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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

The difference

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