Canada | Fidulink Support | Company Formation LLC | En

1,999.00

Category:
Description

The package includes the following services:

  • Government filing fees
  • Preparation and validation of the incorporation file (KYC/AML)
  • Name verification
  • Preparation and realization of all the documents necessary for the registration of the company
  • Documents after incorporation
  • Electronic signature
  • Address registered for 1 year (legal address)
  • Government disbursement
  • Presentation Bank assistance
  • Electronic Document Society (pdf)
  • A dedicated agent for 1 year
  • Registry Express formula

DOCUMENTS REQUIRED

For each shareholder and director

  1. Clear scanned color copy of passports for each shareholder (full spread of the passport showing all 4 corners).
    2. Proof of residence less than three months

The Court may request certified copies of the original. Simple to do, contact your notary, a town hall agent in 2 minutes, it’s done.

TIMELINE

Average 7-10 open days instead of 30 days to register your company – The time frame will depend on how quickly the client, bank and registry respond.

Process

Step 1 – We check availibility Trade name [72 hours max instead of 21-27 working days minimum]

We will reserve your trade name and obtain the initial approval required for the issuance of your company.

Step 2 – We prepare your company documents [24h ]

We will prepare your company documents including the Statutes and all set of incorporation documents . All shareholders are required to sign these documents.

Step 3 : Registration Application [24h-72 hours max ]

Step 4 – You receive your COI

You will receive the COI to start your business.

Step 5 – Business Current account opening assistance

Informations about The Limited Company registered in Canada

CANADIAN BUSINESS INCORPORATIONS

FIDULINK Agents offer business owners a user-friendly, do-it-yourself option to follow the steps of incorporating and organizing their business. Our phone and WhatsApp email helpline is available to guide you step by step, from the initial Canadian business name search to final registration and organization of your business.

Once you have completed the “steps” of our online form on our MARKETPLACE, our incorporation specialists will prepare all required documents and complete government declarations on your behalf. You will receive all incorporation documents in a professionally assembled electronic minute book for your signature to make it official. All of this service is available to you for a single fixed price!

REGISTERED ADDRESS RECORDS AND SERVICES

Company Document Management Service

FIDULINK agents provide a convenient and professional business records management service. We will take into account your company’s annual reference date and send you each year by e-mail all the documents you need to comply with applicable company law. This service includes the preparation and filing of your company’s annual report which must be filed with the Corporate Registry each year. It also includes the preparation of shareholder and director resolutions that must be prepared to give effect to your Company’s annual general meeting. Our business records management service takes all the administrative burden out of your business for one annual fee.

Registered Address Service – For BC Companies Only

FIDULINK Agents provide a convenient and reliable registered address and registration service for British Columbia businesses or federally-owned companies headquartered and registered in British Columbia. We will keep your important business records in a safe and secure location in accordance with the provisions of the applicable Business Corporations Act. In addition, we will manage the public inspection of records and notify you of any inquiries regarding such records in a timely manner. As your company’s registered address, we provide a reliable address to receive important legal correspondence and will transmit copies of such correspondence electronically upon receipt. We will also provide you with electronic copies of your business records upon request. This service is offered to you for a one-time annual fee.

OTHER BUSINESS SERVICES

FIDULINK agents offer a wide range of professional services to Canadian businesses.

We would be happy to assist you if you wish to make any changes to your incorporated company.

Some of the services we offer are:

  • Share subscriptions – drafting of documents for new share subscription shareholders, preparation of new share certificates and updating of your social registers;
  • Business name change – reserve your new business name, file name change and update your business records;
  • Stock transfers – drafting stock purchase agreements in accordance with your instructions, issuing stock certificates and updating your company records;
  • Extra-Provincial Registrations – if your business operates in another jurisdiction, we will arrange to register your business with the Registrar of Companies in the new jurisdiction;
  • Trade name registrations – if your business operates under a trade name, we will arrange to reserve your trade name with the company registrar and register the trade name with your business.
  • Directors’ resolutions – prepare the directors’ resolutions you need for the conduct of your business operations.

Q: Is there an advantage to incorporating a federal corporation?

A: Although the jurisdiction of a federal undertaking is pan-Canadian, federal undertakings must comply with provincial legislation wherever they operate. They are required to register in the province(s) of operation. Additional filing fees are therefore applicable for the registration of a federal company in the province or provinces where the company will carry on its activities. These filing fees can be up to $350.00 (British Columbia). Legal fees will also be applicable for services rendered to complete the corresponding registration.

Q: What are the annual requirements for a federal enterprise?

A: A federal corporation must file an annual return with Corporations Canada each year on the anniversary date of the corporation’s incorporation. An annual general meeting of shareholders and directors must also be held or, instead of the annual general meeting, resolutions of shareholders and directors may be prepared for signature by all parties. In addition, an annual return must be filed with the company registrar(s) of all provinces where the company is registered.

Q: Can my provincially incorporated business operate in another province?

A: Yes, operating in another jurisdiction is permitted if your business is registered in that jurisdiction. Each province has different requirements for registering an extra-provincial business. There is an interprovincial trade agreement between British Columbia, Alberta, Saskatchewan and Manitoba, the New West Partnership Trade Agreement (“NWPTA”), which allows companies to register and operate in all these provinces with very few reporting requirements.

