Choosing a Jurisdiction
When you do decide to incorporate, you may wonder where you should choose to incorporate (i.e. which jurisdiction). In Canada, there are at least two choices in every province: incorporating under federal justidiction, or incorporating under provincial jurisdiction. Making this choice is important, especially when it comes to where you are (or plan to) carry on business. Further, the name you want for your business can also affect your decision on where to incorporate, as can requirements specific to the citizenship of Directors and whether you might be able to move a business in the future if needed.
There are slight cost differences between incorporating federally or provincially, as well as specific filing regulations that come with each type of jurisdiction. These factors can seem overwhelming, but, you can trust our team of lawyers to point you in the direct direction and provide sound advice to help inform your decision-making processes. Reach out today to put your best foot forward in making your choice of jurisdiction.
To discuss choosing a jurisdiction for your business, Contact Us today.
