Small Business Questions and Answers

How would my business set up our own prepaid debit card, ie. "xxx Prepaid debit card"?




Answers: Very expensive to do yourself. Most such cards (prepaid or otherwise) are really a card from a major bank with your badging.

E,g, I have an RSPB credit card but actually it is the Co-op bank who operates it.

Should I incorporate provincially or federally in Canada, and How much is the cost?




Answers: The difference between provincial incorporation and federal corporation in Canada is that federal incorporation allows your company to use the same name all across Canada and carry on business in all provinces and territories.

When you incorporate provincially in Canada, you are only authorized to operate in the jurisdiction of incorporation.

The fees of incorporating a new company in Canada depends of the jurisdiction of incorporation and this prices vary from $300 to $530

Here are the difference fees to incorporate in Canada

Canada Federal Incorporation:
Total:$395.98

Alberta Incorporation:
Total $399.73

British Columbia
Total: $515.88

Manitoba
Total: $439.99

New Brunswick
Total $407.98

Newfoundland
Total $425.98

Northwest Territories
Total $430.98

Nova Scotia
Total $532.22

Nunavut:
Total $430.98

Ontario
Total $505.98

Prince Edward Island
Total $405.98

Québec
Total $448.63

Saskatchewan
Total $424.64

Yukon
Total $370.98

Some good incorporation companies that provides online incorporation services in Canada

http://www.companyformations.ca
http://www.corporationcentre.ca
http://www.bdc-canada.com

Here some good information about corporations
sbinfocanada.about.com/od/incorporatio...

http://www.companyformations.ca/Frequent...
Costs vary from province to province, but for both costs should be near the $600-800 area. it depends on if your doing it or getting an agency to do it.

The cheapest in Ontario for example is a numbered company and you can do this in person for just a few hundered to register a provincial numbered company. If you want a name it has to be searched which you can do yourself as well (costs have changed for searches but I think $10 per name). All can be done at the registration office.

For federal it is easier to have a agent do it as they take care of not only federal registration but also registering the company for the province you are in (has to be done). Last time I checked this cost about $750 in Ontario (give or take). Many agents give you stocks, setup your articles of incorporation, do the initial 2 bylaws etc. can save you a bit of work.

Advantages of either one? Haven't seen why one or the other as to which is better. So get info and then proceed.

How to Incorporate a new Company in Alberta, Canada?




Answers: Individuals or groups wishing to operate as corporations in Alberta are required under the Alberta Business Corporation Act to file the appropriate forms with Alberta Registries.

Before you begin your Alberta company incorporation online there are a few things that you are going to need to know and/or have access to.

A credit card
Your proposed company name
At least one physical address in Alberta for your company registered address
The full names and residential addresses of your director/s
If you intend to apply for a company business number during the incorporation process, you will need the social insurance number of at least one director
An active email address
A computer that is installed with PDF reader software (e.g. Adobe Acrobat Reader 4.0 or above)


This website provides fast and easy incorporation services in only 24 Hrs and provide free of charge what other incorporation companies charge extra:


http://www.companyformations.ca/Alberta_...

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