Cost to Incorporate
How much it cost to incorporate in Canada depends on what kind of business incorporation you choose and where you are incorporating.
For starters, you may choose to incorporate your business federally or in a particular province or territory. (See Provincial versus Federal Incorporation for an explanation of the difference between the two types.)
The Cost of Federal Incorporation
For federal incorporation, the cost to incorporate as I write this is $200 if filed online through Corporations Canada’s online Filing Centre ($250 if filed through other means). This is the fee for filing the Articles of Incorporation).
As part of the incorporation process, you will also have to get at least one NUANS Name Search Report to certify that your chosen corporate name is acceptable and unique. The cost of a NUANS Report is currently about $75 per search.
(Note that these are not the only documents that you will need to prepare and file as part of the incorporation process. For federal incorporation, you will also need to file Form 2: Initial Registered Office Address and First Board of Directors.)
The Cost of Provincial Incorporation
For provincial incorporation, the cost of incorporation differs from province to province. To take four examples:
The cost to incorporate in Ontario is $360 as I write this if you incorporate in person or by mail. You may also incorporate online through a Service Provider under contract with the Ontario Ministry of Government and Consumer Services. The Ministry charges $300 for filing Articles of incorporation electronically and you will also have to pay whatever the Service Provider charges for their online services.
You will also need at least one Ontario-biased NUANS if you are incorporating a named company; a NUANS search cost approximately $75. (If you are incorporating a numbered company, a NUANS search is not required.)
If you choose to incorporate in BC, the basic cost to incorporate is $350. Your Articles of Incorporation will need to be accompanied by an up-to-date Name Approval, for which there is a $30 fee.
In Quebec, the cost to incorporate is $300 while the Name Reservation fee ( which includes a name search report) is an additional $20.
In Nova Scotia, incorporation of a company costs $308.71, while the cost of an Atlantic-biased NUANS search is $48.71 plus HST.
These fees were accurate at time of writing but are subject to change of course. To find out how much it cost to incorporate in provinces or territories not listed here, you will need to visit the Business Registry or Corporate Services department in the province or territory where you wish to incorporate. I have links to all of these in the Incorporating a Business in Canada section of this website.
And for an overview of the incorporation process, see How to Incorporate Your Business in Canada.
Note that the fees above are just the fees for undergoing the process of incorporation for the first time; that is, the cost of initially creating a corporation. In some provinces, incorporation registration must be renewed every year. For instance, in Nova Scotia, while “the Certificate of Incorporation itself does not expire… the related Certificate of Registration (required under the Corporations Registration Act) must be renewed annually” Nova Scotia Registry of Joint Stock Companies). Currently, this annual incorporation registration cost $108.62.
And, as an incorporated company, you will also incur related fees, such as the cost of filing an annual report, extra-provincial registration, the cost of a corporate seal, or preparing and filing corporate taxes.
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