canada company formations

CANADIAN PRIVATE COMPANIES(Federal Corporation)

(Fees quoted will be subject to V.A.T. at the current rate)

REQUIREMENTS

  • Minimum of one resident Canadian director - corporate entity not accepted, officer must be an individual.
  • Corporate directors not permitted
  • Company secretary not mandatory
  • Share Capital Requirements - Shares may not be issued unless they have been fully paid up at time of their issue. The minimum share is $1 canadian and can be either with nominal par value or no-par value.
  • Minimum of 1 shareholder, maximum of 50
  • Registered office must be within the jurisdiction
  • Statutory records and registers must be kept at the registered office
  • A Federal Corporation must register in each province where it is to do business (that is, where it has a physical office and where employees work). However the corporation can sell products and services to someone residing in any province without the need to register the corporation to do business in that province.

Incorporation takes approximately 2 weeks.

Fee's
First years costs
Incorporation (incl. initial Govt. State fee + Registered Office/Agent)
 £ 1,800.00
Thereafter, annual expenses are:
State fee for Federal Corporation only £ 225.00
Registered Office and Agent fees £ 600.00 p.a.


MAINTENANCE SERVICES

Fees will be charged for any additional services performed at our normal rates. Such fees are usually based upon time spent with the complexity, urgency and responsibility involved and for work of an unusual or exacting nature.

 

PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007.