Provincial vs Federal Incorporation in Canada | Canada Incorporation | Ontario Incorporation

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Ontario Business Central

Ontario Business Central

Күн бұрын

Пікірлер: 22
@deborahmurphy8446
@deborahmurphy8446 5 ай бұрын
I was hoping that you included the differences between LLC vs anything indicator of limited liability registered business
@OntarioBusinessCentral
@OntarioBusinessCentral 5 ай бұрын
LLC is a term in the US for a specific type of incorporation offered in that country. LLC stands for limited liability corporation. In Canada, any incorporation offers you the liability protection
@glowaxis
@glowaxis 11 ай бұрын
Great info 👌🏽🙏🏽
@OntarioBusinessCentral
@OntarioBusinessCentral 11 ай бұрын
Thanks for watching!
@satyasibadas
@satyasibadas 2 жыл бұрын
Please let me know what it mean Alberta job offers must be from an Alberta employer: that is incorporated or registered by or under an act of the legislature of a province, territory or the Parliament of Canada and that is operating an established production capacity, plant or a place of business in Alberta, and
@OntarioBusinessCentral
@OntarioBusinessCentral 2 жыл бұрын
Hi Satyasaiba, thank you for your inquiry. A corporation can exist in one jurisdiction and have job to do in another. Its only when a corporation takes a physical address for the corporation that the corporation must register within that jurisdiction. In this circumstance, perhaps the employer has work in Alberta but does not reside in the Province.
@ryansolomon7922
@ryansolomon7922 Жыл бұрын
Its frustrating to hear all options described with Canadian context only as if the business exists here only. How does each option protect your business name from being used in the US and the rest of the world? Other than that, there seems to be no real difference whatsoever as I can't fathom any future business owner concerned about an extra 00 bucks or a bit of paperwork.
@OntarioBusinessCentral
@OntarioBusinessCentral Жыл бұрын
Hi Ryan, lots of people ask this question. No matter where you incorporate, you only have name protection within that jurisdiction no matter where you are in the world. Large corporations that have physical locations in multiple jurisdictions will incorporate or branch into those jurisdictions. You can look at completing a trade mark in Canada and the US as this is an overall protection. A federal Incorporation provides the best name protection in Canada when incorporated. There isn't a global incorporation available. Each country has its own requirements separate from each other. I hope this assists you.
@Justcallmeshaz
@Justcallmeshaz 2 жыл бұрын
So I registered my business last year as a sole proprietorship. How do I go about incorporating it federally, and what all do I need?
@OntarioBusinessCentral
@OntarioBusinessCentral 2 жыл бұрын
Hi, thank you for your inquiry. You can complete the federal incorporation. There is no tie between your registered business and incorporating outside of seeing you have already registered it when we search the corporate name. We will ask you to confirm the registered business and as long as there aren't any other conflicting businesses, we can complete the federal incorporation easily for you. Here is the link for the federal incorporation www.ontariobusinesscentral.ca/incorporate-canada-federal.php
@rutvijgajjar5172
@rutvijgajjar5172 2 жыл бұрын
If I register my business as federal corporation, do I need to additionally register it provincially too?
@OntarioBusinessCentral
@OntarioBusinessCentral 2 жыл бұрын
HI Rutvij, yes you do. Whatever Province you are registered in, you will need to bring your corporation into the province. We assist in Ontario if you need to file your federal corporation into Ontario. Here is the link www.ontariobusinesscentral.ca/forms/ontario-corporation-number.php
@jenniferafanador4856
@jenniferafanador4856 Жыл бұрын
Hello there, Thank you very much for the valuable information in this video. I want to register a corporation to sell products online, I live in Ontario but my products will be sold in the USA and in the near future in Canada too. Should I incorporate the corporation at the federal and provincial level as well? Thank you.
@OntarioBusinessCentral
@OntarioBusinessCentral Жыл бұрын
You can do either. The federal incorporation provides a higher level of name protection if you wish to have a physical address in other provinces outside of Ontario. If your business will operate in Ontario, the Ontario incorporation may suite the purposes. We can assist you with either. If you wish to discuss further, please feel free to reach out to me at laura@ontariobusinesscentral.ca
@Shiva-Rapol
@Shiva-Rapol 5 ай бұрын
Hey Jennifer! I’m in the same boat as you and planning to sell my products on Amazon USA (FBA) from Canada and also sell in Canada in near future. Could you walk me through on which option you chose? Also how did you register for an LLC and bank account in USA? Any information is appreciated. Thanks in advance.
@aqsaharoon9170
@aqsaharoon9170 2 жыл бұрын
I still don't understand, why would a business want to incorporate only Provincially rather than Federally?
@OntarioBusinessCentral
@OntarioBusinessCentral 2 жыл бұрын
For many incorporators, they want to incorporate within their home jurisdiction. There are complexities to the federal such as having to register within the Province of operation that does not exist with the provincial incorporations.
@jgatien2008
@jgatien2008 Жыл бұрын
@@OntarioBusinessCentral I'm also still unsure, even after your response. Why would a company want to incorporate federally?
@OntarioBusinessCentral
@OntarioBusinessCentral Жыл бұрын
@@jgatien2008 Usually, people register federally when they intend for the corporation to reside in more than one jurisdiction or when they want to have advertising across Canada.
@jgatien2008
@jgatien2008 Жыл бұрын
@@OntarioBusinessCentral Thank you
@mramir3501
@mramir3501 2 жыл бұрын
Hello sir I'm a refugee from Afghanistan and living in Indonesia. I want you to help me please
@OntarioBusinessCentral
@OntarioBusinessCentral 2 жыл бұрын
I believed we discussed by email but if you have any additional questions, please let me know.
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