Do you have a business in Ontario? Congratulations! The next step is registering it. Many people think that Ontario business registration is a tiresome process. In actual fact, it’s not.
If you’d love to launch your business in Ontario but don’t know how, here are some easy steps to help you get it over with without breaking a sweat:
- Select a Business Name
Clients won’t be able to notice your corporation if it doesn’t have a name. There are three options to pick from as you choose a name: A “numbered” corporate name, incorporating your company with a name, and adopting a name that’s registered with the government.
It would help to do some research to avoid picking another company’s name.
- File the Articles of Incorporation
Articles of Incorporation are crucial in Ontario business registration. They let the Ontario government know about your business and include signatures, the weaknesses of your business, and relevant info such as voting rules.
The articles will be processed once you file them and upon approval, you’ll receive a Certificate of Incorporation.
- File Your Initial Return
You’re required to file your Initial Return within 60 days prior to incorporation. The Return shows the elected Officers and confirms the Directors and the Registered Head Office Address.
- Get a Corporate Minute Book
Once you’ve completed the Ontario business registration process, you need to buy a Corporate Minute Book to keep your records organized and help you concentrate on expanding your business.