Most Popular and Saving Package(1)- Name Search (NUANS)+Free Form ($45 only)
1. NUANS report (including pre-search for free for three times)
2. Articles of Incorporation (FROM 1) for free (2 copies)
Fastest and Easiest way to get a NUANS Report in 20-30 minutes?
(1) put the proposed company name in “message” box on right side and tell us
ONTARIO or FEDERAL NUANS Report you are requesting
(2) click “send” button
(3) choose “Name Search $45.00 CAD” on right side
(4) click “buy now”
(5) the requested NUANS Report will be sent to you in 20-30 minutes by email as soon as
we get your payment of $50.85($45+HST)
Most Popular and Saving Package(2) -Business Registration
1. NUANS report (including pre-search for free for three times)
2. Business registration on both Federal and Provincial
3. HST, Payroll, Import & Export, Corporation tax accounts application for free
4. Important letters from government reviewing for free
5. Address change for free (once)
6. Bank charge for free for 3-6 months if choose TD Bank in particular FOUR locations
Canada is a great country to start a business. In particular, Ontario is Canada’s richest market with a population of 12.5 million and the country’s highest personal incomes. Under Ontario’s Business Names Act, fines of up to $2,000 can be levied against individuals and up to $25,000 for corporations for failure to register or for registering false or misleading information. Due to above reasons most people needs to register a name for their new business to prevent penalties).
NUANS is a computerized search system that compares a proposed corporate name or trade-mark with databases of existing corporate bodies and trade-marks. This comparison determines the similarity that exists between the proposed name or mark and existing names in the database, and produces a listing of names that are found to be most similar)
All Named Company Incorporations in Ontario require you to have completed a valid nuans search report in the last 90 days. Please rember that the legal name and trade name are not same thing for a business
Search a trade mark in the NUANS® database what is the property of Government of Canada. It will compare the name you’ve entered for search with similar names with possible conflicts. The result will return you a list of names which are already registered, so you can select your name making it distinguished from the other names.
Non-profit corporation is a legal entity separate from its members and directors formed for purposes other than generating a profit to be distributed to its members, directors or officers. While, a non-profit corporation can earn a profit, the profit must be used to further the goals of the corporation rather than to pay dividends to its membership. Non-profit corporations are formed pursuant to federal or provincial law. A non-profit corporation can be a church or church association, school, charity, medical provider, activity clubs, volunteer services organization, professional association, research institute, museum, or in some cases a sports association. Non-profit corporations must apply for charitable status to benefit from tax-exempt status and to issue tax deductible receipts to donors.
Non-profit corporations are distinct from business corporations which are formed to make a profit and to distribute the profit to its shareholders. Business corporations are regulated by either federal or provincial laws.
There are two types of incorporation in Canada; provincial and federal incorporation.The main difference between the two is that federal incorporation gives your business increased business name protection and wider rights to carry on business. Federal incorporation of your business means that you will be able to do business all across Canada under the same business name, even if some other company is already using a similar name in some province or territory.
When you incorporate your business in a particular province or territory, you are only entitled to operate your business in that jurisdiction and have no name protection outside that province or territory. If your business is and plans to be operating primarily within one province, provincial incorporation may be enough for you
With this type of business organization, you or you and your partner would be fully responsible for all debts and obligations related to your business and all profits would be yours alone to keep. As a sole owner of the business, a creditor can make a claim against your personal or business assets to pay off any debt.
Almost all businesses in Canada must register their business names in their respective provinces or territories except for sole proprietorships that use only the owner’s legal name with no additions. Master license required if you running your business in Ontario
Whenever one of the owners or directors of your business changes, it is important that you must report the change to government. Depending on the structure of your business, a change of whether number or name(s) of director could trigger a legal name change or require the registration of a new business number and CRA accounts.
Articles of Amendment are used to make important changes to a corporation by amending its Articles of Incorporation. These changes include the changing of legal name of the incorporation; number of directors required and the share capital of the corporation
Correct address information is crucial to your business accounts since it affects such things as the mailing of notices, returns, and remittance forms. Mailing addresses also determine the office of responsibility of an account.
Your business accounts could be: GST/HST, payroll, corporation, import/export, registered charity, or any other business account.
When a corporation is no longer active, the corporation may choose to voluntarily dissolve. In some cases, the Ministry of Government and Consumer Services may cancel a corporation (involuntary dissolution).
When you’re closing a business, you need to cancel your business name or dissolve your corporation and close the relevant Canada Revenue Agency and provincial tax accounts. Otherwise, with no evidence to the contrary, your business officially continues, and you end up having to continue to file various tax returns
“Revival” is legally reforming a corporation after it has been dissolved. Following its revival, a corporation keeps the same business number (BN) as before it was dissolved.
(Corporation Tax): Being a separate legal entity, a corporation pays corporate income tax, which is calculated completely separately from the owners’ personal income tax. If the corporation pays wages to the shareholders, income tax and Canada Pension Plan contributions, and sometimes EI premiums, must be deducted and remitted to CRA.
(Personal Income Tax): If you have to pay tax or have earnings on which CPP contributions must be paid, you must file a tax return. You must include your worldwide earnings in your taxable income. You will usually have to pay tax if your taxable income exceeds the amount of the basic personal exemption. If you have net self-employment income or pensionable employment income in excess of $3,500, you may have to remit CPP contributions.
Either Goods and Services Tax (GST) or Harmonized Sales Tax (HST) is charged in all provinces and territories. As well, in some non-HST provinces, provincial sales taxes are charged on retail sales of many goods and services. In all provinces except Québec and Prince Edward Island, this tax is charged on the selling price of the item before GST or HST is applied, thus avoiding PST being charged on GST/HST. In addition, payroll account and import & export account required you pay your employees or importing&exporting some goods
When you decide to close your business (a sole proprietorship, a partnership, or a corporation) and no longer need your business number (BN), you have to complete certain forms before the account can be closed. Please be advised each business account has its own procedures (remitting and filing obligations).
Generally, you need to complete a T4 and T4A slip if you are an employer and you paid your employees employment income, commissions, taxable allowances and benefits, fishing income, or any other remuneration
WSIB is often called “Workers Compensation” and covers many but not all workers in Ontario. WSIB is funded by Ontario employers.
WSIB benefits include money, some health care benefits, prescription drug coverage for medications that are related to the work injury, some counselling and some funeral benefits. There are different types of WSIB benefits for workers, their “survivors”, funeral and other costs. The WSIB rules are very complicated so it is a very important to get legal advice right away about your WSIB claim.
You can appeal most WSIB decisions. The time limit to appeal WSIB decisions can be as short as 30 days so you should get legal advice right away.
(ROE Web for Employers): You are responsible for completing ROEs for a small, medium or large business. Service Canada encourages you to submit your records of employment electronically.
(ROE Web for Payroll Service Providers): You are an accountant, bookkeeper, or small or large payroll processor. You can submit records of employment electronically on behalf of your clients
Many new businesses will need to get business licenses before they can operate legally within their municipalities. You may also need other licenses and permits depending on what kind of business you’re starting. Canadian government website is a really useful tool for finding out what permits and licenses you’ll need to do business. Available in most provinces and territories