In Canada a small business can be incorporated in each of the Canadian jurisdictions. Having said that, whenever enrolling the organization, the appropriate Corporate Registry must be consulted, dependent on the province where the business is likely to be operational.

When you have selected a name for your business a Nuans Name Search Report must be obtained to be able to check your proposed corporate identity against a data source of current corporate bodies and trademarks. This type of report will provide a list of names closely similar to your own and will help to ensure that your selected name is going to be accepted before you decide to proceed with the procedure for incorporation. Once you've determined that your chosen name isn't being used by an additional corporate body or trademark, you are able to start working on having your name incorporated.

Most people whenever incorporating a small company will register a numbered organization and after that register a business name against the company.

Then you're able to complete a form of Articles of Incorporation or memorandum of association, a type of Notice of Directors and/or Notice of Registered Office.

An important step that should be taken is to set up the business's Minute Book. It includes important info that is to be required if ever the company is sold. Officers have to be appointed; the type share certification accepted; the investor should pay for his assigned shares; and permanent directors must be chosen. Any records of these ought to be held within the Minute Book.
 

Incorporate Ontario - this is a great site for learning more about incorporating.

Also, in case you have selected to incorporate a federal firm, you simply must publish a form enrolling the business with the province in which it can be found.

The main advantage of incorporating would be the limited liability that the incorporated organization enjoys. The organization owner of a sole propriety assumes all the responsibility of that business; yet a shareholder's liability within an incorporated business is only limited to the amount of his investment. A sole proprietor's personal assets could possibly be taken in order to pay back any financial obligations; but a investor of an incorporated company is not held accountable for the debts received, unless he/she has issued a personal assurance. Also may be the advantage of being able to elevate collateral capital.