The incorporator is able to choose a word name or an assigned numbered name (for example: Myname Inc. or 12345678 Canada Inc.)
The company must be registered in every province and territory where it will conduct business. A request may be made for our assistance to register, after incorporation, in any province or territory by contacting us and choosing a provincial registration service.
The company can complete the Ontario registration now for a lesser cost than subsequent registration. However, the Government of Ontario does not accept registrations if the selected business commencement date in Ontario (see below) will be more than 60 days after the incorporation date. If you are ready to register, complete the two-step process of providing consent for the information to be submitted to the Government of Ontario and then supplying the required information.
The words company and incorporation are often used interchangeably. The articles of association can be considered as the “constitution of a company.” It outlines the identity of a corporation, in terms of its name and address, stipulates the types of business activities which the company will perform and provides the names of those who will manage the company.
Certain rules and restrictions relating to the rights and obligations of the shareholders who own the corporation are also set out in the articles of association as well as any restrictions imposed on what the people responsible for operating the corporation can do, such as limitations on the borrowing powers of directors.
The company, like most federal corporations, will be considered a private, non-distributing company, which means it will not sell shares on a public stock exchange. The company can still issue and sell shares privately.
The company will be required to register in each province that it wishes to operate. For Ontario, this can be done during the federal incorporation process. Registration for other provinces can be done after incorporation.
One incorporator must sign the articles of incorporation and the initial registered office address and first board of directors’ form.