Canada Online Incorporation Service for Only $99,00 plus government fees. Throughout Canada, corporations are the most widely used legal vehicle for operating a business. A corporation has the same rights and obligations under Canadian law as a natural person. Among other things, this means it can acquire assets, go into debt, enter into contracts, sue or be sued, and even be found guilty of committing a crime.

To incorporate a new company in Canada., one or more persons(called “the incorporators”) may form a company by filing articles of incorporation, notice of address and notice of directors with the Corporate Registry Office of its jurisdiction of incorporation.

Companies are owned by their shareholders. Small companies can have a single shareholder, while very large and often publicly traded companies can have several thousand shareholders.