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Company Incorporation in Canada and Administrative Support

Company Incorporation in Canada | Federal Company Formation

canada

For any company to be incorporated in the country of Canada, it needs to be either incorporated at the central or state level. By incorporating your company at the central level, you can expand your business overseas as well. However, in the state level incorporation, the company can trade with international businesses but it is limited to single state where it has been incorporated. The law followed for the companies incorporated in Canada is the CBCA, and the very first law that it formed in 1975 was the right of incorporation.
At Abroadbiz, we have the team of expert consultants who can guide you with the step by step process to incorporate your company in Canada. We understand your requirements, business nature and based on that we suggest the appropriate process that best suits your business needs.

Overview

Company Type

Federal Canadian Company (FCC)

Currency

The local currency for all the transactions in Canada will be in Canadian Dollar (CAD $)

Price

Please contact us

Company Name

For incorporating any company, the name of the company has to be decided first and in Canada, the name of the company should be either in English or French language only. If you are incorporating the company at the federal level then a report known as NUANS has to be submitted. This process is followed at the time of applying for the new name of company.

Registered Address/Agent

It is mandatory for all the business setups planning or registering company in Canada to have a registered office as well as a physical address where all the company registers are maintained and legal as well as other communications can be served.

Shareholder

In case of single director company, there is no restriction over the nationality, but the shared holders can be only 50. Every company that is incorporated in Canada has to strongly follow the regime of holding a 6 monthly general meeting without a maximum gap of 15 months between the meeting dates.

Timescale

Within the time span of 2 week, a company can be company in Canada at the federal level.

Accounting Requirements

Every company that has been incorporated in Canada must file the annual return and its financial documents should be submitted at the AG meeting. The documents are not used for any kind of filing purpose but it is submitted at the registrar’s office for the scrutiny based on the public request. If any private does not wish to have an auditor then it can opt out based on the votes received from the shareholders.

Director

The best part of incorporating a company in Canada is you need single director for the formation. But if the company has more directors in the company then 25% of the directorship should be residents of Canada. If you have only single director company then the director has to be a resident of Canada.

Share Capital

The best part of incorporating a company in Canada is you need single director for the formation. But if the company has more directors in the company then 25% of the directorship should be residents of Canada. If you have only single director company then the director has to be a resident of Canada.

Identity Proof

The best part of incorporating a company in Canada is you need single director for the formation. But if the company has more directors in the company then 25% of the directorship should be residents of Canada. If you have only single director company then the director has to be a resident of Canada.

Travel

As per the standard process to form a company, it is important that at least one director is residing in Canada, but it is not mandatory.

Taxation

As per the standard process to form a company, it is important that at least one director is residing in Canada, but it is not mandatory.

Governing Corporate Legislation

The governing authority to form a company in Canada is CBCA (Canada Business Corporations Act)

Information Published relating to Company Officers

As per the standard process of information publishing of company offices it is mandatory to publish the details of directors but sharedholders and beneficiaries are not.

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