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Compare Canadian incorporation services on cost, federal versus provincial, what is included and turnaround.
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4 services compared on cost, what is actually included, and how fast you get your articles. Incorporation is a requirement for SR&ED and IRAP funding, which is the most common reason a business discovers it needed to incorporate earlier than it did.
Federal gives name protection across Canada and suits businesses operating in more than one province, at the cost of extra provincial registrations. Provincial is simpler and cheaper if you operate in one province. Neither affects tax rates.
Not for most alternative lenders, who fund sole proprietorships on revenue. You do need it for SR&ED and IRAP, which both require an incorporated Canadian business.
It holds your articles, registers of directors and shareholders, and resolutions. You will be asked for it by any lender doing serious due diligence, by an accountant at year end, and by a buyer if you ever sell. The cheap incorporation packages frequently leave it out.