NAME YOUR COMPANY

Q: Do I need to have both a distinctive and a descriptive element in my business name?

A: All business names must have a distinctive element. Although it is common for business names to consist of both a distinctive element and a descriptive element.

Q: What is the descriptive element in a business name?

A: The descriptive element of a corporate name is the part of the name that indicates the nature of the business activity (for example, Starbucks Coffee Shop). The descriptive element can be specific like “Coffee Shop” or it can be more general, like “Companies” or “Ventures”.

Q: What is the distinctive element of a business name?

A: The distinctive element of a business name is the element of a name that sets you apart from other similar businesses (eg Starbucks Coffee Shop). “Coffee Shop” is in no way distinguishable from other businesses in this industry, while “Starbucks” does and is considered the distinguishing feature. Invented words are acceptable as distinctive elements, provided they do not conflict with others already registered.

Q: Can I have more than one word for the distinctive element?

A: Yes

Q: Can I have more than one word for the descriptive item?

A: Yes

Q: What is the company designation?

A: Incorporated companies must have the last word in the name, corporate name, “Limited”, “Limitee”, “Incorporated”, “Incorporee” or “Corporation”. For all intents and purposes, the use of abbreviations of these words (ie “Ltd.”, “Ltee”, “Inc.” or “Corp.”) is also acceptable.

Q: What is a numbered name?

A: A numbered name is the incorporation number (seven digits) generated by the Registrar of Companies, followed by the province of incorporation and a business designation (e.g. 0999666 B.C. Ltd. or 12459756 Alberta Ltd.) . You cannot choose your incorporation number. It will be assigned by the corporate registrar when filing the application for incorporation.

Q: Are there any words that cannot be used in a business name?

A: Yes, there are words and symbols that will not be approved by the business registrar if used in a business name. All punctuation marks displayed on a standard 101/102 keyboard are acceptable; however, a punctuation mark cannot be the first character of a name. Other symbols and characters not found on a standard keyboard will not be approved.

Well-known names and trademarks will not be endorsed (eg Starbucks Tea Room Inc.). A name that closely resembles or is identical to another business name will not be approved. Any word implying a link with government will not be endorsed without the written consent of the government (e.g., “government”, “department”, “office”). Any word suggesting a connection to the Royal Family will be disallowed (eg Prince William Shoe Shop Inc.). In the Province of British Columbia, the use of “Columbia British” or “B.C.” at the beginning of a name as a distinguishing feature (e.g., British Columbia Incorporations Inc.) will not be approved without the written consent of the government. The use of “British Columbia” or “B.C.” at the end of the name before the corporate name.

The Company Registrar will not approve any names containing words that could be considered vulgar, obscene, racial or sexual slurs. Finally, there are restrictions on the use of certain words surrounding professionals, including, but not limited to, the use of the words “engineering”, “dental company” and “legal company”. Approval of names using these terms is often dependent on obtaining written consent from the governing bodies for these professionals.

DIRECTOR

Q: Do directors have to be Canadian residents?

A: Most provinces have Canadian residency requirements for the board of directors:

  1. Federal: 25% of directors must be residents of Canada.
  2. British Columbia: There is no Canadian residency requirement for the Board of Directors.
  3. Alberta: 25% of directors must be residents of Canada.
  4. Saskatchewan: 25% of directors must be residents of Canada.
  5. Manitoba: 25% of directors must be residents of Canada.

Q: Who decides who will be the directors of the Company?

A: Directors are elected by the owners of the company holding the voting shares. Q: Who can’t be a company admin?

A: According to the Business Corporations Act, a person is disqualified from becoming a director of a company if that person is:

  1. a) under the age of 18,

(b) found by a court, in Canada or elsewhere, to be incapable of managing his own affairs,

(c) an undischarged bankrupt, or

(d) convicted of an offense in connection with the promotion, formation or management of a company or unincorporated business, or an offense involving fraud, unless

(i) the court orders otherwise,

  1. ii) 5 years have passed since the last event of

(A) the expiry of the period fixed for the suspension of the pronouncement of the sentence without a conviction having been pronounced,

(B) the imposition of a fine,

  1. C) the end of the sentence of any imprisonment, and
  2. D) the end of the imposed probationary period, or

(iii) a pardon has been granted or issued under the Criminal Records Act (Canada).

Q: How many directors should a company have?

A: A company must always have at least one (1) administrator at all times. A company can have as many directors as the owners determine at any given time.

Q: What are the missions of an administrator?

A: Company directors are the officers of the company and are responsible for making business decisions on behalf of the company. Any director and officer of a company in the exercise

their powers and the performance of their duties must act honestly and in good faith in the best interests of the company and exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

Q: Can I add administrators at a later date?

A: Yes, company owners can choose to add directors at any time.

OWNERS

Q: What is a shareholder?

A: A shareholder is the owner of a business. The interest of a business owner is represented by the number of “shares” of the business held by that shareholder. Share certificates are proof of the owner’s shares in a corporation.

