In Canada, the process of incorporation becomes even more complicated due to coexistence of Provincial and Federal corporations. Although similar, two of these systems contain certain differences and benefits that will be relevant for different types of businesses. The costs and administrative burden of each of the systems are different.
We provide a detailed comparison between provincial and federal incorporation – the process, the resulting benefits and how to choose between the two. Incorporating federal corporation will still require its provincial registration, while Provincial corporation will provide less flexibility to operate Canada-wide.
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