Assistance for Company Formation in Canada

1. CANADA

2. Company Formation Company formation is the process of registering a business as a limited company at Companies House. As a result, the business becomes a distinct legal entity. The process is also referred to as ‘company incorporation’ and ‘company registration’. Starting a business in Canada is easy. You could start your business tomorrow and be making money by the end of the week. Registration is not necessary, but depending on business success you will need to be cautious. Your business name should not infringe on other businesses that have the same (or sometimes similar) naming. Riding on someone else's good name is not a great way to get a legitimate business going. If you will make over $30K (not firm on this number; check Revenue Canada) then you will need to do a provincial registration of your business.

3. What is business incorporation? An incorporated business (exact same thing as a corporation) is considered to be a legal entity that is separate from its owners and shareholders. Canadian businesses can be incorporated at the federal or the provincial level - and I'll go over the details on that further down. While incorporation isn’t legally required, it can bring a certain amount of legal protection for the business owner(s), potentially reduce your tax liability, and offer other benefits that can help your online business grow. Deciding on your business structure is an important part of the business planning process.

4. The benefits of Company Formation in Canada • Continuous existence: A corporation has an unlimited life span; if you sell the business or shareholders die the business will continue to exist. • Ownership of the business entity is transferable: Because the entity has an unlimited life span, you can sell your business or plan its succession easily. • Raising money can be easier: Incorporated businesses can sell shares and equity to drive growth. • Tax advantages: Each example is unique, but corporations can benefit from Canada’s small business deductions. You can also choose to defer certain tax payments and benefit from new tax laws or a lower tax bracket. • Increase your credibility and business-worthiness: Some businesses won’t enter into sales or contract agreements with unincorporated businesses. In which case, incorporation can improve your credibility and growth potential.

5. We will help you with Canada Company Formation: • Helpline Group will help you choose the best company structure. • Our team of experts would assist you with Company registration services in Canada. • Helpline Group will support you in documentation and filing of required paperwork. • Our team would acquire the licenses and approvals from various authorities in Canadaon your behalf.

6. Legal Structures in Register a Company Limited Liability Company Formation (W.L.L) 1 Branch Office 2 Commercial Agencies 3 Representative Trade Offices 4 General Partnership Company 5 Limited Share Partnership Company 6 Holding Company 7 8 Public Shareholding Company 9 Joint Venture

7. Steps involved in starting a business in Canada • Name your business • Get a Business Number (BN) or a NEQ (Quebec only) • Decide to incorporate federally or provincially • Register for GST/HST

8. ABOUT HELPLINE GROUP Founded in 1990, the Oman Helpline Group has attained customers’ reliance, trust and a prestigious market brand value in less than three decades for the quality work delivered by its experienced professionals. The company has a presence all over the world, starting from the Middle East countries to countries such as USA, Canada and India; we are present everywhere around the globe.

9. THANK YOU FOR MORE INFORMATION www.omanhelplinegroup.com info@omanhelplinegroup.com