Introduction

Most Canadian provinces have residency restrictions for the board of directors. We do not provide nominee director services, however we can provide incorporation services in provinces which do not have residency restrictions; those provinces are British Columbia and New Brunswick. Companies incorporated in any of those two provinces can then be registered to do business in other provinces as well.

Branch office registration is also available to you in any Canadian province, and you would not need to have a resident Canadian as a director.For a quotation on branch office registration, please advise of the specific province in which you intend to establish the branch.

Advantage of British Columbia Incorporation

Highly prestigious Canadian legal entity
No restrictions on the residency of directors, officers and shareholders
Availability of one-man corporation, when one individual is a sole shareholder, director, president, secretary and treasurer of the corporation
No requirements of a minimum authorized capital. Corporation is authorized to issue any number of common shares without par value
No restrictions on issued capital. Corporation is able to issue any number of shares for any consideration
No withholding tax on director’s fees and salaries paid to non-resident directors, officers and employees, when they work outside of Canada
Corporation pays corporate income tax on net profit. All business expenses are deducted before taxes..

business men climbing a graph with one confident business man on top

Common Use of British Columbia Incorporation

For serving of customers located in Canada, US, EU and other highly regulated jurisdictions
For conducting business in all highly regulated jurisdictions, where business transactions with offshore companies are restricted or prohibited
For purchase of property in Canada
For purchase of businesses in Canada
For building of a credit history in Canada
For planning of business immigration to Canada.

Basic Information

A minimum of one shareholder/officer is required, and there are no restrictions on the authorized or issued capital. Shares are normally issued at no par value, and none of the listed jurisdictions has a share issuance tax.

Government license fees, other than the incorporation fees, are dependent upon your specific line of business, and jurisdiction of operation. Some provinces have municipal business license requirements, and certain regulated industries require provincial or federal licensing as well.

Our Services

Subsidiary incorporation in the Provinces of British Columbia.

Contact Us

Should you require additional information, request a quotation or clarify any related matter, please contact one of our Consultants who will be happy to assist with your enquiries.

Disclaimer

COI ´s services are subject to its Terms and Conditions.The information provided by COI is intended as informative material and should not be relied solely upon in decision-making, especially if it concerns international tax planning and financial structuring as these areas are subject to frequent changes, although its efforts to keep all information on its website regularly updated.

COIstrongly recommends that each potential user of its services seek tax and legal advice before deciding on implementing a solution employing international financial structures. COI will not be liable for any damages, costs and expenses resulting from or incurred as a result of any action taken or omitted based upon any such information provided by COI.