Steps to Register a Corporation in Canada
The first step in corporate registration is choosing a name. Search your selected name to make sure any similar name is not registered.
There are service providers with access to these names and they will charge you 50 to 150 dollars to give you a report about your selected name.
While selecting a name, make sure its internet domain with a suffix of .com is not registered. Other suffixes are not very authentic. .com is the important suffix. For big and promising businesses, name of the business matters a lot. However, you should understand that .ca works fine for a local business in Canada. Copyright and Trademark If your business is art related, consider the law affairs related to the author’s copyright so you won’t face any problem later after spending huge costs. When you intend to register a name, the associated office searches the name among the registered ones to make sure it is not registered as a trademark. You may use a name of a corporation for yourself, but you can never apply for a registered trademark of another corporation because they can easily sue you.
2 . Filling the Forms In the next step, you fill the form 1, which is about the corporation information. This form is basically the article of the corporation.
Many accountants fill article of corporation. The firms who provide services regarding corporate registration also carry out these affairs in exchange for certain costs.
After filling the form, provide a cover letter containing a summary of your organization information such as address and phone number. Write down the information of whoever is responsible for pursuing the process of corporate registration. Add this paper to the top of your documents and pay a visit to the office of incorporate registration.
In addition to the expense of searching the name, registering a corporation costs 360 dollars in Ontario.