Operating a small business can be a risky venture. One way to limit your personal liability is by incorporating your business. It also offers important legal and tax advantages, such as a lower tax rate, perpetual existence and easier access to capital.
- We will incorporate your business under the BC Business Corporations Act for a fixed fee, provided that you:
- are a British Columbia resident,18 years old or older
- are a new startup venture, entrepreneur or adversely impacted by COVID-19 (e.g. job loss, salary/pay reduction, change of occupation, frontline healthcare worker)
- have a new or existing business idea that is ready to launch
- have no more than 5 shareholders (3 or more shareholders incur an additional $150 fee as well)
- For eligible clients:
- Fixed cost of $999 plus tax for a BC numbered company incorporation (if a specific name is requested, $35 name reservation disbursement applies)
- We include all necessary organizational resolutions, central securities register, director & officer register, uncertificated share issuances, transparency register and more that are not provided with BCOnline directly
- We will use a 8-class standard share structure, which includes a variety of voting and non-voting shares with special rights and restrictions (sample available when you fill out our intake form)
- Virtual minute book format ensures no paper to sign and ease of sending the minute book to accountants or other entities
- We will provide registered and records office servicing and attend to the annual maintenance. First year's annual charges payable up front ($450) and you must maintain your company with us for a minimum of 2 years
- No legal advice, customizations or other changes permitted within this package
- If you are not eligible or need customizations, we can still incorporate you for a discounted legal fee; please contact us