Creating business name and registering the business in Ontario . What you need to know?
How to Create a Business Name in Ontario for your Corporation
Ontario is one of several Provinces in Canada which requires a NUANS report to be completed and provided with the Articles of Incorporation documents to start your business. A NUANS report is created using the business name you wish to incorporate and operate under. It lists any existing businesses across Canada, including trademarks, Incorporations and registered businesses. The mandatory NUANS report can be ordered simply through this link for $24.99 to secure your business name before incorporating. It is also recommended that you complete a preliminary search for more than one business name(s) you may wish to use for availability. You can search 1 business name for $10.00 or three for $20.00. The NUANS report also provides you with the ability to search the business name as part of the ordering process. If the name is available, the NUANS report is ordered. If the name is not available, you can provide a new name at no additional cost.
How Much Does it Cost to Register a Corporation in Ontario?
In Ontario, there is a one time fee for incorporating a company with the government. The articles of Incorporation establish the rules the corporation functions under and the certificate of Incorporation certifies the articles of incorporation. These documents form the by-laws that regulate the operation of your corporation. Careful consideration and expertise should be used to ensure the corporation is set up in a manner to allow you to achieve the goals that have been established for the new corporate entity.
Our fee to assist you in preparing and filing the Articles of Incorporation starts at $1,000.00 plus applicable taxes and includes Provincial registration fees, assistance with your organizational structure as well as, your Corporate Minute Book, Corporate Seal(Optional), Resolutions, By-laws, Organizational Meeting(First meeting of the Board of Directors), Provincial Officer reporting, share issuance and more.
With our incorporation process, you can choose the class of shares for your corporation. One class of shares provides each shareholder with the right to vote. Another class of shares can permit non-voting investor shares. We can assist you to structure your shares to your specific needs.
Domain and Social Media
With the assumption that any business created will have online exposure whether or not, a website is created, it is important to ensure that the proposed business name is available in whatever social media outlet you intend to represent the business through.
For more information about our tax services, feel free to reach out to our experts at Watterson Financial Solutions Inc To connect with us, you can either call us at 647-403-5381 or email us at robert@wattersonfinancial.com. We are a team of dedicated accounting and finance professionals, and we cater to the needs of individuals and business owners. We specialize in all areas of tax, accounting, assurance, succession planning, risk management, and business consulting. That way, we can give you full control over your finances. We also provide business advice to companies in different industries so you can become tax-efficient and transition your business into the new economy.
For more information about our services, please click here or get in touch with us by clicking here.
Valuable blog posts: Our blog is updated regularly with accounting advice, valuable tools, product/service information, and accounting trends.
Unmissable promotions: From time to time, we’ll share our most exclusive promotions with our newsletter subscribers. Don’t miss out!
We promise we won’t overload your inbox! Watterson Financial Solutions Inc’ email newsletter is sent out bi-monthly with only the most relevant content for you.
With several years of experience, Watterson Financial Solutions Inc is a leading accounting firm in Mississauga, Ontario. Our services include personal tax planning, business registration, business setup and consulting, bookkeeping and accounting, payroll, WSIB, HST, corporate tax, assurance, disability tax credit program, budgeting and forecasting services, insurance, mortgages, investments, real estate and legal services, business valuation services, estate planning services, litigation support and damage quantification services.
To learn more about what we do, please click here, or get in touch with us by clicking here.
Sign up for our newsletter now to stay in touch with us. Register here!
Personal Tax Planning | Business Registration | Business Setup & Consulting | Bookkeeping & Accounting | Payroll, WSIB, HST | Corporate Tax | Assurance | Disability Tax Credit Program | Budgeting and Forecasting Services | Insurance, Mortgages, Investments, Real Estate & Legal Services | Business Valuation Services | Estate Planning Services | Litigation Support and Damage Quantification Services | Staunch IT Consultants |
Share This News