What should I pay attention to when registering a Canadian company?

Updated on Financial 2024-05-09
9 answers
  1. Anonymous users2024-02-09

    1. When registering a Canadian company, the registration procedures and complexity of different types of companies are also different.

    2. Canadian companies must first draw up their own company names before registration, and there are certain regulatory requirements for registering Canadian company names, and non-compliant names cannot be registered.

    3. According to the Trademark Act, registered trademarks are more legally protected than Canadian company names.

    4. The office of the Canadian company registered in the province must be within the province, and if the office or branch is set up in other provinces of Canada, it must go through the registration procedures in the province where it is located.

    5. After the company is registered, there will be a phased business report between the company and **. Taxation depends on the company's operations and income.

    6. According to the provisions of the Canadian Company Act, more than half of the board members of the board of directors of foreigners registered in Canada must be Canadian citizens or permanent residents.

  2. Anonymous users2024-02-08

    Points to note when registering a Canadian company:1.Choose the type of company that's right for you.

    Depending on the specific circumstances of the individual who registered the company, choose the type of Canadian company that suits you.

    2.It's important to sign a contract.

    Before registering a Canadian company, a cooperation contract is signed, which is an important part of the joint venture company. The rights and obligations of shareholders should be clarified when the contract is signed before the start-up.

    3.Methods of registering a company and setting up a branch office.

    When registering in various provinces of Canada, if the company has previously set up an office or branch in Canada, it must have a local director certificate or appoint a local resident as the company manager. The process of registering a Canadian company generally takes one month.

    4.Pay interest and tax.

    After registering a Canadian company, you can conduct a legal business, and you only need to pay interest and tax on a quarterly basis.

  3. Anonymous users2024-02-07

    The company registration procedures in various provinces of Canada are generally divided into several steps: name search, preparation of application** and articles of association, submission of application to **, and receipt of registration documents.

    1. Name check: check whether the name of the company has the same name or a similar name, and obtain the name check report. It is important to note here that the approval rules and timing of company names vary from province to province in Canada.

    For example, Alberta and Ontario are computer approvals, and the lease is generally not subject to the same name, and the approval results can be obtained immediately; B.C. is a manual approval, which is more strict, and the approval time depends on the number of applications, which is currently about 9 working days.

    2. Preparation of application information: company name, registered address, minimum and maximum number of directors, founders, names and addresses of directors, articles of association generally include the company's business scope to limit the types of shares issued, the number and corresponding rights, share transfer and other provisions.

    3. Share ratio: Canadian company registration application and future maintenance are not required to report the company's share ratio to **.

    4. Identity requirements: Each province has different requirements for the identity of applicants, Alberta and Ontario require 25% of the directors (or at least 1 if the number of directors is less than 4) to be permanent residents or citizens of Canada, while British Columbia does not have such requirements, so it is suitable for foreign people to start a business in Canada.

    5. Founder, director and shareholder relationship: it can be the same person (a single individual can be established), or it can be served by different people. **The requirements are mainly for directors, in addition to the above identity requirements, the provinces generally require directors to be individuals over 18 years old, not in bankruptcy and incapacitated;

    6. Business scope: Contrary to China, Canadian company registration generally indicates that it does not have a business scope, not a business scope.

    7. Registered capital: There is no capital requirement for Canadian company registration, and there is no need to go through capital verification procedures.

  4. Anonymous users2024-02-06

    1. Choose the right type of company: There are great differences between people and companies. Therefore, for merchants, it is necessary to choose the appropriate type of company for registration according to their own situation and the business they intend to operate.

    Different types of companies mean that businesses will face great differences and changes in the way they manage and operate in the future.

    2. Sign a contract with shareholders: A contract will have legal effect no matter where it is located and will be protected by local laws. It is also important for individual businesses to sign a contract with the company's shareholders before registering their company, indicating their respective rights and obligations.

    3. Establish a branch or head office: When registering in Canada, if an individual has set up an office or branch before, he or she should provide a local director certificate or entrust a Canadian resident to serve as the manager.

    4. Pay income tax: After paying income tax every quarter, the company can start business normally.

    5. If the company's operation needs import and export, then it is necessary to register the import and export declaration number of the customs at this time.

