Numbered vs Named Corporation

numbered corporation: simplifies the process
- saves some money
- default option

1234567 Canada Inc.

1234567 Ontario Inc.

Associate a name to a numbered corporation¶

Ontario: Master Business License - register a name under an existing corporation - expires after 5 years

one extra step: nuanced search - comprehensive search between - $13 in 10 mins for federal - $50 in 10 mins for Ontario

protection
- just prevents someone else from creating a named corporation with the same name

Last update: 2023-03-20