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Manitoba Professional Corporation

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  • Incorporate
  • Manitoba Professional Corporation

Step 1 of 15 - Incorporation Package

6%
  • Manitoba Professional Corporation Set up at $999. Prepared by our Legal team

  • Incorporating a professional corporation has never been this much easy. This form is created in a very simple and step by step method. Whether you are an engineer or a medical doctor or a CPA or a lawyer or a real estate agent, you can set up a professional corporation correctly here. You have option to upload your own prepared article or our legal team may prepare the article as per guidelines of your regulatory body.
  • Please note, article of a professional corporation must be prepared correctly that reflects the corporation act, and regulations of the regulatory body. If you provide your own article, we can't modify, neither we are responsible for any error or omissions or any refusal by the regulatory body after corporation is set up.
  • Guidelines

  • How fast can I get documents?
    A professional corporation set up is done in two steps. In the first step, a name approval is obtained from the government and then in the second stage, registration is completed. We offer urgent, express and regular queues in both steps. When you select urgent queue, we file it in the fastest queue of the government. You can choose the speed in next page. Please note, total time = our filing time + government processing time.
  • What documents I get?
    You will get certificate, articles of corporation, by laws and minutebook in email first. These documents are sufficient to open a business bank account. You will receive hard (original copies) by post to your corporation's address.
  • Who prepares it?
    Our agency is backed by our legal and accounting team. We prepare the articles of corporation, by laws and other documents. We are proud to incorporate thousands of companies since 2002 in Canada.
  • Is there any hidden costs?
    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.
  • What other services offered?
    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 options for name approval, service speed queue, 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.
  • How name approval works?
    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 provincial government, we have access to the 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.
  • Corporation Name

  • It involves two steps. In the first step, the name approval for your corporation is obtained, and in second step, the corporation is registered in government's system. The government has service speed queues. If you have already obtained the name approval, the first step is done for you.
  • Accepted file types: jpg, gif, png, pdf, doc, docx.
  • Accepted file types: jpg, gif, png, pdf, doc, docx.
  • Guidelines

  • How fast can I get docs?
    A professional corporation set up is done in two steps. In the first step, a name approval is obtained from the government and then in the second stage, registration is completed. We offer urgent, express and regular queues in both steps. When you select urgent queue, we file it in the fastest queue of the government. Please note, total time = our filing time + government processing time.
  • How name approval works?
    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 provincial government, we have access to the 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.
  • How about legal suffix?
    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.
  • Corporation's Address

  • To register a corporation in this province, a local provincial physical address is required where the government will send documents. If you do not have a physical address in this province, our agency provides address and mail scanning service.
  • Guidelines

  • What is corporation's address?
    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.
  • Can I change this address later?
    Yes, these address can be changed later. In many cases when commercial place is not rented yet, residential address is given.
  • Do you provide address service?
    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"
  • Is the address service renewable?
    Yes, you have the choice to renew it on an annual basis. Normally, the price remains same.
  • Primary Director

  • 3.1. Primary Director: the overall head of the corporation
  • Guidelines

  • Who is a director?
    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. Please note, minimum 25% of the directors (1 of our 4) must be either Canadian citizen or permanent resident.
  • How about doing for a client?
    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.
  • Additional Director

  • 2nd Director

  • 3rd Director

  • 4th Director

  • 5th Director

  • Note: If you want to add more than 5 directors, you may need to place a customized order. For now, you can place order with these five directors and afterwards, give us a call to convert it into a customized order.
  • Guidelines

  • Should I add additional director?
    Each director has equal power and control over the corporation. Second director can remove primary director and vice versa. Therefore, you may add additional director whom you trust. You may add a director at a later time as well. Please note, minimum 25% of the directors (1 of our 4) must be either Canadian citizen or permanent resident.
  • Can I add a director later?
    Yes. A director can be added or removed at a later time. That could be done through our website.
  • Any age restriction for a director?
    Director must be an individual who is 18 year old or more.
  • Incorporator(s)

  • 2nd Incorporator

  • 3rd Incorporator

  • 4th Incorporator

  • 5th Incorporator

  • Note: If you want to add more than 5 incorporators, you may need to place a customized order. For now, you can place order with these five incorporators and afterwards, give us a call to convert it into a customized order.
  • Guidelines

  • Who is an incorporator?
    Incorporator is the person(s), under whose authority this corporation is being created. Typically, all the directors are the incorporators.
  • How about doing for a client?
    If you are doing for a client, you may choose 'all directors are incorporators'. We do not contact your clients, rather we contact the person in the billing address. You may write your details in billing address.
  • What is best for a holding company?
    If you are incorporating a holding company, then you may choose the option, 'incorporator is another corporation'.
  • Corporation's Bylaws and Minute Book

  • Why Minute Book Matters?

