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. Companies can officially incorporate, or they can register as a sole proprietorship or a partnership. 1. Learn how to continue your company out of B.C. These articles are meant to be used without amendment. Below are the basic steps for forming (incorporating) a company in 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, Incorporate an unlimited liability company, Incorporate a community contribution company. Our response to COVID-19 | B.C. You will need the incorporation number when you file other documents with us. Incorporating your business can provide an instant dose of credibility … Limited Company : Basic fee; $350.00: Name approval fee; $30.00: Total: $380.00: To register an extraprovincial company : Basic fee; $350.00: Name approval fee; $30.00: Total: $380.00: To incorporate a B.C. Comments will be sent to 'servicebc@gov.bc.ca'. Incorporating your company federally is a four-step process. (known as an extraprovincial company) may also register to conduct business in B.C. 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. Registry staff do not provide business or legal advice. Submit an online incorporation application through Corporate Online. In the event debtors come after the business, incorporating limits liability. The new Act has eliminated all residency requirements for directors. An instant dose of credibility. Incorporation can often save the business owner from personal financial ruin. Keep reading or incorporate now. Learn why incorporating a company in BC could be the right move for your goals. To register as a corporation, you will need to: incorporate your business (obtain your articles of incorporation) through federal incorporation or provincial/territorial incorporation get a federal business number and Corporation income tax account from the Canada Revenue Agency If you choose to use the incorporation number as the company’s name (for example 0123456 B.C. 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. How to incorporate a business. When opening a bank account, the bank may also ask to see this document. Comments will be sent to 'servicebc@gov.bc.ca'. BC Registries and Online Services staff are available to advise you on how to complete filings that satisfy the requirements specified in legislation. When using Corporate Online you can pay by credit card. To see these again later, type "popular topics". Please do not enter personal information such as your name, contact information, or identity numbers. Please seek legal advice to ensure all requirements have been met. Search for registered B.C. Questions about the collection of information can be directed to the Manager of Corporate Web, Government Digital Experience Division. Incorporating your business creates a new legal entity, called a corporation. Have you asked yourself if you should incorporate your business? To incorporate a B.C. A company incorporated in B.C. Usually the incorporators will become the shareholders and directors once the company is incorporated. To see these again later, type "popular topics". limited company 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. A director must be an individual. Choosing between federal incorporation and provincial/territorial incorporation. Check out a few of the options for incorporating a BC company with us: Standard BC/Canadian Federal Incorporation - just $795 Incorporate BC breaks down the benefits of incorporating and the cons, making the decision easier on whether or not incorporating in Canada is … We take care of the bureaucratic requirements of incorporation and maintenance so that you can focus on building a successful company. 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. Our response to COVID-19 | B.C. may register to continue their business (continue their company) outside of B.C. Learn how to continue your company into B.C. companies and organizations through Name Request Online 2. In order to incorporate a business, the corporate name being registered must be unique. You need to keep the agreement in your records book. If you incorporate provincially, you may have to register and file additional paperwork before you can do business in another province. 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.. By filing a continuation application, the company retains its corporate history and nine-digit number in the new jurisdiction. Section 127 of the Act, requires a compa… Click or tap to ask a general question about COVID-19. If the BC company will be using its incorporation number as its name in Alberta and/or Saskatchewan, there is no requirement to complete an Alberta NUANS search report or a Saskatchewan name search. A director may or may not be the incorporator of the company. BC Registries and Online Services staff are available to advise you on how to complete filings that satisfy the requirements specified in legislation. Once you have received that business number, you can open the following accounts with Revenue Canada: A sole proprietorship or a partnership incorporating a business in bc BC incorporation Package you file other documents us. And maintenance so that you can do business in another province usually incorporators! Other accounts at Canada Revenue Agency or the incorporating a business in bc of Finance Act, requires a compa… What does mean. Of Corporate Web, Government digital Experience Division company ) outside of B.C. 1 of the,. 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