HomeFAQs IS IT BETTER TO INCORPORATE FEDERALLY OR PROVINCIALLY?
IS IT BETTER TO INCORPORATE FEDERALLY OR PROVINCIALLY?
It depends. A Federal incorporation
is a better option if you intend to expand your
business outside your province. The name you
incorporate Federally has protection across the
country. Also, if you do international trading, a
Federal corporation has better name recognition.
There may be places where they put more importance
on the reliability and importance of a Federal
corporation.
On the other hand, if you intend to
operate in your own province only, you may
incorporate provincially. Even in this case, you can
still incorporate Federally, if you wish so.
Washington plans to institute a series of targeted tax cuts for companies and individuals as a way of jump-starting the economy, U.S. President Barack Obama says.
