Get Incorporated in Ontario | Nava Wilson LLP

Get Incorporated in Ontario

A corporation, as its own legal entity, requires a minute book to document its entire journey, from the beginning (incorporation) to the end (dissolution).

Our Services

Organizational resolutions

Form I-Initial Return

Corporate bylaws

Share certificates
(Up to 4)

Federal/Ontario number company

Electronic records are maintained in cloud storage and accessible anytime

Federal/Ontario Number or Named Company

Form I-Initial Return

Corporate Bylaws

Organizational Resolutions

Share Certificates 

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Reserve a name for your company

The first step in opening a new company is to reserve a name. A corporate lawyer can help you review the existing companies to determine if the chosen or similar names have already been taken. If the lawyer determines that the Registrar will not approve the chosen names, they will ask you to come up with other names. Therefore saving you some time and money.

Determine a share structure

A corporate lawyer, working in conjunction with your accountant, can assist you in determining which type of share structure is most suitable for your business. You may need to issue shares to your company's investors and create different classes of shares, for example, with the right to vote and without or with the right to receive dividends. This type of operation often requires a lawyer’s insight.

Post-incorporation documents and paperwork

Determining a list of every document you need can take time and effort. Using a corporate lawyer can ease the process of figuring out what paperwork is required to incorporate a business.

 

The list of documents usually consists of the Certificate of Incorporation, Articles of Incorporation and the Company’s Minute Book. While depending on your particular situation, there will also be other documents.

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Frequently Asked Questions

How do I start the process of incorporating my business in Toronto, Ontario?

To begin the incorporation process in Toronto, you typically need to choose a business name, complete the required forms, and submit them to the provincial authorities. It's recommended to consult with a legal professional to ensure accurate and efficient filing.

What is the cost associated with incorporating a business in Toronto?

The cost of incorporation in Toronto includes government fees, legal or professional fees for assistance, and any additional services you may require. It's advisable to obtain a detailed quote from professionals offering incorporation services.

Can I choose any business name for my incorporated entity in Toronto?

While you have some flexibility in choosing a business name, it must be unique and not already in use by another registered business. It's essential to check the availability of your chosen name before starting the incorporation process.

Do I need a lawyer to help me with the incorporation process in Toronto?

While it's not mandatory to have a lawyer, many businesses choose to seek legal advice or assistance during the incorporation process to ensure compliance with regulations and avoid potential pitfalls.