Ontario Holding Company

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Ontario Holding Company

Start, Register, Manage & Grow Your Business in Ontario









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CRA, WSIB & other Accounts Registration















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Activity and Type

  • Note: According to ONTARIO Govt. Future incorporation date must be within next 30 days from the current date





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Service Priority & Deadlines

How fast can I get my documents?

Once we have completed, the Ontario corporation registration, Ontario Non-Profit Corporation, Ontario Professional corporation, & PREC, process with Service Ontariothey will send us electronic documents by email. We will then provide you with those documents electronically at no cost. But, fastest service required extra cost 

Note: Our service Cut off time is 3:00 PM

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Ontario Holding Company Name

Our website form guides you a simple step by step process to complete your order placement. If need any assistant to fill up your form just take help from our live chat, email or call. Before we processed to register your Corporation our Specialist, Legal and Accounting team will review properly your order. If need they will contact you.





Corporation's Name Rules in ONTARIO

In general, a name should contain two components: distinctiveness and descriptiveness.

The 𝐃𝐢𝐬𝐭𝐢𝐧𝐜𝐭𝐢𝐯𝐞 element can't be a common English word, it has to be unique or made-up words. For example, "Joseph Restaurant Inc". In this name 'Joseph ' is the 𝐝𝐢𝐬𝐭𝐢𝐧𝐜𝐭𝐢𝐯𝐞/𝐮𝐧𝐢𝐪𝐮𝐞 𝐞𝐥𝐞𝐦𝐞𝐧𝐭.

While the 𝐃𝐞𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐯𝐞 𝐞𝐥𝐞𝐦𝐞𝐧𝐭 can be common English words. An example is "Joseph Restaurant ". 'Restaurant' is the 𝐃𝐞𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐯𝐞 𝐞𝐥𝐞𝐦𝐞𝐧𝐭.

“Inc.” is mandatory legal suffix

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Registered Official Address




A ONTARIO physical address is required to Register Corporation in ONTARIO, where the government will send documents. If you do not have a physical address in ONTARIO, you can use our Registered Address Service that includes mail receiving and forwarding.

A ONTARIO physical address is required to Register Corporation in ONTARIO, where the government will send documents. If you do not have a physical address in ONTARIO, you can use our Registered Address Service that includes mail receiving and forwarding.

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Corporation's Director(s)


Director will be responsible for managing the company's operations








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Second Director








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Third Director








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Fourth Director








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Fifth Director




Note: If you want to add more than 5 directors, you may need to place a customized order. For now, you can place an order with these five directors, and afterward, give us a call to convert it into a customized order.




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Incorporator






Who is incorporator?

An incorporator is the responsible person for organizing and incorporating a corporate entity. It is typically the head of the organization. An incorporator may be a director or not. Once the filing is complete the incorporator's function is usually finished. After that the management of the corporation is performed by the directors.

If you are doing corporation on behalf of a client, you may mention here their the name. This is for government's records. We only contact the billing person that mention in our website form. We don't contact your clients. You can write your details in the billing.

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Second Incorporator Details












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Third Incorporator Details












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Articles of Incorporation




NOTE: Amendment of Articles in future is expensive and time consuming. Please choose correct Articles of incorporation for your corporation

Rights, privileges, restrictions and conditions (if any) attaching to each class of shares and directors' authority with respect to any class of shares which may be issued in series. If there is only one class of shares, enter "Not Applicable"


The issue, transfer or ownership of shares is/is not restricted and the restrictions (if any) are as follows. If none, enter "None"


Other provisions, if any. Enter other provisions, or if no other provisions enter “None”

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Corporation's Bylaws with Minute Book

What is Minute book and what are include in it? 

Minute book is detail records & documents of an incorporated company’s structure and activities. According to corporation act Minute book is MANDATORY. It must be updated every year as part of the incorporation’s Annual Return to maintain its legal structure and include By-laws, Articles of Incorporation Any amendment, Resolutions and minutes, Shareholder and share transfer registers, Directors & Officers Registers, and notices that have been filed. If a business does not have them or keep them up to date, fined by the CRA as part of an audit. Banks might decline to give loans, and any potential future sale of their business or assets could be in jeopardy or face extensive and costly legitimate deferrals. This Minute book prepared by our legal and accounting teams.

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Minute book selection is Skipped

If you skipped these sections, you cannot add Corporation's officers, their designations (CEO, President, etc.), share classes, share prices, shareholders' names, percentage of ownership, and by-laws are part of the Minute book.

If you want to proceed, click Next or Previous to add Minute Book.

What is Minute book and what are include in it? 


Minute book is detail records & documents of an incorporated company’s structure and activities. According to corporation act Minute book is MANDATORY. It must be updated every year as part of the incorporation’s Annual Return to maintain its legal structure and include By-laws, Articles of Incorporation Any amendment, Resolutions and minutes, Shareholder and share transfer registers, Directors & Officers Registers, Notices that have been filed. If a business does not have them or keep them up to date, fined by the CRA as part of an audit. Banks might decline to give loans and any potential future sale of their business or assets could be in jeopardy or face extensive and costly legitimate deferrals. This Minute book prepared by our legal and accounting team

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Share Price

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Shareholder











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Shareholder











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Shareholder






  • Note: If you want to add more than 5 shareholders, you may need to place a customized order. For now, you can place an order with these five shareholders and afterwards, give us a call to convert it into a customized order.





