In a numbered corporation, a random number will be the name (ex. 21345 BC Ltd.). On the other hand, a named corporation will have a name such a Mike Construction Ltd. which will be protected by government. Obviously, a named corporation looks better on a business card, bank cheque, invoices and business signs.

The answer depends on two factors. 1. Numbered or named company, 2. your service speed selection. A numbered company can be ready in 2 hours while a named company in 1 business day if you choose such service speed. You will receive certificate, article, minute book and business number via email. These documents are sufficient to open bank account. Other services will be done afterwards.

For a named corporation, a valid NUANS report is required. You have option to upload if you already have it, or can ask us to obtain it for you. For details, read the bottom note on how name approval works.

We are an agent of Industry Canada and BC corporation name database. We do a name pre-search first. If pre-search result shows good, we submit for name approval. If pre-search result shows conflict, we will request you for alternative name by email, up to 30 names at free of cost.

Generally a name should have two elements: distinctive and descriptive. The distinctive element can't be common English word, it has to be unique or made up words while descriptive element can be common English words. An example is "Mike Construction". In this name 'Mike' is the distinctive/unique element; 'Construction' is the descriptive element. Put your ideal name, if doesn't work, we will guide you.

All of these 6 legal suffix have same legal meaning and significance. Choice is for appearance purpose only. You may choose anyone that looks nice to you.

It is the location where business is located. It can be a commercial rented place or home address, but must be in BC. It can't be a P.O Box, must be a physical address. CRA documents will go to this address.

It is the location where corporation documents and records are kept. It can be a commercial rented place or home address, but must be in BC. It can't be a P.O Box, must be a physical address.

BC Government gives an option in case you want all your governmental documents to go to a specific address. This can be a physical address or a P.O Box, but must be in BC.

Yes, it can be changed later. In many cases when commercial place is not rented yet, residential address is given.

If you do not have a local provincial address, we provide registered address and mail scanning service. Please click, on the form where says, "Click here for address service".

Yes, you have the choice to renew it on an annual basis. Normally, the price remains same.

Primary director must be a owner of the corporation. This is the overall head of the corporation. You can add more than one director (up to 5). Each director has equal power and control to the corporation.

Foreigners can be directors, incorporators, officers or shareholders. For a BC corporation, a director can be foreigner or Canadian citizen, there is no residency requirement.

If you are incorporating on be half of a client, please do not write your name here. This place is the name of the primary owner of the corporation. We don't contact this person, rather we contact the person mentioned in billing address. You can write your details in the billing address during checkout.

Each director has equal power and control over the corporation. Second director can remove primary director and vice versa. Therefore, you may add additional director whom you trust. You may add a director at a later time as well.

Yes. A director can be added or removed at a later time. That could be done through our website.

Director must be an individual who is 18 year old or more.

Foreigners can be directors, incorporators, officers or shareholders. For a BC corporation, a director can be foreigner or Canadian citizen, there is no residency requirement.

Incorporator is the person(s), under whose authority this corporation is being created. Typically, all the directors are the incorporators.

If you are doing for a client, you may choose 'the directors are the incorporators'. We do not contact your clients, rather we contact the person in billing. You may write your details in billing address.

If you are incorporating a holding company, then you may choose the option, 'incorporator is another corporation'.

Anybody including an employee can be an officer to the corporation. It's not as important as of director. It's changeable later at any time.

Any designation is fine. It's more important for a big corporation. It's changeable later.

Yes, same person can be director, incorporator, officer and shareholder. Most new corporation starts in that manner and changes when it grows bigger.

This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price.

These are weaker than class A. Most people don't issue it in the beginning. Some people issue in case they are selling some of their shares to others.

These are the most weak class of of share. These shareholder do not have rights to vote in company matters. Most people don't issue it in the beginning. Some people issue in case they are selling some of their shares to others.

If primary director is the only shareholder, any number is okay, 100% owned by him. Most people put 1. It's changeable later. If more than one shareholder, put proportionately.

Yes. You can add or remove sharehodler later at anytime.

Total share is calculated by adding up each shareholder's share number. Example: your share is 60, your spouse's share is 40. Then total shares = 60 + 40 = 100. In this case, you hold 60% and spouse holds 40%. If more than one shareholder and you want to assign in percentage, make total share number as 100.

It's the initial set up for a GST account with CRA. Every corporation must have a HST account to collect GST upon sales. Customer's invoice or receipt must show the GST number as well. Unable to collect GST, may cause penalty by CRA.

Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not payroll service, but the initial set up of payroll account with CRA.

If your business involves in importing or exporting physical goods, it is required. The government uses this account to process the customs clearance.

Any BC corporation to collect GST and PST, must have a PST account. These are mandatory accounts. This is the initial set up of your PST account.

It's the workplace safety board; some other provinces may call workers compensation board. If your corporation plan to have employees now or in future, it MUST register with WSB. We register and give you the account number and hook you with WSB authority. Please note, it does not cost monthly premium fees, rather WSB authority will advise on your eligibility of free program or fees.

We are an agent of global domain registration. After your company name gets approved, we can instantly reserve a domain in your company name (example: www.companyname.com)

Two major benefits. 1. Tax claimable: cost that occurs during business set up, is called Business Development Expenses, is tax claimable. Costs that occurs after business already registered, is called operational cost, is not tax claimable. These costs will occur at any way, since these are mandatory filing, therefore, it's wise to include in package. 2. The default process is, these filing to be done together with corporation; hence, it's cheaper in package. To do this services later; there are manual forms and process; hence, costs more money and takes longer processing time.

Share certificates are legal and official proofs of ownership of corporation. Bank may asks to show it to open bank account. Most people choose 5 share certificates to save costs, some choose 10 or 20. It includes blank certificates in case you want to add spouse, child or friend as shareholder in future.

Corporate Seal is a protection against fraudulent activity. It has legal value (by default defends) in case anybody create false docs or make false loan in your company name. It's highly recommended if your company has frequent transactions or provide receipt, invoices. It's also needed if you go for loan, mortgage, employment contract, service contract or any sub-contract.

It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our lawyer, accountant and corporation specialist here for you. It's a $399 dollar service, but only $99 with package.