incorporating a business in bc

Choosing between federal incorporation and provincial/territorial incorporation. companies and organizations through Name Request Online 2. How to incorporate a business. Ltd), you do not need a name approval and reservation. To ensure the public is not confused or misled by similar … Learn how to continue your company into B.C. This digital assistant cannot advise you on your personal situation, and conversations are not monitored. To incorporate a B.C. Click or tap to ask a general question about COVID-19. Liability is one of the more common reasons why people choose to incorporate their small business in Canada. has declared a state of emergency. This separate entity is called a “company” or “corporation”. Get your quote now. If you incorporate provincially, you may have to register and file additional paperwork before you can do business in another province. BC Registries and Online Services staff are available to advise you on how to complete filings that satisfy the requirements specified in legislation. Have you asked yourself if you should incorporate your business? You can read more about those benefits in the Appendix at the end of this article, but there are a few reasons people specifically want their businesses incorporated in B.C. You will need the incorporation number when you file other documents with us. File a BC Annual Report: File an Extraprovincial Annual Report: File a change to a company's office addresses: File a change to a company's directors: File an Incorporation Application: File a Continuation Application: Register an Extraprovincial Company: Unlimited Liability Company Filings: Community Contribution Company Filings If you choose to use the incorporation number as the company’s name (for example 0123456 B.C. To ensure the public is not confused or misled by similar corporate names, new corporate names must be approved by BC Registries and Online Services. This means only the assets held within the company could be in danger. Please do not enter personal information such as your name, contact information, or identity numbers. The articles are the rules for the company, shareholders, directors and officers and they become part of the company’s formal records. An incorporation agreement must be signed by each person (incorporator) forming the company. The minimum number of Directors is one (1), with a maximum of ten (10). A company that has been incorporated outside of B.C. Save time and money by researching your preferred name choices before you apply. limited company To see these again later, type "popular topics". Please do not enter personal information such as your name, contact information, or identity numbers. If you need to customize the articles, please seek legal advice. Call toll free: 1 … The agreement becomes part of the company’s records and must contain: There is no need to file the Incorporation Agreement online. Search Corporation Canada's NUANS (Newly Updated Automated Name Search)database to review names used across Canada as well as in B.C. Incorporate BC breaks down the benefits of incorporating and the cons, making the decision easier on whether or not incorporating in Canada is … Our response to COVID-19 | B.C. Quick, easy and guaranteed. Step 1: Name your corporation; Step 2: Create your articles of incorporation; Step 3: Establish the initial registered office address and first board of directors; Step 4: Submit and pay the fee; Note Hello, I am your COVID-19 Digital Assistant! Once your corporation has been filed with the BC Government, the BC Government will automatically forward your information to the Federal government that will create and forward to you by mail a business number for your corporation. The best way to make sure the name you want is not already active is to perform an official search through a NUANS report. You can incorporate your business at the federal level with Corporations Canada or incorporate in a specific province or territory with the provincial/territorial government.. To ensure you have all the information you need before you start the online application, we recommend you fill out a paper copy of the application first. Questions about the collection of information can be directed to the Manager of Corporate Web, Government Digital Experience Division. Incorporation. No. Questions about the collection of information can be directed to the Manager of Corporate Web, Government Digital Experience Division. There are several benefits to incorporating … We are business start-up lawyers who specialize in incorporations. Phone lines are open Monday through Friday, excluding statutory holidays, from 8:30 a.m. to 4:30 p.m. Pacific Time. Click or tap to ask a general question about COVID-19. may register to continue their business (continue their company) outside of B.C. On this page. Why incorporate in British Columbia? You will need your Business Number when applying for a GST number or other accounts at Canada Revenue Agency or the Ministry of Finance. B.C. {"type": "chips","options": [{"text": "Financial supports"},{"text": "COVID-19 vaccine"},{"text": "Travel restrictions"},{"text": "Case counts"},{"text": "Call Centre information"}]}, Employment, business and economic development, Birth, adoption, death, marriage and divorce, Environmental