get name approval instantly. If pre-search result shows conflict, we will request you for alternative name by email, up to 3 names at free of cost.

A Minute book is a corporate legal document prepared by a corporate lawyer. As per corporation act, a Minute book is MANDATORY. Minute book consists of by laws, share structure & other legal sections. It's REQUIRED to open bank account. Without it, a corporation is not complete. A Minutebook must be presented when corporation is audited.

Share certificates is the legal and official proof of ownership of corporation. You need it to show in any official purpose such as bank, contracts, mortgage etc. It's an absolute recommended items if you have more than one shareholder. We will send some blanks certificates as well which could be used in future in case you add any other person (such as spouse, child, friend) as shareholder.

Seal is a protection against fraudulent activity. It has legal value (by default defends) in case anybody create false docs or make false loan in your company name. It's highly recommended if your company has frequent transactions or provide receipt, invoices. It's also needed if you go for loan, mortgage, employment contract, service contract or any sub-contract.

It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our lawyer, accountant and corporation specialist here for you. It's a $399 dollar service, but only $99 with package.

Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not the process your payroll, but this is the initial set up of payroll account with CRA which you definitely need to process the payroll.

You need import export account only if you plan to export or import from/to out side of Canada. Please note, only physical items (not service) fall under export or import. If you select, we will register this account and give you the account number.

It's WorkSafe BC registration. If your corporation plan to have employees now or in future, it MUST register with WSB. We register and give you the account number and hook you with WSB authority. Please note, it does not cost monthly premium fees, rather WSB authority will advise on your eligibility of free program or fees.

Two major benefits. 1. Tax claimable: cost that occurs during business set up, is called Business Development Expenses, is tax claimable. Costs that occurs after business already registered, is called operational cost, is not tax claimable. These costs will occur at any way, since these are mandatory filing, therefore, it's wise to include in package. 2. The default process is, these filing to be done together with corporation; hence, it's cheaper in package. To do this services later; there are manual forms and process; hence, costs more money and takes longer processing time.

Minute Book, Corporate Tax ID, GST Account, Payroll account and PST Accounts are mandatory. Every corporation must have a corporate tax ID, just like the SIN number for an individual. Same applicable for GST & Payroll account.

Many of our clients are law firm and accounting firm. This is why, we kept everything here as a choice. For example, the Minute book is a mandatory for a corporation, but we put here as a choice, because the law firm itself can prepare their minute book.

All numbered company can be ready in 2 business hours. A named company can be in 2 hours as well, if you already have a name approval from BC Govt. If you don't have it, we can do it, but depends on your selection of name approval queue. If you select priority queue, normally named corporation is ready in next business day.

In a numbered corporation, a random number will be the name (ex. 21345 BC Ltd.). On the other hand, a named corporation will have a name such a Mike Construction Ltd. which will be protected by government. Obviously, a named corporation looks better on a business card, bank cheque, invoices and business signs.

To be accepted by BC government, a business name must have two elements in it, i.e. distinctive element and descriptive element. The distinctive element must be unique or made up words and can't be common English word. The descriptive element can be common English words. Please note, the primary cause of name rejection is missing the distinctive element. An example is "Michael Construction". In this name 'Michael' is the distinctive/unique element; 'Construction' is the descriptive element. Regardless name rejected or approved, BC government does not issue refund; and therefore give 3 name choices in one submission; Utilize these 3 choices, by providing us 3 different names.

We are an agent of Industry Canada. When you pay us to obtain the name approval on be half of you, we first do pre-search into Industry Canada system and provincial name database. If the name gets conflict or high chance of being rejected, we will advise you to submit new names. That would be free of cost. However, once a name is submitted to government, a re-submission of new name will cost again fees for name approval.

All of these 6 legal suffix have same legal meaning and significance. Choice is for appearance purpose only. You may choose anyone that looks nice to you.

It is the location where business is located. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address. CRA documents will go to this address.

It is the location where corporation documents and records are kept. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address.

BC Government gives an additional choice if you want all your mails to go to a specific address. This can be same as corporation's address or another physical address or a P.O Box.

Yes, these address can be changed later. In many cases when commercial place is not rented yet, residential address is given.

If you do not have a local provincial address, we provide registered address and mail scanning service. Please click, on the form where says, "If you don't have address in this province, click here"

Yes, you have the choice to renew it on an annual basis. Normally, the price remains same.

Directors are the overall head of the corporation, typically, all the owners. You can add more than one directors (up to 5). Each director has equal power and control to the corporation. Please note, there is no Canadian residency requirement of directors for this province; and therefore, Canadian citizen or foreign nationals can be directors.

Foreigners can be Incorporator, director, officer or shareholder. As per corporation act in this province, there is no Canadian residency requirement of directors for this province; and therefore, Canadian citizen or foreign nationals can be directors.

