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2.1. Main Formation Requirements

The establishment of a corporation in Canada is fairly simple. The following outlines the basic requirements for incorporation:

  • Conduct a name search report, unless accepting an assigned generic numbered corporation name, such as 123456 Canada Inc. - the filing for incorporation must be done with 90 days of obtaining a name search report
  • File for federal incorporation and provincial registration via Industry Canada’s online Electronic Filing Center, which includes the submission of:
    • Form 1: Articles of Incorporation
    • Form 2: Initial Registered Office Address and First Board of Directors
    • Provincial Registration Form
  • Select the required Canada Revenue Agency (CRA) accounts, including corporate income tax, and goods and services tax/harmonized sales tax, which is done at the same time as filing for incorporation

The process for incorporation can be done in one day, with the business number sent to the corporation in 5 days.

When also registering at the provincial level, the process can be completed at the same time as federal registration for the provinces of Ontario, Newfoundland and Labrador, Nova Scotia and Saskatchewan. For other provinces, registration is done separately.