Incorporating creates a business entity that is separate from you as a person.
As a corporation, your business can enter contracts, open bank accounts, and borrow money independently from you, the owner.
A corporation gives you limited liability, which means your personal assets are protected if your business is sued or goes into debt. It also offers potential tax advantages, better access to financing, and increased credibility with clients and investors.
Yes, but there are certain requirements and restrictions. Read our blog for guidance on naming your company.
A Named Corporation lets you choose a unique business name (e.g., “ABC Design Inc.”).
It allows you to start branding your business immediately but you must first obtain a NUANS name search report to make sure the proposed name isn't already in use.
A Numbered Corporation is assigned a number by the business registry (e.g., “1234567 Ontario Inc.”).
It is faster to register as they don't require a NUANS name search report.
Anyone can incorporate a business in Ontario - whether you’re a Canadian citizen, a permanent resident, or an international entrepreneur. However, you'll need to have a registered address in Ontario, which SkyLaunch can provide as part of our Complete Compliance Package.
No. You do not need to be a Canadian resident to incorporate in Ontario. However, you will need an Ontario address (cannot be a P.O. box) for your company’s “registered office”. This is where government correspondence is sent and where your company’s records (e.g., minute book) are kept.
Yes. In Ontario, the same person can be the sole director, officer, and shareholder of a corporation.
This is very common for small businesses and professional corporations. As your business grows, you can add more shareholders, directors and officers, and a lawyer such as SkyLaw can help make sure it is done properly.
You can have as many shareholders as you want, but you should speak to a lawyer first as you’ll need a shareholders’ agreement. Read more about shareholders agreements and the impact of having 50 shareholders at SkyLaw's blog page.
In most cases, you’ll receive your incorporation documents within 1–2 business days.
Numbered corporations are often processed the same day. Named corporations may take slightly longer due to the required NUANS name search report.
To start the incorporation process, you’ll need to provide:
Visit our blog for things you need to consider before incorporating. When you’re ready, our online platform guides you step by step.
After you submit your application:
Our $399 Launch Package ($499 for professional corporations) covers the $300 government filing fee and provides all the essentials for setting up your company. For ongoing compliance support, consider our Complete Compliance Package for an additional $50/month.
What you see in our packages is what you get - no surprises! The base price of our Launch Package includes government fees, incorporation filing, minute book setup, and essential documents.
You have the option to choose our Complete Compliace Package for an additional $50/month and we'll help you with your post-incorporation compliance needs.
After incorporating, you must:
Your accountant can help you with your corporation's tax returns. Our Complete Compliance Package will help you stay compliant with the rest. For extended legal support, you can always reach out to SkyLaw, our affiliated law firm!
In Ontario, you must file an annual return every year within 6 months of your corporation's financial year end. This is separate from your corporation's tax return.
We’ll notify you when it’s due and can file it for you as part of our ongoing support service with the Complete Compliance Package.
Yes! Our Complete Compliance Package includes:
You run your business — we handle the ongoing paperwork for you at only $50/month.
Yes. If you use your home as the Registered Office address for your corporation, it becomes part of the public corporate record. If that is a concern, choose our Complete Compliance Package and use our address instead.
Yes. We offer a Registered Office Address Service that allows you to use our address for official government and legal correspondence. We notify you and forward your mail securely. However, you should use a different address as your general business address (i.e., for customers and suppliers).
If you choose our Complete Compliance Package, you can keep your personal address private. We will still need your residential address for the shareholder register (but that stays with your minute book and is not a public document).
Our platform walks you through each step with easy questions and clear explanations.
We handle the legal filing, create your corporate documents, and set you up with everything you need — all online.
Yes. You can start the incorporation process anytime and your progress is automatically saved.
Come back whenever you’re ready — your information will be securely stored.
We have detailed help guides throughout the process and we offer personal email support.
If you need specific legal advice, you also have easy access to SkyLaw lawyers!
Yes. You can review and edit your answers before you submit your application to SkyLaunch.
Copies of all your documents (e.g., Certificate of Incorporation, Articles of Incorporation, By-Laws and Corporate Registers etc.) will be available digitally through SkyLaunch's customer portal.
The documents will remain accessible for 30 days with the Launch Package, and for the duration of your subscription with the Complete Compliance Package.
