How To Register Llc In Canada

Request name approval and reservation.

How to register llc in canada. Get a federal business number and corporation income tax account from the canada revenue agency. As an extraprovincial company is to apply for a name approval. There are various business forms available for registration in canada among these the private limited liability company or llc however in canada the llc is considered a hybrid business form that encompasses the characteristics of corporations and partnerships. Ontario llc registration is available only for an unincorporated association other than a partnership if the llc was formed under the laws of another jurisdiction that grants to each of its members limited liability with respect to the liabilities of the association. These three are the articles of incorporation initial registered office address and first board of directors and a newly upgraded automated name search nuans report.

An llc filing a canadian income tax return and claiming treaty benefits must submit a form nr303 along with its tax return. Consult how to draft purposes for charitable registration to know more. The llc form of business ownership does not exist in canada. While it s common for owners to set up llcs in the united states and other countries including the u k switzerland chile colombia italy japan and india this is not an option for canadian business owners. When forming a canadian llc business there are three forms that must be completed.

To be able to issue official donation receipts and to be exempt from taxation the income tax act requires that corporations created and operated exclusively for charitable purposes register with the canada revenue agency cra as charities. Incorporate your business obtain your articles of incorporation through federal incorporation or provincial territorial incorporation. Registering a new llc in canada is not an option but there are alternatives that you may want to consider. Business entities in canada. Below we present the main features of canadian llc and the requirements for opening such a business form.

Information on registering a us limited liability company. Registering as a charity under the income tax act. Can you set up an llc in canada. There are several types of business entities available to do business in canada and the procedures and requirements to register each of them slightly vary between provinces to do business in canada the option most commonly chosen by foreign entrepreneurs is the limited liability company locally known as a private corporation. Do you want to register your existing llc in ontario or do you want to register an ontario limited corporation.

To register as a corporation you will need to. Fill out llc documents and submit them.