CANADA

Company Formation
Company formation is the process of registering a business as a
limited company at Companies House. As a result, the business
becomes a distinct legal entity. The process is also referred to as
‘company incorporation’ and ‘company registration’.

Starting a business in Canada is easy. You could start your

business tomorrow and be making money by the end of the week.
Registration is not necessary, but depending on business success
you will need to be cautious.

Your business name should not infringe on other businesses that

have the same (or sometimes similar) naming. Riding on someone
else's good name is not a great way to get a legitimate business
going.

If you will make over $30K (not firm on this number; check
Revenue Canada) then you will need to do a provincial registration
of your business.
What is business incorporation?

An incorporated business (exact same thing as a corporation)

is considered to be a legal entity that is separate from its
owners and shareholders. Canadian businesses can be
incorporated at the federal or the provincial level - and I'll go
over the details on that further down. While incorporation isn’t
legally required, it can bring a certain amount of legal
protection for the business owner(s), potentially reduce your
tax liability, and offer other benefits that can help your online
business grow. Deciding on your business structure is an
important part of the business planning process.
The benefits of Company Formation in Canada

1. Continuous existence: A corporation has an unlimited life span; if

you sell the business or shareholders die the business will continue
to exist.
2. Ownership of the business entity is transferable: Because the entity
has an unlimited life span, you can sell your business or plan its
succession easily.
3. Raising money can be easier: Incorporated businesses can sell
shares and equity to drive growth.
4. Tax advantages: Each example is unique, but corporations can
benefit from Canada’s small business deductions. You can also
choose to defer certain tax payments and benefit from new tax laws
or a lower tax bracket.
5. Increase your credibility and business-worthiness: Some businesses
won’t enter into sales or contract agreements with unincorporated
businesses. In which case, incorporation can improve your
credibility and growth potential.
We will help you with Canada Company Formation:

➢ Helpline Group will help you choose the best

company structure.
➢ Our team of experts would assist you with
Company registration services in Canada.
➢ Helpline Group will support you in documentation
and filing of required paperwork.
➢ Our team would acquire the licenses and
approvals from various authorities in Canada on
your behalf.
Legal Structures in Register a Company

1 Limited Liability Company Formation (W.L.L)

2 Branch Office

3 Commercial Agencies

4 Representative Trade Offices

5 General Partnership Company

6 Limited Share Partnership Company

7 Holding Company

8 Public Shareholding Company

9 Joint Venture
 Steps involved in
starting a business in Canada

1. Name your business

2. Get a Business Number (BN) or a NEQ (Quebec
only)
3. Decide to incorporate federally or provincially
4. Register for GST/HST
ABOUT
HELPLINE
GROUP
Founded in 1990, the Oman
Helpline Group has attained
customers’ reliance, trust and
a prestigious market brand
value in less than three
decades for the quality work
delivered by its experienced
professionals. The company
has a presence all over the
world, starting from the Middle
East countries to countries
such as USA, Canada and
India; we are present
everywhere around the globe.
THANK YOU
FOR MORE INFORMATION
www.omanhelplinegroup.com

info@omanhelplinegroup.com