WebDec 14, 2024 · In British Columbia, an entrepreneur may incorporate his or her business under the provincial or the federal law; the former is the British Columbia Business Corporations Act (hereinafter “BCBCA”), and the latter is the Canada Business Corporations Act (hereinafter “CBCA”).. In this article, we will outline the different reasons and …
Starting a business - Canada.ca
WebJan 18, 2024 · Incorporating establishes a business that is legally separate from its owners. Corporations can do many things that people can do, including acquiring property, signing contracts, having bank accounts, and filing lawsuits. But if your business is small, you may wonder whether a corporation is necessary. WebStep 1: Name your corporation Step 2: Create your articles of incorporation Step 3: Establish the initial registered office address and first board of directors Step 4: Submit and pay the … hilary swank lincoln ne
How to Register a Business in BC: Sole Proprietorship & Corporation
WebMay 5, 2024 · In BC, there are no restrictions on who can prepare the documents to incorporate a business. You can do it yourself and are not required to hire a lawyer. However, there are three reasons why you may want to hire a lawyer when incorporating a business: Reason #1: Other professions are not authorized. WebThe officers of a corporation are responsible for the day-to-day operation of the corporation. Officers are appointed by the directors and, together with the directors, form the management of the corporation. Officers can fill any position in the corporation that directors want them to fill (president, secretary or any other position). WebApr 13, 2024 · As part of the federal incorporation process, you can get: Articles of incorporation Federal business number Federal corporation income tax program account Option to register for other federal tax accounts, such as GST/HST, payroll, import/export Option for extra-provincial or extra-territorial corporation registration Incorporate a business smalllibrary org