BC Personal Real Estate Corporation

Considering agency filing speed and government processing queue, we offer THREE queues: regular, express and urgent. In an urgent queue, corporation is filed in TWO business HOURS in the fastest queue with the government. In the express queue, corporation filed in TWO business DAYS in second fastest queue with the government. And in a regular queue, corporation filed in TEN business days in the regular queue with the government.

You will get certificate, notice of articles, by laws, minutebook, business number, tax ID, corporation agreement and incorporation application in email. These documents are sufficient to open a business bank account. You will receive hard (original copies) by post to your corporation's address

Our agency is backed by our own law firm. We prepare the articles of corporation, by laws and other documents. We are proud to incorporate thousands of companies since 2002 in Canada.

Absolutely no hidden costs. When you set up a corporation, there are many filings needed to be done. We offer all filing into a single place. Therefore, in next steps, we will offer those services. You have option to choose or not to choose. If you do not choose anything else, your price will remain as you see in the first page.

Being a OneStop shop, we offer pretty much all corporation related services. We are backed by our legal and accounting team. In Next steps, you will find options to choose NUANS report (for named corporation), CRA business number, corporate tax ID, GST account, payroll account, export-import account, WCB account, minute book, share certificates, corporate seal, domain name reservation and one year service support.

For a PREC, a name approval from the government is required. If you have already obtained it, you can upload it or we can obtain the name approval for you. Since, we are a member of Corporations Canada and have access to BC corporate name database, we pre-check the name availability and only then submit to the government. If the pre-check shows conflicts, you have option to provide us more names (up to 3 times) at free of cost.

We offer regular, express and urgent queue. In an urgent queue, corporation is filed two business hours, in express queue in one business day and regular queue in ten business days.

For a professional corporation, a name approval from the government is required. If you have already obtained it, you can upload it or we can obtain the name approval for you. Since, we are a member of Corporations Canada and have access to BC corporate name database, we pre-check the name availability and only then submit to the government. If the pre-check shows conflicts, you have option to provide us more names (up to 3 times) at free of cost.

All professional corporation's name must end with the legal suffix "professional corporation". You can include it in the proposed name. If you do not include it, we will include this phrase after the name of corporation.

It is the location where business is located. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address. CRA documents will go to this address.

Yes, these address can be changed later. In many cases when commercial place is not rented yet, residential address is given.

If you do not have a local provincial address, we provide registered address and mail scanning service. Please click, on the form where says, "If you don't have address in this province, click here"

Yes, you have the choice to renew it on an annual basis. Normally, the price remains same.

A director is the overall head of the corporation (i.e. the owner, the member of the regulatory body). You can add more than one director (up to 5) as long as they are eligible member of the regulatory body. Each director has equal power and control to the corporation.

If you are doing corporation for a client, please do not write here your name. This place is the name of the primary owner of the corporation. We don't contact this person, rather we contact the person mentioned in billing address. You can write your details in the billing address during checkout.

Yes, it's mandatory as per corporation act. The owners, shareholders, share structure and share class are defined in minutebook. If you do not select minutebook, the next step "Share & Shareholders" section will skip assuming you will do minutebook with another firm.

When you incorporate a company, the expenses are called business development expense which is tax creditable. Any spending you do after incorporation, is considered as operating expense which are not tax creditable. Doing it separately later is a manual process which cost more and takes longer time.

Any designation is fine. It's more important for a big corporation. It's changeable later.

This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price.

These are weaker than class A. Most people don't issue it in the beginning. Some people issue in case they are selling some of their shares to others.

Yes, share price and share number can be changed any time. Now you are setting up just initial price, any number is okay since you don't know how company will perform.

If you are the only shareholder, any number is okay, 100% owned by you. Most people put 1. It's changeable later. If more than one shareholder, put proportionately.

Yes. You can add or remove sharehodler later at anytime.

Total share is calculated by adding up each shareholder's share number. Example: your share is 60, your spouse's share is 40. Then total shares = 60 + 40 = 100. In this case, you hold 60% and spouse holds 40%. If more than one shareholder and you want to assign in percentage, make total share number as 100.

It's the initial set up for a PST account with CRA. Every corporation must have a PST account to collect PST upon sales. Customer's invoice or receipt must show the PST number as well. Unable to collect PST, may cause penalty by CRA.

Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not payroll service, but the initial set up of payroll account with CRA.

It's the initial set up for a GST account with CRA. Every corporation must have a GST account to collect GST upon sales. Customer's invoice or receipt must show the GST number as well. Unable to collect GST, may cause penalty by CRA.

Two major benefits. 1. Tax claimable: cost that occurs during business set up, is called Business Development Expenses, is tax claimable. Costs that occurs after business already registered, is called operational cost, is not tax claimable. These costs will occur at any way, since these are mandatory filing, therefore, it's wise to include in package. 2. The default process is, these filing to be done together with corporation; hence, it's cheaper in package. To do this services later; there are manual forms and process; hence, costs more money and takes longer processing time.

We are an agent of global domain registration. After your company name gets approved, we can instantly reserve a domain in your company name (example: www.companyname.com)

It's workers' compensation board (WorkSafe BC). If your corporation plan to have employees now or in future, it MUST register with WSB. We register and give you the account number and hook you with WSB authority. Please note, it does not cost monthly premium fees, rather WSB authority will advise on your eligibility of free program or fees.

Share certificates is the legal and official proof of ownership of corporation. You need it to show in any official purpose such as bank, contracts, mortgage etc. It's an absolute recommended items if you have more than one shareholder. We will send some blanks certificates as well which could be used in future in case you add any other person (such as spouse, child, friend) as shareholder.

Seal is a protection against fraudulent activity. It has legal value (by default defends) in case anybody create false docs or make false loan in your company name. It's highly recommended if your company has frequent transactions or provide receipt, invoices. It's also needed if you go for loan, mortgage, employment contract, service contract or any sub-contract.

It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our legal and accounting team here for you. It's a $399 dollar service, but only $99 with package.

Supplies (physical minute book, share certificate, corporate seal) will be shipped by Canada Post (expedited) and you will receive a tracking number in your email. Please note, this address is for shipping of supplies only. Government documents always go to corporation's address.