How much does it cost to incorporate federally in Canada?

Federal incorporation is a popular choice for businesses looking to operate across Canada or internationally.

When incorporating federally through Corporations Canada, the standard fee for filing Articles of Incorporation online is $200, while the fee for filing via email, fax, or mail is $250. Additional costs may include conducting a NUANS (Newly Upgraded Automated Name Search) report to ensure your desired business name is available, which is approximately $13.80 for a preliminary search and $45 for the full report.

To incorporate provincially in Ontario, you can expect to pay a fee of $300 – $650 for online filing. There may also be addition costs for NUANS report. These would be similar to the cost outlined above for federal NUANS.

While it’s possible to handle these tasks on your own, enlisting the help of a professional has several advantages. Legal and accounting professionals can provide invaluable advice on the incorporation process, navigate the nuances of tax and liability, and ensure compliance with regulations.

Hiring a professional for the incorporation process can save you time and potential pitfalls, as they possess the expertise to handle complex legal and financial matters. Professionals can also advise on the optimal corporate structure for your business, helping you make informed decisions for long-term success.

While legal and accounting fees can range from a $700 – $2,000 depending on the complexity of your business, the investment in professional assistance can prove invaluable in avoiding costly mistakes and ensuring a smooth incorporation process.