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Showing posts from September, 2024

Named Company VS Numbered Company in Canada: What are the Main Differences?

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There are many choices when forming a  business in Canada , and one of the most significant decisions you will make is whether to create a named company or a numbered company. Even though both types of companies are treated equally in terms of legal responsibilities, there are several key distinctions that should influence your choice. In this blog, we’ll walk you through the major distinctions between named companies and numbered companies, followed by illustrative examples of the requirements for name approval in different Canadian provinces. We’ll also discuss the challenges of getting a   name approved in British Columbia (BC) . Lastly, we’ll explore how these decisions can affect your business, particularly if you plan on  incorporating in Ontario . Register Now What is a Named Company in Canada? A named company is one that operates under a given name, which should be unique and easily distinguished from other business names. Such names usually portray the company’s ...

Why is Ontario the Perfect Place to Start Your Business?

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  Starting your own business can be very exciting and overwhelming at the same time. One of the first decisions entrepreneurs would have to make is to choose the best location. Of course, when it is Canada, there are at least a few that come to mind. Among them, Ontario has a good word for business owners as an economic power with varied industries and ideal strategic positioning. On this blog, we are going deep into benefit of  business registration  in Ontario, we will explore why Ontario is the ideal place to establish a business and how to register a business in Ontario in 2024 Register Now Economic and Political Stability Ontario businesses can count on a strong democratic economy. At a time of market turbulence and other challenges now affecting enterprises across the world, business in Ontario provides a jurisdiction one can truly rely on. This is what makes Ontario an attractive location to  start your business . Benefits of Registering Business in Ontario Th...