
Company formation in Canada
Open a Corp · Inc in Canada in 5–7 business days, fully online. Fixed-price packages with the registered address and every document included.
Set up from wherever you live — we file locally on your behalf.
- Entity type
- Corp · Inc
- Timeline
- 5–7 business days
- Minimum capital
- None
- Corporate tax
- 15% + prov.
- Packages from
- $99 /year
All-in annual package
+ Government fees separate — paid at cost in your panel, no markup
See the full cost breakdown- Company formation & government filing
- Tax number (EIN / local tax ID)
- Registered agent for the year
- Registered business address
- Founding documents & operating agreement
- Business bank account guidance
Fixed price · Documents delivered digitally · No hidden service fees
Renews automatically each year
People who incorporate here
- Consultants billing Canadian and US clients
- Sellers who need a Canadian entity for marketplaces
- Software businesses expanding into North America
- Import and distribution into Canada
Which company type to register in Canada
Şirket (eyalet)
No minimumBritish Columbia, Ontario, Alberta and Quebec impose no director-residency rule — this is the route for founders outside Canada.
Şirket (federal, CBCA)
No minimumNationwide name protection, but at least 25% of directors must be resident Canadians — one, if the board is under four.
Opening a company in Canada from abroad
- Citizenship or residency
- Not required for shareholders. For directors it depends entirely on the jurisdiction you pick — see the entity table above.
- Do you have to travel?
- No. Incorporation and the business number are handled online.
- Registered office
- A real address in the province of incorporation is mandatory — included in every package.
- Timeline
- 5–7 business days is normal, most of it name search and the provincial registry.
Canada is one of the most popular jurisdictions for international founders. The standard company form is the Corp · Inc, and the whole process runs online with Yorkmark — government filing, registered address and digital document delivery are part of every package.
There is no minimum share capital requirement, and the headline corporate tax rate is 15% + prov.. Below you can see how the process works, what you need to provide, and what every package includes.
How incorporation works
Order your package
Choose a package online and tell us about the company: name, founders and activity.
We prepare and file
We draft the formation documents, file them with the local registry and set up your registered address.
Company registered
Registration typically completes in 5–7 business days. All documents are delivered digitally.
Bank, payments, accounting
We introduce you to banking providers, help connect Stripe or PayPal and can take over your bookkeeping.
What you need
- Passport or ID of each founder
- Proposed company name
- Short description of the activity
- Your contact details
Tax and yearly obligations in Canada
- Corporate tax
- Federal 15% plus the province: Ontario totals 26.5%, British Columbia 27%.
- The small business rate
- The reduced rate (around 9%–12% combined) is only for a Canadian-controlled private corporation. A non-resident-controlled company does not get it — treat the general rate as your number.
- GST/HST
- Registration is required once worldwide taxable supplies pass CAD 30,000 in four consecutive quarters. Rates run 5%–15% by province.
- Annual filings
- A T2 return every year even at zero income, plus the provincial or federal annual return.
Rates and thresholds are as published by the authorities and change from year to year. This is information, not tax advice.
Bank accounts and payments in Canada
Canadian banks (RBC, TD, Scotiabank) almost always require a director to attend a branch in person.
Wise Business and Payoneer give CAD receiving details without a branch visit and are the usual workaround.
Stripe supports Canadian corporations.
What's included every year
One price. Everything to open and run your company — renewed each year.
- Company formation & government filing
- Tax number (EIN / local tax ID)
- Registered agent for the year
- Registered business address
- Founding documents & operating agreement
- Business bank account guidance
What it really costs, in full
Our service fee is $99/year — flat. The official government fees below are paid at cost in your panel; we never mark them up.
- Yorkmark service
- $99/year
- Official registration
- C$200 one-time
- then, to the government
- C$12/yr
- Estimated first-year total
- ~$245
A federal corporation needs 25% Canadian-resident directors.
How it sizes up
The same numbers for the jurisdictions founders usually weigh against this one.
| Country | Entity | Timeline | From |
|---|---|---|---|
| Corp · Inc | 5–7 business days | $99 | |
| LLC · C-Corp | 3–5 business days | $99 | |
| Ltd | 1–2 business days | $99 | |
| Pte Ltd | 3–5 business days | $149 |
Frequently asked questions
Can I open a company in Canada without living there?
Yes — every country we support allows non-resident founders; there is no citizenship or residency requirement to own the company. You provide your identity documents online and we handle the local filing and the registered address. Where a country needs an in-person step or a local director, its own section on this page explains it.
How much does it cost in total to open a company in Canada?
The annual service fee is $99 — that covers our work: company formation, registered agent, a business address and the founding documents. Government registration fees are separate and paid at cost in your panel; we always show the exact amount before you pay.
How long does company registration take in Canada?
5–7 business days, counted from the moment we have your documents. Most of that time is the registry, not us.
Do I have to travel there?
No. Incorporation and the business number are handled online.
How much tax will the company pay in Canada?
Federal 15% plus the province: Ontario totals 26.5%, British Columbia 27%.
Can I open a bank account from abroad?
Canadian banks (RBC, TD, Scotiabank) almost always require a director to attend a branch in person. Wise Business and Payoneer give CAD receiving details without a branch visit and are the usual workaround.
What has to be filed every year?
A T2 return every year even at zero income, plus the provincial or federal annual return.
Which company type should I choose?
Şirket (eyalet): British Columbia, Ontario, Alberta and Quebec impose no director-residency rule — this is the route for founders outside Canada. Şirket (federal, CBCA): Nationwide name protection, but at least 25% of directors must be resident Canadians — one, if the board is under four.
All-in annual package
$99 /year