  • A Minute book is a corporate legal document prepared by our legal and accounting team. As per corporation act, a Minute book is MANDATORY. Minute book consists of by laws, share structure & other legal sections. It's REQUIRED to open bank account. Without it, a corporation is not complete. A Minute book must be presented when corporation is audited. The next page will skip if you do not choose Minute Book. We left here as optional because many law firms incorporate with us who prepare their own minute book.
  • Guidelines

  • Is minutebook required?
    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.
  • Any advantage of doing in package?
    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.
  • Corporation's Officer(s)

  • 2nd Officer

  • 3rd Officer

  • 4th Officer

  • 5th Officer

  • Note: If you want to add more than 5 officers, you may need to place a customized order. For now, you can place order with these five officers and afterwards, give us a call to convert it into a customized order.
  • Guidelines

  • What is an officer?
    Anybody including an employee can be an officer to the corporation. It's not as important as of director. It's changeable later at any time.
  • What designation to choose?
    Any designation is fine. It's more important for a big corporation. It's changeable later.
  • Can same person be in many roles?
    Yes, same person can be director, incorporator, officer and shareholder. Most new corporation starts in that manner and changes when it grows bigger.
  • Share Structure

  • Guidelines

  • What price to put for shares?
    This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price.
  • What is class B shares?
    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.
  • Can I change these later?
    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.
  • Shareholders

  • First Shareholder

  • 2nd Shareholder

  • 3rd Shareholder

  • 4th Shareholder

  • 5th Shareholder

  • Note: If you want to add more than 5 shareholders, you may need to place a customized order. For now, you can place order with these five shareholders and afterwards, give us a call to convert it into a customized order.
  • Guidelines

  • What number of share I put?
    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.
  • Can I change shareholder later?
    Yes. You can add or remove sharehodler later at anytime.
  • How to put share in percentage?
    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.
  • CRA Account Registrations

  • Guidelines

  • Why need Business Number?
    Every corporation MUST have a unique business number from CRA. This is your 9 digit business identification number with CRA. This is a mandatory registration with CRA; either you do with us or any accounting firm.
  • Why need corporate tax ID?
    Every corporation MUST have a corporate tax ID. This is similar to the SIN number of a person. To report corporation's income tax (even income is zero), Tax ID is required. It's a mandatory account (either you do with us or do in another accounting firm). Some people call it as RC number. Corporate Tax ID is a combination of your CRA business number with RC0001.
  • Why need GST/HST account?
    It's the initial set up for a GST/HST account with CRA. Every corporation must have a GST/HST account to collect GST upon sales. Customer's invoice or receipt must show the GST/HST number as well. Unable to collect GST/HST, may cause penalty by CRA. Many people call it RT number. A GST/HST account is a combination of your CRA number and RT0001.
  • What is payroll account?
    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. Many people call it RP number. A GST/HST account is a combination of your CRA number and RP0001.
  • What is import export account?
    If your business involves in importing or exporting physical goods, it is required. The government uses this account to process the customs clearance. Many people call it RM number. A export import account is a combination of your CRA number and RM0001.
  • Other Registrations

  • Guidelines

  • Why should I choose in package?
    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.
  • What is domain name?
    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)
  • What is WCB registration?
    It's workers' compensation board. If your corporation plan to have employees now or in future, it MUST register with WCB. We register and give you the account number and hook you with WCB authority. Please note, it does not cost monthly premium fees, rather WCB authority will advise on your eligibility of free program or fees.
  • Corporate Supplies & Support

  • Guidelines

  • What is share certificate?
    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.
  • What is corporate seal?
    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.
  • What does service support include?
    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.
  • How supplies will be shipped?
    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.
  • Price Summary

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