Incorporating – Why do you need that help?

Jan 16, 2016

Actually, registering a new business is a relatively simple task. With some web search, anyone can do it.

So why do you need an assistance?

Because registering a corporation does not complete the task – this is only the beginning.

Following the initial registration of a corporation, you will need to do the following actions: a. create By-Laws of the corporation; b. elect and appoint corporate directors and officers; c. prepare and sign initial resolutions of the corporation; d. send an update to the ministry (Form 1). And all these are just a tip of an iceberg. If you have partners, you will need a shareholders agreement with multiple terms and conditions. You will have to register your corporation with the CRA for tax and in certain circumstances for HST/GST purposes.

Why do you need it? Your corporation is a separate legal entity. In order to bring it into a proper life you must ensure that it is appropriately structured, organized and registered. Without these steps, there will be no clear division between shareholders and the corporation as a separate entity. As a result, corporate managers, directors and shareholders may face serious financial and administrative consequences.

At CBES, we will assist you in a proper organization of your business and in taking all the steps required to bring your corporation into a real and independent existence. We will prepare initial resolutions, shareholders agreement, By-laws and Form 1.

And more importantly – we will show, explain and train you for the future maintenance of the corporate documents. Our goal at CBES.CA is to make sure you know what you do and how to do it properly.

Feel free to contact us at

Launch Your Business in Canada

Contact us right now and we will help You!

Contracts for Business Owners 101 in Canada

Every business transaction is based on a contract – whether written, verbal, or by conduct. The presentation discusses various aspects of business agreements, what should be included, and which details should be reviewed by business owners, and addresses the main...

How to Register a Trademark in Canada

If you've thought about obtaining a trademark for a certain element of your Canadian company, it could prove beneficial in safeguarding vital aspects of your business or products. Although not obligatory, understanding the nature of trademarks and the involved...

How Much Does It Cost to Incorporate in Canada?

  The cost of incorporating in Canada varies based on the type of business incorporation and the location where you choose to incorporate. Depending on your intentions of operating nationwide or within a specific province or territory, you can opt for either...

The Steps to Closing a Business in Canada

  Closing a business in Canada is a straightforward task, although it involves more than just notifying customers, selling off remaining inventory, and settling debts. Additionally, it is necessary to formally terminate your business name or dissolve your...

Different Types of Corporations in Canada

When you decide to start a business in Canada, you have multiple alternatives when it comes to structuring your business. One possibility is to establish a corporation, and in Canada, there are numerous options available to choose from. Creating a corporation can be...

Should I Incorporate In Canada? Corporation vs Sole Proprietorship

Should I Incorproate in Canada – All your questions answered! The question of whether and when to incorporate seems to create lots of confusion and many online resources may seem misleading, not thorough enough or inconsistent. Incorporating will be justified in any...