Q: How many owners should a business have?

A: A business can have as many owners as it wants; however, there are additional reporting requirements for companies with more than 50 shareholders.

HEAD OFFICE AND REGISTER

Q: What is a registered office?

A: A corporation’s head office is where documents (often a notice of suit) must be served on the corporation to be effectively served or to meet the requirements of the Business Corporations Act. A head office location must be open during normal business hours Monday through Friday. Care should be taken when selecting a head office as there are often time limits for responding to notices of suit and if a business does not respond within the required time, then the plaintiff may seek judgment without further notice to the company.

Q: What is an office of record?

A: A company’s records office is where the company’s records are kept, as required by the Business Corporations Act. Care should be taken when selecting a registrar because if a person entitled to obtain a listing, inspect a record, or receive a copy of a record from a given company’s registrar , makes a request and the corresponding Registrar fails to comply with such request, then, on notice to the Company, a request for an order may be made to the Registrar of the Company. Without limiting the power of the Registrar of Companies, the court may, on application, make such order as it deems proper and may, without limitation, order the company to pay the person who requested the record damages an amount it deems appropriate.

Q: Can the head office and records office be located in the same location?

A: Yes, the head office and records office can be in the same location.

Q: Can anyone sign up for the Fidulink Agent Registered and Saved Address Service Package?

A: The Fidulink agent office is physically located in British Columbia, as such this set of services is only available to British Columbia companies or federal companies that are headquartered in British Columbia. -British.

Q: What is included in the Fidulink Agent registered and registered address services package?

A: The Fidulink Agent can only offer the registered and registered address service package to companies incorporated in British Columbia or federal corporations with a registered and registered address in British Columbia. As the registered and registered address of your business, we will do the following:

Maintain the company’s statutory opening hours for the office of records in accordance with the Business Corporations Act;

Accept service of legal documents on the Company and forward them to the directors with a brief explanation of the legal implications of service of legal claims;

Qualify persons requesting inspection of company records;

Oversee the inspection of the Company’s corporate records in accordance with the Business Corporations Act; And

Make electronic copies of company documents for the company and send copies of company documents to the accountant, banker or accountant of the company as required.

Q: Why should I designate a Fidulink agent as my registered and registered address of my company?

A: Fidulink Agent offers a convenient and reliable registered address and registration service for British Columbia companies or federal companies with their head office and registrar located in British Columbia. We will keep your important business records in a safe and secure location in accordance with the provisions of the applicable Business Corporations Act. In addition, we will manage the public inspection of records and notify you of any inquiries regarding such records in a timely manner. As your company’s registered address, we provide a reliable address to receive important legal correspondence and will send you copies of such correspondence electronically upon receipt. We will also provide you with electronic copies of your business records upon request.

COMPANY ANNUAL FILES

Q: What are annual company records?

A: The company’s annual records consist of an annual report to be filed with the company registrar and the written resolutions of the directors and shareholders of the company to carry out the activities required under the Companies Act by applicable shares.

Q: What is included in the Fidulink Agent Records Management Service?

A: The Fidulink Agent Records Management Service includes the following services:

Preparation and filing of annual report/company statement with the appropriate company registrar.

Preparation of annual directors’ resolutions in accordance with applicable corporate laws to be circulated for approval and signature by the directors of the company.

Preparation of annual shareholder resolutions in accordance with applicable corporate laws to be circulated for approval and signature by the shareholders of the company.

Q: What are the fees for the Fidulink agent registration management service?

A: Our fees for the preparation and distribution of the signing of your company’s annual corporate records resolutions and annual report are $399 per year plus disbursements and applicable taxes, payable on each anniversary of the date of constitution of the company.

Q: What is an annual report?

A: Every company must file an annual report with the Registrar of Companies in the company’s home jurisdiction reporting on the directors and officers of the company. This annual report must be filed within two months of each anniversary of the date of incorporation of the company. An annual return must also be filed in each jurisdiction where the company is registered, except for companies in British Columbia, Alberta and Saskatchewan registered under the New West Partnership trade agreement. Failure to file an annual return with the company registrar for two years will result in the commencement of dissolution proceedings by the company registrar and subsequent dissolution of the company.

Q: What happens if my company’s annual report is not filed?

A: Failure to complete and file the annual return could result in the dissolution of your business and the inability to do business in that jurisdiction.

Corporate tax rates and activity limits

Corporate tax rates are expressed as a percentage of taxable income earned in the province.

  1. has two corporate income tax rates – the general rate and the lower small business rate.

The reduced small business rate applies to Canadian-controlled private corporations (CCPCs) whose active business income qualifies for the federal small business deduction.

In general, active business income is income earned by a corporation from a business other than a specified investment business or a personal services business.

The lower small business rate applies to active business income up to British Columbia. business limit of:

$500,000 effective January 1, 2010

The general rate applies to income over $500,000 and any income that does not qualify for the lower small business rate (for example, investment income).

When the business rate or cap changes during the tax year, you should base your calculation on the number of days in the year that each rate or cap is in effect.

General corporate tax rate

In force since January 1, 2018 12.0%

Small Business (CCPC) 2% – Business Limit $500 000

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