Deadline for Filing Annual Return and ISC for CBCA Companies

Deadline for Filing Annual Return and ISC for CBCA Companies Every corporation existing under the Canada Business Corporations Act (“CBCA”) must file its annual return with Corporations Canada every year. Since January 22, 2024, corporations under the CBCA need to file information on their individuals with significant control (ISCs) at the same time as filing […]

Important Changes to the Ontario Business Registry Taking Effect on February 1, 2025

Important Changes to the Ontario Business Registry Taking Effect on February 1, 2025 Effective February 1, 2025, all businesses registered with the Ontario Business Registry (“OBR”) must have a “Company Key” to complete any filings or transactions. This applies even if you use an intermediary to submit OBR filings. What is a Company Key? A […]

Why Incorporate A Business?

Why Incorporate A Business? In Canada there are many ways to carry on a business. The three most common methods are a sole proprietor, a partnership and a corporation. Incorporating your business can provide many advantages, and it’s not limited to larger businesses. Individuals conducting business on their own can also benefit from incorporation. Some […]

How to Incorporate in Ontario and in Canada

How to Incorporate in Ontario and in Canada Ontario businesses have the option to incorporate provincially or federally. While the rights afforded to businesses are similar, this decision is influenced based on where you want the business to operate. Smaller businesses that don’t foresee operating in other provinces tend to incorporate in Ontario. Larger businesses […]