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Get it Done in 3 Simple Steps
We have taken the complexity out for you. Fill out our online form in as little as 10 minutes.
1
Our specialists review it, prepare all documents and register in government system.
2
Receive your registered final documents in email as little as in 2 hours.
3
NUANS Reservation Report
- Provides comprehensive search results generated by the government;
- Offers information on existing businesses with similar names;
- Reserves the Name for 90 days;
- Mandatory for incorporating a business in Canada;
- 15 Minutes Rush Service Available with Additional Fee.
- You will receive the NUANS in email instantly.
Business Name Pre-Search
- A preliminary name search serves as a pre-check for a proposed company name, business name, or sole proprietorship name.
- It occurs before ordering the full NUANS name search report or a similar name search.
- The report lists existing corporate names, business names, and trademarks similar to the proposed name.
- You can obtain federal and all provincial name reports.
- We can complete the name pre-search report in 2 business hours.
- Once completed, we will instantly send the report by email.
Federal Name Request
- It is a process of proposing a name for a federal corporation during incorporation, amalgamation, or importing (continuance)
- You can apply for a word name before incorporating your corporation, this is called preapproval of a corporate name
- Corporations Canada reviews the proposed name to ensure it complies with regulations
- Corporate name preapproval is only valid for 90 days from the date of the request submitted
- Get a $25 refund if you use this report to register/incorporate a business with us
- Free pre-search to ensure the name has no conflict with existing entities
- Up to 3 names free of cost if the first two names are not working
Federal Name Appeal
- A process where an existing federal corporation requests a reconsideration of a rejected business name;
- Does not guarantee approval;
- Provides the opportunity for the corporation to present explanations to why the name should be reconsidered;
- If you received a name rejection and wish to appeal, you should use this service;
- Express 48 Hours Queue is Available;
- Just fill out our online form and let our experts do all the filing;
- You will receive registration documents in email instantly.
How Corporation is Ready in 2 Hours?
Biz Ontario, as a government-approved corporation, offers all types of business registration services online for all provinces across Canada.
Firstly as a customer, all you need to do is, to fill our very simple online form and submit. The remaining part is taken care by our lawyers and incorporation specialists.
In the very first step, your order will be reviewed by a specialist who will ensure forms are filed duly. Then, it will go to the legal team who will obtain the NUANS Report, Name Approval from government and then register with government.
Because we are authorized agent of Industry Canada, NUANS Report and Name Approval is done in a very fast speed and then, as the agent of corporation registration, we register the business within next few minutes. Therefore if you choose 2 Hours services, you will receive the corporation documents by 2 hours in email and then physical copy by mail. The email copy is sufficient to open bank accounts.
Frequently Asked Questions
Find out why Biz-O leads the way in our industry. Check out our FAQs to see why we’re your top choice for all your needs.
Why should I choose Biz Ontario?
🔍 Trusted & Experienced
Biz Ontario prides itself on having a complete and compliant review process to ensure that all the details regarding your business formation are accurate and free of errors.
🌟 Empowering Entrepreneurship
When you choose an Biz Ontario, you are not just looking at a service, but embracing something hybrid—a real blend of the best-of-both-worlds flavors. Get the flexibility and control of a ‘do it yourself’ strategy with reassurance from having the know-how of a professional to fall back on. That perfect balance, to be truly affordable, comprehensive, and human-centered for the modern entrepreneur.
👥 Personalized Attention
With Biz Ontario, every customer is given special attention. The expertise extends to treating your business with professional care and is available to support you over the phone, via live chat, or by email. Quite simply, your success is our business.
⚡ Super Express Service
Experience the super express incorporation services at Biz Ontario. Our specialists will do their best to complete your filing within 2 business hours, often much sooner, to deliver your incorporation documents in a record time.
💲 Affordable Pricing
pressures of being a new entrepreneur and has thus offered an affordable price structure. We at Biz Ontario believe that cost should not stand in the way of your business ambitions, and hence we have provided you with a cost-effective solution for all your incorporation needs.
Why should I incorporate my business?
- Name Protection: A company of a specific name will not be allowed to be registered in Ontario, and thus some brand protection is rendered.
- Limited Personal Liability: A corporation/cooperative is an independent legal entity from the owners, with the principle of limited personal liability of the directors towards the corporations’ creditors.Shareholders are not liable for the company’s debts.
- Perpetual Life: A corporation or cooperative can continue to exist beyond the lifespan of its founders; Ownership can change hands.
- Attracting Investors: Corporations are more appealing to investors due to limited liability and easy transfer of shares.
- Tax Advantages: There are lots of corporations that have the advantage of lower tax rates. Besides, holding companies and professional corporations can benefit from this, too.
- Access to Capital: Both corporations and cooperatives are allowed to issue securities to access capital.
- Credibility: Incorporating can boost credibility in the eyes of partners and customers.
- Separate Credit Rating: Regardless of an owner’s personal credit scores, corporations acquire their own credit rating, and may find it easier to obtain corporate credit.
- Employee Perks: Corporations can offer stock options and retirement plans as part of their benefits package, which can be attractive to potential employees
How quickly can my business be incorporated?
We can have your Ontario business incorporated in just 30 MINUTES!
What is required to incorporate my Ontario company?
