Canada – a prestigious extra-provincial corporation in Ontario

Company Express offers extra-provincial registration of corporations in Ontario. The structure can be a useful tool for tax planning and international trade purposes.

Advantages of Canada incorporation

• No residency restrictions for directors, shareholders, secretary and personnel
• Minimum number of shareholders is one – a legal person can become a company shareholder
• Minimum number of directors is one
• Legal person can become a company secretary
• Legal person from any country can obtain the status of extra-provincial corporation in Ontario
• Extra-provincial registration in Canada does not create a separate legal personality, so a non-resident company with the status of extra-provincial corporation is tax-free in Canada if the business activity is performed outside the country
• Share capital requirements for an extra-provincial corporation are identical to the requirements of the parent company’s jurisdiction
• No audit requirement
• No annual general meeting requirement

Price for obtaining an extra-provincial licence in Ontario

What documents will you receive upon Canada incorporation?

• Certificate of Registration
• Extra-Provincial Licence

If the desired company name is not available:

• Certificate of Assumed Name

What do you need to obtain an extra-provincial licence in Ontario?

Give us a call, or drop us an email, and we will be glad to detail all the requirements for you.

Taxation and statutory requirements at a glance

Extra-provincial corporations in Ontario do not pay tax in Canada if their business activity is carried out abroad.

Extra-provincial corporations are required to file an annual return. A tax declaration is only required if the business activity is performed in Canada.

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