Canada: Types of Company
Private Limited Liability Company
The Private Limited Liability Company is the most widely used business structure in Canada. It is a separate legal entity that is distinct from its owners, and can therefore enter into contracts and own property in its own name. The company must have at least one director.
The type of registration required depends on where in Canada the company is to operate. If the company is to operate only in one state, it need only register in that state. However, if the company is to operate across Canada, it must be registered under federal law; it may also be required to register or be licensed under state or provincial law.
The documents required for registration include:
- The Articles of Association;
- An Initial Registered Office Address and First Board of Directors Form; and
- If required, a NUANS name search report dated not more than 90 days prior to the filing date.
It is strongly recommended that a Corporate Name Information Form also be supplied on registration.
The registration fee is C$200 for online filing through the Corporations Canada Online Filing Centre, or C$250 for filing by mail, fax, email or in person.