
Numbered vs Named Ontario Company: Which Should a Non-Resident Choose?
Numbered or named Ontario company? Compare cost, NUANS, branding, banking and privacy, and learn how to add a business name or rename later.

Numbered or named Ontario company? Compare cost, NUANS, branding, banking and privacy, and learn how to add a business name or rename later.

Banks, CRA and buyers will ask for your minute book. What an Ontario corporation must keep, where it is kept and which resolutions a non-resident owner signs.

Federal corporations file owner details with Corporations Canada, and part is public. Ontario keeps the register private. What foreign owners should know.

A federal corporation still registers in each province where it operates. Expanding is the same process for Ontario, BC and federal corporations.

A BC company can have 100% non-resident owners and directors. Step-by-step guide to name, offices, fees, CRA registration and banking, without visiting Canada.

Ontario and BC both allow 100% non-resident directors and owners. Compare fees, tax, sales tax and offices to choose the right province for your corporation.

Since July 5, 2021, an Ontario corporation needs no resident Canadian director. What changed, what did not, and why federal still requires 25%.

Paying a resident director only to meet the federal rule? Continue your federal corporation into Ontario and keep 100% non-resident directors.

A pre-incorporation review answers five questions in order: whether incorporating helps you at all, which jurisdiction, how the shares should be set up, who the directors will be, and which CRA accounts you need. Covers Ontario versus federal, the ISC register, personal services business risk, and the compliance deadlines that follow.

Most of what incorporation gives you is deferral, not saving. You pay the low corporate rate now and personal tax later when the money comes out. Covers the Ontario small business rate, the passive income grind, TOSI, salary versus dividends, and the capital gains exemption on a sale.

Your articles are the corporation’s founding document: name, registered office, share structure, director range and restrictions. Covers what goes in them, Ontario versus federal filing, the $360 and $200 government fees, ordering certified copies, and how to amend them later.

The corporation holds the account, not you. Incorporation takes a day; bank onboarding is where non-residents lose weeks. Covers beneficial ownership at 25%, the ISC register, Schedule I and II banks, FINTRAC identification, CRA program accounts and Part XIII withholding for foreign owners.
Register your corporation legally in Canada with expert filing assistance.
Required NUANS® name search before incorporating.
Corporate address service for privacy and compliance.
Expert T2 corporate tax filing starting at $300.