Before proceeding with the incorporation of your business, we suggest you review the information that answers many frequently asked questions. This information may help you better understand and save time with the incorporation of your business.
Many independent professionals, in many provinces, as of just recently, may now incorporate. Note the emphasis on many provinces – this is because each province has its own Corporations Act and they can vary widely in the application of their guidelines and regulations. As well many professions have their own provincial licensing body setting out additional rules, regulations, process and forms specifying the procedures for incorporation for a member of that profession in that particular province. Regulated versus Non-regulated
To speed up the incorporating process and to permit immediate delivery of the Articles of Incorporation, a corporation can, be assigned a number as its corporate name. The corporation may then register a trade name and be known to its customers as doing business under the trade name.
The question as to whether you should incorporate your business also involves deciding whether your business should be incorporated under the federal laws of Canada (i.e., a federally chartered corporation) or under the laws of one of the provinces of Canada (i.e., a provincially chartered corporation).
Most jurisdictions require the filing of Articles of Incorporation and the statutory government incorporation fees. The Articles of Incorporation will be prepared by CA4IP.ca following your filling out our order form. The government fees vary depending on the jurisdiction of your corporation.
A registered agent, such as CA4IP.ca, acts as a registered address of the corporation in the province or other jurisdiction of incorporation. The registered agent provides a registered address for the receipt of service of government filings (and in certain cases legal papers) and acts as a local contact for government agencies. The registered agent forwards any such documents and correspondence to the corporation.
All of the required steps to organize your corporation will have been performed by the time you have received your corporation's Articles of Incorporation, its minute book and all other required documentation (corporation's by-laws, organization resolutions etc.) from CA4IP.ca. The remaining task will be for you, and the other directors, and shareholders, if any, to sign the relevant resolutions, share certificates, minutes and other documents. All such documents will clearly indicate where each person must sign.