What are the benefits of incorporating at the federal level?
• Heightened name protection: Corporations Canada applies very tough tests before granting a company the right to use a particular name. When a company’s name is approved, it’s protected across the country – a status second only to trade-mark protection. (Please note that the Province of Quebec does not currently provide data to NUANS®. For your own protection, if you are doing, or intend to do business in the Province of Quebec, you should search the Quebec corporations database at CIDREQ as well.) • Right to carry on business anywhere in Canada: Federally incorporated companies can carry on business anywhere in Canada, and the CBCA does not set restrictions regarding the province or territory where the head office is located, corporate records are maintained and annual general meetings are held. • Recognition: Federal incorporation is often considered a sign of distinction, companies incorporated under the CBCA receive global recognition as Canadian companies.
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- What are the benefits of incorporating at the federal level?
