Ontario vs Federal Corporation
- Ontario corporation: registered in Ontario
- can still do business outside the province
- more expensive
- international e-commerce
- 12345678 Canada Inc.
- people are more likely to know Canada than 12345678 Ontario Ltd.
- 12345678 Canada Inc.
- Federal incorporation
- you may have to an Ontario registration anyway?
- faster, cheaper, simpler
- named corporation: protection all over Canada
both have to provide annual updates on your corporation - within 60 days after the corporate fiscal year - federal: costs $20 - so after ~10 years, it'll balance out - Ontario: ???
Last update:
2023-03-20