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Shareholder











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Shareholder











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Mandatory Filing after Registration a Corporation


In Ontario , once a corporation is incorporated or continued under the Ontario Business Corporations Act (OBCA), it is required to file an initial return with the province. The initial return provides basic information about the corporation, such as its name, address, directors, and shareholders. This filing helps to establish the corporation's existence and provides important details for the public record.
𝐈𝐧𝐢𝐭𝐢𝐚𝐥 𝐑𝐞𝐭𝐮𝐫𝐧 must be filed within 60 days of the corporation's incorporation or continuation. It is typically submitted online through the Ontario government's online filing system or through a 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫. Failure to file 𝐓𝐡𝐞 𝐢𝐧𝐢𝐭𝐢𝐚𝐥 𝐑𝐞𝐭𝐮𝐫𝐧 within the specified timeframe may result in penalties (Corporation Dissolution) or other consequences.
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Officer's information












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Officer's information












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Officer's information












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Officer's information












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Corporation's Officer(s)











Ontario Corporation: Starting, Registering, and Managing Your Business in Ontario.

What are the NUANS Report, Pre-Search, and Name Reservation Reports?

What is the Ontario Professional Corporation?

Ontario Professional Corporation (PC) is a specific type of corporation that is established by professionals in regulated fields, such as doctors, dentists, lawyers, accountants, and other licensed professionals in Ontario, Canada. The purpose of creating a professional corporation is to provide these professionals with certain legal and financial advantages


What is Ontario Non Profit Organization?

Ontario nonprofit organization in Ontario, also known as a non-profit or not-for-profit organization, is a legal entity formed for purposes other than making a profit. It is established to pursue specific objectives or serve the public interest. Nonprofit organizations in Ontario operate in various sectors, including social services, education, healthcare, arts and culture, the environment, and more.

What is PREC?

PREC stands for Personal Real Estate Corporation. In the context of real estate in Ontario, Canada, a PREC refers to a specific type of corporation that is established by real estate salespeople or brokers who are registered with the Real Estate Council of Ontario (RECO).


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CRA, WSIB & Other Accounts Registration



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Additional Support services

Why domain and official email important: 

A business email address and domain help you create a professional image and gives your business instant credibility. We are an agent of domain registration, we can instantly reserve a domain for your company (example: www.companyname.ca  or  www.companyname.com. If you do not reserve your domain today might be your competitors will reserve, it and kick away you from competitions.

What is Annual Return (AR): Annual Return (AR) confirms the continuing existence of the corporation. You must file Annual Return, so that it can remain active and in compliance with the corporate law. Every corporation must submit an annual return every year to Govt. in its anniversary date.

Why do you have to file your annual returnYour corporation may be dissolved if it fails to file its AR because it will be assumed that it is not operating. When your corporation is dissolved, you can no longer conduct business. If once your corporation dissolve its might be cost huge amount of money and time consuming. Another example: if your business is dissolved and you have requested Bank loan it must be refused.

Please note: Annual Return (AR) is not same as Annual Tax Return. Both are completely different thing.

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Corporate Supplies

Please read the below FAQ




































What is Share certificates?

Share certificate is written document signed on behalf of a corporation that serves as the legal and official proof of ownership of corporation. It's a highly recommended items if you have more than one shareholder. You can customize your share certificate in our website as per your need basis. Which could be used in future if you Add any other person (such as spouse, child, friend) as shareholder. Some time share certificates is required for many purposes, such as bank, contract and agreement, and so on. For standard Share certificates, we will send blank share certificate, which you can add as per your requirement

What is Share certificate folder and why you need?

When you issue share certificates they need to be protected and secured. A Share certificate has great history behind it.  Don’t lose your that history just by storing your certificates in a box or in sleeves with plasticizers that will damage your old share certificate.

Sometimes, replacing a share certificate is a complex process in some cases, the company issuing shares may require a resolution confirming the replacement of the certificate from the board of directors. Our Share Certificate Folder will safe your share certificates storage and display.

What is Wafer sticker:

Wafer seal stickers are self-adhesive that are used to emboss the seal on Share certificates or other important corporate documents securely without glue.

 

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Share Price ( Advanced Share Structure)


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Shareholders ( Advanced Share Structure)

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First Shareholder details









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Second Shareholder details









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Third Shareholder details









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Fourth Shareholder details









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Fifth Shareholder details









  • Note: If you want to add more than 5 shareholders, you may need to place a customized order. For now, you can place order with these five shareholders and afterwards, give us a call to convert it into a customized order.
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Custom Share Price and Details



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Custom Share Price and Details



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Custom Share Price and Details



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Custom Share Price and Details



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Custom Share Price and Details



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Summary

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What is an Ontario Holding Company?

