Ask an Expert
Advantages of Federal Incorporation
Expert: CO Staff
Sam asked:
My brother is planning to transfer the company that he has registered and incorporated a couple of years ago in Calgary (Alberta), to me. Could you tell me what needs to be done, please?
CO Staff answered:
We'd like to refer you to the Canadian Legal Guide for Small Business published by the Self-Counsel Press. On page 32, it discusses the advantages of incorporating a company federally rather than provincially. One of the advantages of federal incorporation is that it allows a company to engage in business anywhere in Canada without having to register the company in individual provinces. This is something that you might like to investigate further.
For more information on how to incorporate a company federally, please visit:
http://strategis.ic.gc.ca/SSG/cs01313e.html
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