One of
the most important factors for small businesses when deciding to incorporate is
the cost of incorporation. The jurisdiction of incorporation will automatically
become criteria for decision because government fees are not the same.
Below
are the current government incorporation fees Canadian jurisdictions:
|
Jurisdiction
|
Government Fees
|
|
Federal
|
$200
|
|
Alberta
|
$450
|
|
British Columbia
|
$352
|
|
Manitoba
|
$300
|
|
New Brunswick
|
$312
|
|
Newfoundland
|
$300
|
|
Nova Scotia
|
$417
|
|
Ontario
|
$300
|
|
Prince Edward Island
|
$265
|
|
Quebec
|
$389
|
|
Saskatchewan
|
$265
|
Moreover,
if you are incorporating a federal corporation, you must also register
extra-provincially. Currently, the provincial fees for a federal corporation
which has its registered office in that province are (these are in addition to
the federal incorporation fee of $200 indicated above):
|
Province
|
Extra-provincial
Registration Fee
|
|
Alberta
|
$395
|
|
British Columbia
|
$391 (including name search $39)
|
|
Manitoba
|
$349 (including name search $49)
|
|
Newfoundland
|
$560
|
|
New Brunswick
|
$212
|
|
Nova Scotia
|
$252
|
|
Northwest Territories
|
$300
|
|
Ontario
|
N/A
|
|
Prince Edward Island
|
$260
|
|
Quebec
|
$308
|
|
Saskatchewan
|
$340 (including name search $75)
|
|
Yukon Territory
|
$335
|
In most
cases, it is more expensive to incorporate a federal corporation. The one
exception is Ontario where there is no provincial registration fee.
IN
FACT, IT IS LESS EXPENSIVE TO INCORPORATE A FEDERAL CORPORATION THAN AN ONTARIO
CORPORATION IN ONTARIO.
Moreover,
there are annual filings. With a federal corporation, there would be 2 annual
corporate report filings ($20-40 per year). For provincial corporations there
would only be 1 annual report.
Besides the government incorporation filing fees there are the fees to process your incorporation and other fees such as name report fees. Check out our prices here: Https://www.corpcentre.ca/pricing
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