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Canada
Incorporation for Non-Residents
Our
experienced and
reputable company offers these services for non-Canadian residents who would like to
incorporate corporations in Canada.
Renewal Fee (payable annually from the second year) - $890
Advantages
of New Brunswick corporation:
Respectable
image of Canadian company
No
requirements of director's residency (could be a resident of any
country)
No
requirements of a minimum authorized capital
No
requirement of issued capital
No
restrictions of quantity issued shares.
Corporate
tax
Corporate
income tax rate is between approximately 35% and 44% depending on whether
the income is from manufacturing and processing or not. All business
expenses including salaries
paid to employees, directors fees paid to directors, contract payments
paid to self-employed individuals, etc. are deductible from corporate taxable
income.
Company
Name
The
proposed name should include a distinctive, descriptive, and legal
elements. Available options for the legal element: Limited, Incorporated,
Corporation, Limitée, Ltd., Inc., Corp., Ltee).
NUANS
Name Search Report must be obtained for the proposed corporate name.
The report confirms availability of the name and reserves it for 90
days.
Restricted
names are ones that may be considered to be misleading, and include, for
example, bank, trust, insurance, trust, stock exchange, etc.
Time-Scale
for Incorporation
The
incorporation of
a company normally takes 5 to 7 business days.
Shelf
Companies
Not
available.
Shareholders
Minimum
number of shareholders - one.
Residency
requirements - no requirements.
Corporate
shareholders - permitted.
Share
Capital
Minimum
authorized - no requirements.
Minimum
shares issued - 1 share.
Bearer
Shares
Not
permitted.
Directors
Minimum
number of directors - one.
Residency
requirements - no requirements.
Corporate
directors - not permitted.
Public
Recording
Shareholders
- no.
Directors
- yes.
Statutory
Accounting Requirements
A
corporation must file a corporation income tax return within six months of
the end of every taxation year.
A
& P Intertrust Corporation provides a full range of accounting
services. We strongly recommend our clients to order those services.
It will help you to keep your company in good standing.
Audit
Canada Revenue
Agency could conduct an audit of the corporation any time at its
discretion.
Annual
General Meeting
Required,
could be in any place inside or outside of Canada.
Registered
Office Address
Must be in New Brunswick.
Provided
by A & P Intertrust Corporation.
Virtual
Office Facilities
Office
facilities for New Brunswick corporations are available
in Toronto, Canada.
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