Canada Company Registration

Canada Company Registration

Register a Company in Canada from India

Expanding your business to Canada from India is now seamless with Tax Pal Solutions. We guide Indian entrepreneurs and NRIs through every step of the registration process, legal formalities, documentation, and compliance, ensuring a smooth cross-border expansion.

Key Highlights:

• Quick Company Incorporation
• Support for NRI Documentation
• Full Compliance with Canadian Business Laws
• End-to-End Legal & Advisory Assistance
• Trusted by 500+ Businesses

What is Company Registration in Canada?

Registering a company in Canada means creating a legal corporation. Your business can be registered at the federal level (nationwide) or provincial level (specific province). Once incorporated, your business becomes a separate legal entity, capable of owning property, signing contracts, and protecting personal assets.

Key Documents:

Benefits of Starting a Company in Canada

For Indian entrepreneurs, Canada offers strategic advantages for global business growth.

1. Access to North American Markets

• Tariff-free trade with the USA & Mexico (CUSMA Agreement)
• Easier cross-border operations and customs
• Preferential access to ~500 million consumers

1. Stable Economy & Strong Currency

• Predictable financial environment
• Canadian Dollar (CAD) stability

1. Favorable Tax Rules

• Low small business taxes (first CAD 500,000)
• R&D credits via SR&D program
• Provincial tax incentives for technology, manufacturing, and green energy

1. Skilled & Diverse Workforce

• Access to educated and multilingual professionals
• Workforce familiar with global markets

1. High Quality of Life

• Excellent healthcare, education, and safety
• Immigrant-friendly policies for entrepreneurs and families

Canada-India Trade Relations

Canada and India maintain strong trade relations, with CAD 10 billion in goods exchanged annually.

Eligibility for Company Registration

Non-residents can establish a business in Canada, subject to eligibility criteria:

• Business Structure: Corporation recommended for limited liability
• Federal vs Provincial Incorporation: Federal requires 25% Canadian directors; some provinces do not require resident directors
• Essential Requirements: Unique business name, registered office address, agent for service (if no resident director), Articles of Incorporation, CRA registration

Extra-Provincial Registration: Existing foreign companies can register as a branch in Canada.

Immigration Note: Ownership does not automatically grant work rights; work permits or Start-up Visas are needed.

Choosing the Right Business Structure

1. Sole Proprietorship:

• Simple, low cost, full control
• Drawbacks: Unlimited personal liability, limited growth

2. Partnership:

• Shared ownership with legal agreements
• Drawbacks: Personal liability in general partnerships, residency requirements

3. Corporation (Recommended):

• Separate legal entity, protects assets
• Federal vs Provincial incorporation differences:

4. Cooperative:

• Member-owned, common in agriculture and retail, less common for foreign owners

Step-by-Step Company Registration Process

1. Choose a Unique Business Name

• NUANS Report required for federal registration
• Must include legal element (Inc., Ltd., Corp.)

1. Appoint Directors

• Select province carefully to meet residency requirements

1. Arrange a Registered Office Address

• Physical Canadian address required (virtual office possible)

1. Decide Federal or Provincial Incorporation

• Federal: Nationwide name protection
• Provincial: Faster, cheaper, and no resident director in some provinces

1. Prepare & File Articles of Incorporation

• Include corporate name, address, directors, share structure, and restrictions

1. Obtain Business Number (BN)

• Required for corporate taxes, GST/HST, payroll

1. Register for Licenses & Permits

• City-specific, industry-specific, and provincial regulations

Required Documents for Indian Applicants

Individuals:

• Notarized passport copies
• Proof of address (utility bill/bank statement)
• CV/Resume of directors

Existing Indian Company (Branch/Subsidiary):

• Certificate of Incorporation
• MOA & Articles of Association
• Board Resolution approving Canadian setup

Costs for Company Registration

Bank Account Opening: Major banks like RBC, TD, Scotiabank, BMO, CIBC. Non-residents may need to visit Canada for account setup.

Funding Options: Personal funds, Canadian loans, venture capital, angel investors, government programs.

Post-Registration Compliance

• Maintain Minute Book
• File Annual Returns
• Keep corporate records updated
• Manage Corporate Taxes: T2 return, GST/HST, payroll taxes
• Protect Intellectual Property: Trademarks & copyrights

Immigration Options

1. Start-up Visa Program: Innovative business, financial support, Letter of Support required
2. Self-Employed Persons Program: Cultural or athletic contribution
3. Provincial Nominee Programs (PNPs): Minimum net worth, investment, business plan, job creation

Company Registration Certificate

Your Certificate of Incorporation confirms your business exists legally in Canada and is required for banking, permits, and taxes.

How to Download:

• Federal: Sent via email by Corporations Canada
• Provincial: Available in provincial online portals (Ontario, BC, etc.)