Ontario Corporation
For Non-Resident - $1,999

If you are a non-resident looking to register a company in Canada we are able to do it in the province of Ontario. Your personal visit to Canada is not required to incorporate the company. If you are thinking about immigrating to Canada, purchasing a property in Canada, or simply looking to conduct business in a highly reputable jurisdiction, incorporating in Ontario is a great choice for you.

What are the benefits of incorporating a company in Ontario?

The Ontario Business Corporations Act (OBCA) no longer lists any restrictions on the residency of the directors. This means that as a non-resident you may register a company solely on your own in Ontario.

Ontario Corporations do not have a minimum authorized capital requirement and the corporation has the ability to issue any number of shares for any consideration.

There is no withholding tax on directors fees and salaries paid to non-resident directors, officers and employees, when they work outside of Canada.

What is included in the Ontario Corporation Package for Non-Residents?

The following documents and services are included in the package:

• NUANS Report
• Government filing fee
• Registered office address in Ontario for the first year
• Certificate of Incorporation
• Articles of Incorporation
• By-Law
• Directors and Shareholders Organizational Resolutions
• Share Certificate issued to each shareholder
• All documents emailed in PDF Format

How long does it take to incorporate an Ontario Corporation?

Incorporation in Ontario is fast and can be done in 1 business day.

What if I don’t have an address in Ontario?

Our incorporation fee includes a registered office address and records office in Ontario for one year. If you require mail forwarding services for your bank, suppliers, or clients, please order virtual office services in our order form. Our company will be able to email you a scanned copy of all mail received for your company.

Does an Ontario Corporation need to file a tax return? And if yes, what is the corporate income tax rate in Ontario?

Yes, every Ontario Corporation must file an annual tax return. The corporate income tax rate is 26.5% and is applicable to all income earned. All business expenses, salaries paid to employees, advertising costs, etc. are all deductible. If you require assistance with filing your corporate income tax return, our company can assist you with this.

Is there an Annual Renewal Fee?

Yes, our company collects an annual renewal fee of $999 starting on the first anniversary of the incorporation date, this fee includes the registered office address for one year.

What is the role of an incorporator?

An incorporator is an individual who initiates the incorporation process and may be a resident of any country. A minimum of one incorporator is required and does not need to be a director of the corporation.

Who can be a director?

A director is a person elected by shareholders to manage the affairs of a corporation.

A minimum of 1 director is required to incorporate a company and may be a resident of any country, must be 18 years old, of sound mind (mentally competent) and not in a state of bankruptcy.

What is the role of the president, secretary and treasurer?

The President is the chief executive officer of the Corporation and acts on behalf of the Board of Directors. The President is responsible for performing any duties that are assigned by the by-laws or by resolution of the Board.

The Secretary's position is to assist the chair or president with taking notes and keeping records of the decisions, motions, resolutions and votes a corporation has. The secretary is required to be knowledgeable about the corporation's by-laws, parliamentary procedures and rules of order.

The Treasurer is an executive officer of a corporation responsible for supervising the accounting functions of the corporation and for keeping accurate and current financial records for the corporation.

One person may be appointed to all positions in the company or you may appoint a different individual for each position.

Who can be a shareholder?

Shareholders are owners of the corporation. Shares represent an ownership interest in the corporation. Any individual or legal entity from any country may be a shareholder. A minimum of one shareholder with one issued share is required to incorporate a company in Ontario.

What is the minimum capital required to incorporate in Ontario?

There is no obligation of a minimum authorized capital when forming the company as a corporation will be able issue any quantity of common shares with no par value.