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Canada Company Formation Detail


Background
	Political stability:	Stable
	Legal system:	UK common law
	Company type:	Intentional
	Disclosure of company information:	Protected
	Oversea profit:	Non-taxable
	Chinese Company name registration:	Impossible
Company formation Regulation
	Minimum shareholder:	Two
	Minimum director:	Two
	Corporate director:	Possible
	Company Secretary:	Necessary
	Standard Share Capital:	C$ 10,000 (Extra fee if excess)
Local Regulation
	Registered address or Registration Agency:	Necessary
	Local Company Secretary:	Necessary
	Local Director:	At least one
	Local meeting:	Not necessary
	Director List storage in Company Registration Office:	Necessary
	Shareholder List storage in Company Registration Office:	Necessary
Annual Regulation
	Annual Report:	Required
	Annual Auditing:	Required
Estimate Duration and Fee
	Duration for New Company Formation:	30 working days
Shelf Company		Not Available

Background


	It is the second largest country in the world with its size 9,984,670 km square, located in North America (The Northern part of North America is under Canada governing excluding Alaska and Greenland)

	Canada is one of the countries that had most lake. Most area in Canada experience a continental climate, eastern part of Canada has a lower temperature, southern part has the best climate in Canada, western part is warmer, while Northern is frozen years long.

	There are many Maple in Canada, so she is also known as “Country of Maple”, Canada nation flag also has a Maple logo.

	Canada has ten provinces and three territioires, the ten provinces include Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, and Saskatchewan. And the three territioires are Northwest Territories, Nunavut, and Yukon. Each state has their own elected government.

	The major income of Canada is trading. With such a large territories, Canada has rich natural resource such as forest, mine, energy, etc. There are more than 60 different mines can be found in Canada, and their Nickel, Zinc, Platinum, Asbestos productivity is the highest among the world. Uranium, Gold, Cadmium, Bismuth, Gypsum productivity recorded second in the world. They also have other mine resource, such as Copper, Iron, Lead, Potassium, Sulfur, Cobalt, Chromium, Molybdenum, etc.

Advantage and aim of formation


	Registration capital need not paid up and can setup bank account anywhere in the world

	Offshore company can wave for all local tax

	No restriction of foreign exchange and easily to raise funds

	Corporate is allowed for property trading

	Political, economic and trade environment is very stable place.

	Company beneficiary interest is protected by the government, as their information is not disclosed to public

	Company Director and Shareholder interest is protected by the government, as their information is not disclosed to public

	Register a company in Canada helps to get business or working visa easier

	No regulation over company name

	Canada has good business environment

Company Requirements

Company name:
Company name should be in English, and should be ended with “LIMITED, CORPORATION or INCORPORATED” or their short form, such as LTD, CROP. Company name should not include “Trust Company”, “Bank” or similar wording unless approved by their government.

Standard Share Capital:
Standard registration share capital is C$10,000.

Director:
At least two, corporate director is not allowed.

Shareholder:
At least two, no nationality limitation, individual or corporate is also allowed.

Company Secretary:
Necessary and they should be local resident, normally provided by us and included in service fee.

Registration agency/Registered address:
Necessary. Require one local authorized registration agency. We will provide Registered address and its fee is already included in the registration fee and annual fee.

Required documents:

1)	Company name
2)	Directors and shareholders information (address prove, nationality, passport or ID card copy) Address prove: Government letters or bank and property documents 2.2 ** Passport and ID card copy should be notarized by CPA (Additional 1,500 fee per person)
3)	Share allocation list (if more than one shareholder)
4)	Professional (Bank/CPA/Lawyer) Sponsor letter

Registration process


Stage One:	Name search (Company name should be drafted by you or enquiry for shelf companies’ name)

Stage Two:	Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy); Confirm company structure, share allocation and fill in the related application form

Stage Three:	Signing appointment agreement and related government documents and pay the first payment

Stage Four:	We will inform you once the registration completed, and please sign for collecting company kits and settle the last payment

Stage Five:	After-sale management service enquiry (if necessary)

Our service


We have many shelf companies ready for sales. We can also registration name company with you chosen name; we also provide name search service. Company document will be well prepared in folder.

Our company kit includes:
1	Certificate of Incorporation
2	Company Memorandum and Articles
3	Director Appointment Documents
4	Director and Shareholder list
5	Provide public telephone and fax
6	Company Chop 1 Set
7	Metal Chop 1 Set
8	Share book
9	Share transaction Contract (Shelf Company Only)
10	Folder Box (filing all the above documents)

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