A Corporation is an incorporated entity with its own rights and
responsibilities as a distinct person under the law. A corporation is owned by the shareholders
and managed by directors chosen by the shareholders. The owners of a corporation are not
personally responsible for the debts of the corporation. The corporation is responsible for its
Fees for Federal Incorporations (Canada wide) are $200 for online filing or
$250 for using the printed forms. Federal Incorporations forms are available from the
Mississauga Business Enterprise Centre (MBEC). Internet filing is available at:
Fees for Provincial Incorporations (Ontario wide) are $300 for online
filling or $360 for using the printed forms. Provincial Incorporations forms are available for
a fee from Staples or Grand & Toy. If you incorporate electronically you must use the
services of either online primary service provider: Cyberbahn Inc. at http://www.oncorp.com
(primary service providers are under contract with the Ontario Ministry of Consumer and
Business Services) to complete the online Articles of Incorporation. The primary service
providers may charge their own service fee.
PROFESSIONAL ASSISTANCE FROM AN ACCOUNTANT AND LAWYER IS RECOMMENDED IF YOU
DECIDE TO INCORPORATE.
For further information, read MBEC's document on "Incorporation Information" or
register for MBEC's "Starting a Business Workshop" available through the Recreation
and Parks Department of the City of Mississauga.