Share certificates are a legitimate and authoritative sign of corporate ownership. banks may ask for them to open a bank account. Most people take 5 certificates to save money, although some people may choose 10 or 20. they come with blank certificates in case you want to add a spouse, child, or friend as a shareholder in the future.

The corporate seal is a tool used to stamp or imprint your company's official documents in order to show that the paper has been validated and approved by the Board of Directors. it is often used for:

1. employment and vendor contracts
2. minutes from Board of Directors meetings
3. leases
4. To be granted for bank loans or mortgages
5. any contracts or agreements

Corporations must report all income and expenses to CRA. A Corporate tax ID (also known as RC 0001) is used for this purpose. Every corporation must obtain a corporate tax ID with CRA.

A GST number is a formal number that's required before you can start charging GST as a freelancer, self-employed individual, or small business owner. Even if you meet the requirements to charge GST you can't begin to charge it unless you've formally received your GST number.

It is quite common for business owners to employ family members or independent contractors. In these cases, the corporation pays the salary to the employee through a CRA payroll account.

In order to hire an employee in BC, businesses must create an account with the WorkSafeBC (WSBC). The WSBC is the compensation Board for Workplaces that are regulated by the provincial government. It's important to set up an account now, even if you don't plan to hire anyone in the immediate future.

You can add an operating name (trade name, also known as DBA) to your numbered company at any point of time.

Yes. You can put a specific name to a numbered company or change the name of an existing named company in any point of time. The name change is done through the articles of amendment and may may costs few hundred bucks.

A Name pre-approval (also known as name request) is required for the use of any name (other than a person's given name) as the name of a company (proprietorship, partnership, society, cooperative or corporation). The name request is the first step in the process of registering a business name with the Province of BC. Please Click here to see the sample.

Every company must include one of the legal endings provided by the government after the name of the business. These suffixes are synonymous and it is up to you to pick which one looks best with the name of the company.

A business located in B.C. and engage in the sale or lease of taxable commodities, or offer software or taxable services, is required to register for PST collection. This need to register may also extend to businesses residing outside of B.C. The PST number you're assigned will consist of 11 characters and follows this pattern: PST-1234-5678

Business listing on Google allows you to share business information and images related to your product, service, location, opening hours, price, and merchandise. Data from your Google Business Profile shows up in Google Search, Google Maps, and Google Shopping.

As a standard part of our service, we don't retrieve the draft version from the government's system, nor do we dispatch it to our clients. If you desire to check the draft prior to the ultimate submission, you can select this feature. Be aware that the draft copy is dispatched to your email in accordance with the chosen service speed. If we don't receive your approval within an appropriate period, our agent will proceed with the final submission and then provide you with the pertinent incorporation documents.