The ministry charges $300 for filing articles of incorporation electronically and you will also have to pay whatever the service provider charges for its online services. In BC, there are three choices of legal ending: Limited (Ltd.), Corporation (Corp.) or Incorporated (Inc.). Read More. It is now technically possible to incorporate overnight. How do I compare a sole proprietorship to a company in British Columbia? Post office box numbers are not allowed. for standard Canadian Federal incorporations. How to incorporate a business. Corporate Registry Email: BCRegistries@gov.bc.ca. For more about business name elements and the types of names you are allowed to create for each form of business, see the instructions section of the Name Approval Request Form . Our standard BC incorporation package is designed for people who want to make sure that they structure their company properly and to receive high-quality legal advice for how to maximally benefit from incorporation. Besides the necessary questions to understand that are described in the frequently asked question “How long does it take to incorporate?”, a corporation needs: Share certificates to evidence ownership of shares in the corporation; As in love, so in business: sometimes you have to get rid of your own corporation. Ready to start? Incorporate an unlimited liability company; Incorporate a community contribution company; Extraprovincial Registrations. A continuation is the term used when a company wants to cease doing … Written by Incorporate BC on August 18, 2016.Posted in FAQ. Some years ago, Paul Simon wrote the song "50 ways to leave your lover". Written by Incorporate BC on August 20, 2016. Steps to Closing Your Nonprofit Organization. Appointing corporate officers is entirely optional, although one or more directors are required. Moreover, the BV is still one of the most popular entities to be used as a holding, ... At least 50% of the statutory directors and directors that are authorized to take decisions (i.e. Do I need a lawyer to incorporate (ie do I need an Incorporation Lawyer)? Learn More from Incorporate BC. Directors and officers must be legal adults. Incorporation in Canada: Where Can You Incorporate? Keep reading or incorporate now. Book Your FREE Consultation. Provide the street address in British Columbia for the company's registered office. The share structure is especially important if you plan on paying yourself with dividends. read more . Choices range from a simple one-class structure to structures with two or more classes of shares, and a variety of share special rights. Incorporating your company federally is a four-step process. Incorporating will take (usually) three or four business days, once we have full information and payment from you. Approvals are valid for 56 days, and can be renewed (at further cost) if they expire. Does Your Canadian Business Need to Charge the GST/HST? What Goods and Services Are GST/HST Exempt or Zero-Rated in Canada? Getting a named company incorporated to the point of existence takes usually four or five business days once we receive complete incorporation instructions. What Is the Canadian Harmonized Sales Tax (HST)? Undertaking the process of incorporation by yourself is an excellent way to save the cost of hiring a corporate lawyer. An overview of what a C corp is, the advantages and disadvantages, and how to incorporate. How Long Will You Wait for a Canadian Tax Refund? How long will it take to Incorporate in Alberta? British Columbia is an excellent choice choice for a Canadian corporation because the BC Business Corporations Act allows for non-resident directors and provides more flexibility than any other jurisdiction in Canada. 0 0. Filing timelines vary according to the provincial or federal government processing times. An incorporated business (exact same thing as a corporation) is considered to be a legal entity that is separate from its owners and shareholders. Book a free consultation with us to incorporate in Vancouver, BC … (Does not include a full NUANS search, a computerized algorithm search, which can be ordered as an extra. Most of our business is done by e-mail and phone. A number name corporation can be completed same day, once information and payment are received and confirmed. Below are the basic steps for forming (incorporating) a company in B.C. On this page. How to Incorporate a Business in British Columbia by yourself. Foreign entrepreneurs and businesses can incorporate a subsdiary corporation for their Canadian operations, either federally or provincially. How to Incorporate in BC. Infringement can result in a lawsuit against your corporation for damages or cause you to lose the right to use the name you chose for your corporation. 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