  5. Anonymous users2024-02-05

    To register a Canadian company, you need to pay attention to meeting the following conditions:

    1. Company name.

    Canadian companies can only use their name in English, French or other Roman letters, and the company name ends with Limited, Ltd(****) or"Register a company"incorporation, inc.or corp.

    2. Shareholder directors.

    Directors: at least one director, at least 18 years old, no criminal record, good reputation, no nationality restrictions, can be a natural person but not a legal person, some provinces require a local or permanent residency of directors accounted for 25% or more than 30%, Vancouver registered companies do not need to provide local directors;

    Shareholder: At least one shareholder, at least 18 years old, can be a natural person or legal person, no criminal record and good reputation.

    3. Registered capital.

    Canadian companies do not have capital capital requirements, do not need capital verification, and generally use 1,000 Canadian dollars as the basic registered capital.

    4. Registered address.

    Canadian companies need a local address, if you need a local address, our company can assist you.

    5. Business scope.

    The business scope of Canadian enterprises is generally not restricted except for drugs, firearms, television, finance, aviation, etc.

  6. Anonymous users2024-02-04

    The general requirements for enterprise registration are: enterprise name, registered capital, and business scope.

    Circumference, business mode, etc., that is, it must meet conditions similar to those met by the registration of enterprises in China. Specifically.

    Said to include the following:

    1. Company name.

    You can use letters or numbers as your company name. When a letter is used as a name, its name must not be used with.

    The names of other companies are the same, nor should they be confused with the names of other companies, and prohibited ones must not be used.

    Word; The words "limited", "joint-stock company" or their abbreviations must be added after the name. Foreign companies are in.

    A Canadian branch office may add "Canada" to its name to distinguish it from its parent company.

    2) Registered capital.

    Canada generally does not require a minimum amount of registered capital. With the exception of financial companies, there is no statutory requirement for savings.

    Beg. If cash or property can be used to make capital contributions, and if cash is used to subscribe for shares, the subscription value shall be determined by the board of directors.

    3) Business scope and business mode.

    Except for narcotics, firearms, television, radio, finance, press and publication, aviation, etc., the scope of business of enterprises is generally not restricted. There are generally no restrictions on how to do business.

  7. Anonymous users2024-02-03

    1. Canadian company name. 1-3 alternative names must be provided at the time of registration, and the name cannot contain: Royal, Bank, Commonwealth, Federation, Chamber of Commerce, Company name can only be Incor LTD ending.

    2. Shareholders and directors of Canadian companies. At least 1 director, 1 shareholder, BC does not need a local director, a secretary is required, and the company director can also be concurrently.

    3. Registered capital of a Canadian company. There is no minimum registered capital requirement, and no capital verification is required.

    4. The business scope of Canadian companies, except for financial real estate, is generally not restricted.

  8. Anonymous users2024-02-02

    1. The information required for the registration of a Canadian company is as follows:

    1. Scanned copy of ID card of shareholder and director;

    2. Scanned copy of the shareholder's autograph;

    3. The name of the company's registration (there should be 3 structures, trade name + nature + limited liability company ending (LTD Inc CORP));

    4. Fill in the registration confirmation form;

    5. Registered address in BC Province (our company can provide it).

    2. Canadian company registration process.

    1. Fill in the registration application form;

    2. Submit registration information for name search;

    3. Submit the application form for company registration;

    4. Sign the registration documents;

    5. The registration will be completed within 20 working days if the information is complete, and the electronic registration certificate will be provided.

  9. Anonymous users2024-02-01

    As a highly developed capitalist country, Canada has a developed economy and a good immigration policy, which is favored by many people. However, for Chinese investors going overseas, registering a Canadian company is undoubtedly a good choice. In Canada, there are two options for registering a company, one is a federal corporation and the other is a registered provincial corporation.

    To register a company, you need to provide the following information:

    1. Name of the Canadian company to be registered (in English);

    2. Name of shareholders and directors, ID card or passport, contact number**, contact address;

    3. The business scope of the Canadian company;

    4. Provide at least one director of a Canadian company; (Not required for Vancouver registration).

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