If you are doing corporation for a client, please do not write here your name. This place is the name of the primary owner of the corporation. We don't contact this person, rather we contact the person mentioned in billing address. You can write your details in the billing address during checkout.

Each director has equal power and control over the corporation. Second director can remove primary director and vice versa. Therefore, you may add additional director whom you trust. You may add a director at a later time as well.

Yes. A director can be added or removed at a later time. That could be done through our website.

Director must be an individual who is 18 year old or more.

Foreigners can be Incorporator, director, officer or shareholder. As per corporation act in this province, there is no Canadian residency requirement of directors for this province; and therefore, Canadian citizen or foreign nationals can be directors.

Incorporator is the person(s), under whose authority this corporation is being created. Typically, all the directors are the incorporators.

If you are doing for a client, you may choose 'all directors are incorporators'. We do not contact your clients, rather we contact the person in the billing address. You may write your details in billing address.

If you are incorporating a holding company, then you may choose the option, 'incorporator is another corporation'.

Yes, it's mandatory as per corporation act. The owners, shareholders, share structure and share class are defined in minutebook. If you do not select minutebook, the next step "Share & Shareholders" section will skip assuming you will do minutebook with another firm.

When you incorporate a company, the expenses are called business development expense which is tax creditable. Any spending you do after incorporation, is considered as operating expense which are not tax creditable. Doing it separately later is a manual process which cost more and takes longer time.

Anybody including an employee can be an officer to the corporation. It's not as important as of director. It's changeable later at any time.

Any designation is fine. It's more important for a big corporation. It's changeable later.

Yes, same person can be director, incorporator, officer and shareholder. Most new corporation starts in that manner and changes when it grows bigger.

This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price.

These are weaker than class A. Most people don't issue it in the beginning. Some people issue in case they are selling some of their shares to others.

It's weaker than class A and B. Most people don't issue it. Some people issue in case they are selling some of their shares to others.

Yes, share price and share number can be changed any time. Now you are setting up just initial price, any number is okay since you don't know how company will perform.

If you are the only shareholder, any number is okay, 100% owned by you. Most people put 1. It's changeable later. If more than one shareholder, put proportionately.

Yes. You can add or remove sharehodler later at anytime.

Total share is calculated by adding up each shareholder's share number. Example: your share is 60, your spouse's share is 40. Then total shares = 60 + 40 = 100. In this case, you hold 60% and spouse holds 40%. If more than one shareholder and you want to assign in percentage, make total share number as 100.

All corporation must have corporate tax ID. This is like SIN number for an individual. It's required to report any income (even zero) of the corporation. Please note, this is the initial set up of tax ID which you need to provide to your accountant.

It's the initial set up for a GST account with CRA. Every corporation must have a GST account to collect GST upon sales. Customer's invoice or receipt must show the GST number as well. Unable to collect GST, may cause penalty by CRA.

Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not payroll service, but the initial set up of payroll account with CRA.

If your business involves in importing or exporting physical goods, it is required. The government uses this account to process the customs clearance.

Two major benefits. 1. Tax claimable: cost that occurs during business set up, is called Business Development Expenses, is tax claimable. Costs that occurs after business already registered, is called operational cost, is not tax claimable. These costs will occur at any way, since these are mandatory filing, therefore, it's wise to include in package. 2. The default process is, these filing to be done together with corporation; hence, it's cheaper in package. To do this services later; there are manual forms and process; hence, costs more money and takes longer processing time.

It's the initial set up for an PST account. Customer's invoice or receipt must show the GST and PST number. In applicable amount, CRA may impose penalty, if GST and PST are missed.

We are an agent of global domain registration. After your company name gets approved, we can instantly reserve a domain in your company name (example: www.companyname.com)

It's WorkSafe BC registration. If your corporation plan to have employees now or in future, it MUST register with WSB. We register and give you the account number and hook you with WSB authority. Please note, it does not cost monthly premium fees, rather WSB authority will advise on your eligibility of free program or fees.

Share certificates is the legal and official proof of ownership of corporation. You need it to show in any official purpose such as bank, contracts, mortgage etc. It's an absolute recommended items if you have more than one shareholder. We will send some blanks certificates as well which could be used in future in case you add any other person (such as spouse, child, friend) as shareholder.

Seal is a protection against fraudulent activity. It has legal value (by default defends) in case anybody create false docs or make false loan in your company name. It's highly recommended if your company has frequent transactions or provide receipt, invoices. It's also needed if you go for loan, mortgage, employment contract, service contract or any sub-contract.

It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our lawyer, accountant and corporation specialist here for you. It's a $399 dollar service, but only $99 with package.

Supplies (physical minute book, share certificate, corporate seal) will be shipped by Canada Post (expedited) and you will receive a tracking number in your email. Please note, this address is for shipping of supplies only. Government documents always go to corporation's address.