A holding company is primarily designed to own and manage other companies’ shares rather than produce goods or services.
That means the holding company doesn’t directly create products or provide services. Instead, it acts like a parent company. It controls and manages the shares of its subsidiaries.

What’s the difference between a Holding Company and an Operating Company?

Holding Company: It Acts like a parent company. It owns and manages shares of other businesses (its children or subsidiaries).
For instance, consider Ontario Holding Company as the investor who owns various companies, but itself does not produce goods and does not offer services directly.
Operating Company: The Company creates goods or services for another company or creates goods or services completely on its own. Think of it in terms of the car manufacturing plant or the fast-food joints that serve people. It earns revenue and makes profits for the holding company (if exists).

Here’s a table summarizing the key differences:

Ontario Holding Company

Benefits of a holding Company?

Centralized Management: With centralized management, Holding companies can cut expenses and increase the efficiency of their operations, such as accounting, legal, and human resources.
Simple Management: Holding Company manages and oversees multiple companies under one management like under one roof. That is why it’s simplifying processes such as reporting and record-keeping.
Safer Assets: Holding company is typically formed to protect assets and make a central control of all subsidiaries. If one subsidiary faces financial trouble, It protects personal assets from liabilities. Parent holding company’s assets are generally not at risk If one subsidiary faces financial difficulties.
Tax Benefits: Holding companies can reinvest profits into their subsidiaries rather than distributing them as dividends this way Holding companies can defer taxes.
Estate Planning: Holding companies can be used to transfer ownership and control of assets of its subsidiary shares. It makes easier inheritance by transferring ownership
Business Diversification: A holding company can lower overall risk and diversify its investments by holding shares in several subsidiaries.

Who can start an Ontario Holding Company?

Generally, anyone can start one if they are:
A. At least 18 years old
B. Have a Canadian address for the holding company
C. If you have two or more businesses,

What do I need to incorporate an Ontario Holding Company?

Here are the main steps:
Choose a unique Name for Company: Choose a name that is not already used in your business jurisdiction. The name must be complied Ontario’s Business Names Act.
File Articles of Incorporation for Ontario Holding Company: Articles of Incorporation outline the Holding company’s main structure and purpose.
Registered Office Address: A physical Registered address in Ontario is a must to incorporate a holding company in Ontario. Where legal documents can be served.
Corporate Bylaws and Initial Resolutions: Bylaws are internal governance rules of a holding company, such as meetings, voting rights, and director roles.
Initial Resolutions include appointing officers, issuing shares, and other initial decisions.

Do I need a lawyer to incorporate a holding company?

It’s not mandatory. Business Ontario Corporate Service Inc. can assist you in incorporating your Ontario Holding Company with our Corporate experts and legal counsel. They will ensure your Articles of Incorporation are accurate and compliant with legal requirements.

When should I consider a holding company?

If you own or plan to own multiple businesses, a holding company can simplify management, protect assets, and offer potential tax advantages. However, it’s best suited for those with the resources to manage the additional complexity.

What Activity and Type should I Write for Ontario Holding Company?

In this section, you should write your Ontario Holding Company’s main activity. And types means what your Ontario Holding Company will offer whether only services or products or both.

Do you need Bylaws and Minute Book for Ontario Holding Company?

A minute book is a detailed record & document of an incorporated company’s structure and activities. According to the Corporation Act Minute book is MANDATORY. If a Minute book is not selected, Officer, Share Price, and Shareholder cannot be added. If you want Business Ontario can prepare your Ontario Holding Company’s Bylaws & minutes book at a time under one order. You do not need to go somewhere else for this document.

How fast can I get my documents?

As an official intermediary, if you place an order for 1 hour, we can send you all Ontario Holding Company Documents in less than 1 hour.

What is Ontario Company Key?

Ontario Company Key is a unique identifier used by corporations in Ontario. It functions similarly to a password. It is required when a corporation wishes to file online future transactions. Every Ontario Holding Company must have an Ontario Company key for any kind of future update.

What is Initial Return in Ontario?

𝐈𝐧𝐢𝐭𝐢𝐚𝐥 𝐑𝐞𝐭𝐮𝐫𝐧 must be filed within 60 days of the corporation’s incorporation or continuation. Failure to file an initial Return within the specified timeframe may result in penalties (Corporation Dissolution) or other consequences.
The initial return provides basic information about the corporation, such as its name, address, directors, and shareholders. An initial Return is not the same as a Tax Return. Both are completely different things. So, every Ontario Holding Company also must file it within the 60-day frame.

Why do you have to file your annual return:

Your corporation may be dissolved if it fails to file its Annual Return because it will be assumed that it is not operating. When your corporation is dissolved, you can no longer conduct business. Another example: if your business is dissolved and you have requested Bank loan it must be refused.
Please note: Annual Return (AR) is not same as Annual Tax Return. Both are completely different things.

What are the requirements for becoming a director of Ontario Holding Company?

-Directors must be at least 18 years old.
-Should not be bankrupt.
-Mentally sound
-Ontario Holding Company must have at least one director
-There is no residency requirements to incorporate an Ontario Holding Company