Ontario Personal Real Estate Corporation

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Corporate Support Services

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Corporate Supplies














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Class B: First Additional Shareholder








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Class B: 2nd Additional Shareholder








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CRA Accounts And Other Registrations











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Mandatory Provincial Registration

  • Every federal corporation MUST do at least one provincial registration of their head office. This is REQUIRED by law to start & operate business. You can't open bank account without provincial registration.
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Class B: 3rd Additional Shareholder








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Class B: 4th Additional Shareholder








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Class B: 5th Additional Shareholder



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





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Optional class B non-equity (non-voting) share

Though in most PREC cases, class B non-voting shares are not issued, yet as per PREC rules, the corporation has choice to issue class B non-equity (non-voting) shares. The controlling shareholder and/or family member (minimum age 18) can hold non-equity class B (non-voting) share.

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Summary

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Ontario Personal Real Estate Corporation Prepared by Our Legal team

Incorporating a personal real estate corporation has never been this much easy. Our legal and accounting team here to set up your PREC corporation. We have created this form using very simple language and in a step by step method. Since October 1, 2020, we have incorporated many personal real estate corporations in Ontario and hence, we can assure you, your corporation would be set up correctly by us.




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Incorporation Date


  • Note: Future incorporation date must be within next 30 days from the current date



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Service Speed & Method

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Select registration queue



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Corporation's Address




  • To register a corporation in your designated province in Canada, a local provincial physical address is required, where the government will send documents. It must be in the specific province that you are registering with. If you do not have a physical address, our agency provides an address and mail scanning service.
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Director: Single Controlling Director

Single Controlling Director: the real estate agent and the overall head of the corporation







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Incorporator





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Articles of Incorporation




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 and Minute Book




  • Why Minute Book Matters?

    A Minute book is a corporate legal document prepared by our legal and accounting team. As per corporation act, a Minute book is MANDATORY. Minute book consists of by laws, share structure & other legal sections. It's REQUIRED to open bank account. Without it, a corporation is not complete. A Minute book must be presented when corporation is audited. The next page will skip if you do not choose Minute Book. We left here as optional because many law firms incorporate with us who prepare their own Minute Book.
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Skipped As No Minute Book Selected

Corporation's officer (president), share structure, share class, number of shares and controlling shareholder are prepared in the minutebook document. As minutebook is not selected, these information will be skipped. Click previous to include minutebook, or next to continue without minute book.
  • Why Minute Book Matters?

    A Minute book is a corporate legal document prepared by our legal and accounting team. As per the corporation act, a Minute book is MANDATORY. The minute book consists of by-laws, share structure & other legal sections. It's REQUIRED to open a bank account. Without it, a corporation is not complete. A Minute book must be presented when a corporation is audited. The next page will skip if you do not choose Minute Book. We left here as optional because many law firms incorporate with us who prepare their own Minute Book.
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Class A Equity (Voting) Share: For Controlling Shareholder

As per PREC rules, the controlling director must be the 'controlling shareholder'. you can't add anyone else for in class A equity voting share.

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Post Incorporation (Mandatory) Filing

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Corporation Officer: President

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Give Your Billing Information

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