- Choose a Business Name: Your business name must be unique and distinguishable from other registered business names in Ontario. You have the option to choose your own name or have the government assign you a numbered name. If you are registering a named corporation, you will need a NUANS report (Purchasable through our incorporation packages). Be aware that depending on your incorporation type, you might need to use certain names that follow rules set by the authorities in charge. If we find any issues with the proposed name we will guide you and suggest possible names that would be viable for the incorporation.
- Incorporators, Directors, Officers, and Shareholders: In the process of incorporation, you must determine the directors, officers and their respective roles, and the shareholders of the corporation. At least one person is required to serve as an incorporator, director, and shareholder, and it’s possible for a single individual to occupy all three positions. Officers are viewed as employees within the corporation. Keep in mind Not-For-Profits and Co-Ops require a minimum of 3 directors to operate.
- Registered Office Address: Every business is required to have a registered office address, which could be either a commercial or a residential location. If you do not have an accessible address in Ontario, our Address & Mail Forwarding Service is available for purchase (Only available for registration purposes).
- Initial Return Filing: All corporations in Ontario are required to submit their initial return within 60 days following their incorporation. If this return is not filed, the corporation will be deemed non-compliant with the corporate registry. This non-compliance could lead to the government dissolving the corporation.
Are there any residency requirements to incorporate in Ontario?
No, there are no residency requirements to incorporate in Ontario. Directors may be from other domestic or foreign jurisdictions. Incorporators must be individuals or other Ontario businesses.
What is the difference between a For-Profit and a Not-For-Profit?
The main difference lies in how they handle the profits and their primary objectives.
- For-Profit Organizations: These are businesses established with the primary intent of generating profits for the business owner or their shareholders. The main focus isn’t necessarily societal or community benefits, but rather earning a profit from goods sold or services provided.
- Not-For-Profit Organizations: These organizations exist to fulfill an owner’s organizational objectives and are not primarily focused on generating profits. They can operate for social welfare, civic improvement, sport, recreation, or any other purpose except profit. They do not have shareholders or owners who receive dividends or financial distributions.
What is the difference between a Holding Company and an Operating Company?
Simplified: An operating company does things, and a holding company owns things.
- Operating Company: It is a company that operates its business activity. It undertakes day-to-day business activities and generates revenue and has assets and liabilities related to regular operations. It may then provide manufacturing products or rendering services, employing staff, etc.
- Holding Company: It is a company holding investment assets in other companies and whose purpose is to own as well as control the investments. It does not operate any active business but holds and manages the assets from shares, real estate, intellectual property, and other investments in their possession. — Example: Here, the holding company which owns a subsidiary company will become the shareholder of that particular operating company.
What are the benefits of a Holding Company?
- Asset Protection and Risk Management: the holding structure forms a buffer for the operationally active companies and their assets against creditor claims or established claims.
- Tax Planning: is possible in many ways, with the holding company availing of income splitting, capital gains exemptions, and tax-deferred intercorporate dividends.
- Increased Business Flexibility and Control: A holding company setup structure offers more flexibility and control in doing business with a number of subsidiaries.
- Succession planning and wealth preservation are other ways in which a holding company will be of great importance to families or business owners through a smooth transfer of assets and wealth to successive generations.
- Taxes on companies can also be deferred and reduced: This is possible in holding companies’ cases.
- Low-Interest Loan Opportunities: A holding company may provide opportunities for low-interest loans.
Holding companies can provide the facility of discrete and low-cost buying.
Do I need to incorporate a Professional Corporation?
A professional corporation in Ontario is an option for regulated professionals such as doctors, lawyers, and others. This type of corporation is subject to specific rules and regulations during its formation and operation, which are overseen by the relevant governing bodies. Incorporation does not absolve the professional from personal liability for malpractice, meaning they remain accountable for their professional actions. While the corporation’s activities are limited to the practice of its profession, it is permitted to undertake tasks related to this practice. For differences between a professional and standard corporation.
What are Personal Real Estate Corporations (PREC)?
A Personal Real Estate Corporation (PREC) is a corporation that real estate professionals in Ontario can form to conduct their business. In this arrangement, the real estate professional becomes the “controlling shareholder” of the corporation, giving them control over the corporation and its activities.
- Benefits of Forming a PREC: A PREC will provide a financial benefit for the real estate professional. More flexibility in managing one’s income may lead to possible tax savings. However, application and exact benefit vary based on the individual business situation.
- Function of a PREC: The main purpose of the PREC would be to provide services of the real estate professional-parent on behalf of a brokerage they are licensed with. A key fact to be kept in mind is that a PREC cannot operate independently like a brokerage.
What are Cooperatives?
Cooperatives are a business model organization wherein ownership and operations will be managed and transacted by the members themselves. They are founded on democratic principles; consequently, each member has an equal say in the decision-making process. They serve people’s purposes for consumer services, producer services, community development, education, sustainability, and innovation in technology. The specific use for a cooperative would depend upon the needs and goals of its members. An example of a cooperative includes MEC, or Mountain Equipment Co-op. They are a retail co-operative that sells outdoor recreation gear and clothing and only sell to its members.
Will I receive any post-incorporation support?
Yes, we offer 3 types of post-incorporation and maintenance services.
How can a foreign business operate in Ontario?
Please see our packages for Business Registry By Non-Residents
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