protection and sustainability, Emergency Preparedness, Response & Recovery, Incorporating a Community Contribution Company, Incorporating an Unlimited Liability Company, Find  a copy of the standard set of articles (Table 1), See sample incorporation agreement adopting the Table 1 Articles, Go to Corporate Online to complete the application, The agreement of each incorporator to take one or more shares of the company, The signature of each incorporator opposite their full name and the date each incorporator signed the agreement. Phone lines are open Monday through Friday, excluding statutory holidays, from 8:30 a.m. to 4:30 p.m. Pacific Time. Incorporate online for … Enter your email address if you would like a reply: The information on this form is collected under the authority of Sections 26(c) and 27(1)(c) of the Freedom of Information and Protection of Privacy Act to help us assess and respond to your enquiry. Enter your email address if you would like a reply: The information on this form is collected under the authority of Sections 26(c) and 27(1)(c) of the Freedom of Information and Protection of Privacy Act to help us assess and respond to your enquiry. With the right help on hand, you’ll be able to reap the full benefits of your business becoming a separate legal entity from its owners and directors. There is no restriction on the business that the Corporation may carry on. To see these again later, type "popular topics". The Business Corporations Act, section 120 states a company must have at least one director. 's immunization plan. Keep reading or incorporate now. A company incorporated in B.C. There are other steps that must be considered, such as setting up minute or records books, establishing a central securities register and issuing share certificates as well as ongoing reporting requirements such as Annual Reports, Change of Directors, address changes. Incorporating a Business in British Columbia through a Corporate Lawyer The most guaranteed method of incorporation is using a lawyer, and this option is also the most expensive. Which one you choose depends mainly on whether or not you intend to do business in more than one province. It is no longer a requirement that there be a resident BC director or that the majority be resident in Canada. The incorporation number is assigned by us at the time the incorporation application is filed. Search for existing business and organization names online or retain the services of a qualified service provider to do this for you. If you cannot file the application electronically, you can file through BC OnLine if you are an account holder or prepare the paper forms and contact a law firm or registry agent to submit the forms for you. The decision to incorporate depends on the specific needs of … For assistance filing documents, you may also contact BC Registries and Online Services' preferred legal service provider Dye & Durham. 1. For assistance filing documents, you may also contact BC Registries and Online Services' preferred legal service provider Dye & Durham. A director must be an individual. Online company registration service to easily start a business in BC, Canada. Learn why incorporating a company in BC could be the right move for your goals. Learn how to continue your company out of  B.C. By filing a continuation application, the company retains its corporate history and nine-digit number in the new jurisdiction. Incorporating a business means to create a separate legal entity to carry on your business. unlimited liability company : Basic fee; $1000.00: Name approval fee; $30.00: Total: $1030.00: To convert a special Act corporation to a B.C. Companies can officially incorporate, or they can register as a sole proprietorship or a partnership. Check with the law firm or registry agent regarding additional fees. A company that is a public company (also known as a reporting issuer) must have at least three directors. A bank account, the bank may also ask to see these again later, type popular. Are several benefits to incorporating … We are business start-up lawyers who specialize in incorporations well as in.! A name Approval and Reservation the time the incorporation number is assigned by us at the Federal level Corporations. Incorporator ) forming the company retains its Corporate history and nine-digit number in event... Whether or not you intend to do business in another province 1 of company! Transfer the company to another jurisdiction personal information such as your name, contact,! Who specialize in incorporations ’ s records and must contain: there is no longer a requirement that there a! Can pay by credit card be directed to the Manager of Corporate,... In to B.C. carry on have to register and file additional paperwork before you apply entity to carry your! To get a NUANS or Saskatchewan name search report if the BC company will a! Incorporate in a specific province or territory with the provincial/territorial Government Federal level with Corporations Canada incorporate! Is one ( 1 ), you do not provide business or legal advice could in! Lines are open Monday through Friday, excluding statutory holidays, from 8:30 a.m. to 4:30 p.m. time... Online service will assist you in getting your BC business license must be by... 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