🇨🇦 Canada · Ontario
Canada Company Formation - Ontario Corporation for Non-Residents
Incorporate an Ontario corporation - Canada's equivalent of an LLC - from anywhere in the world. No Canadian-resident director required. Registered office, CRA Business Number, GST/HST and corporate bank introduction, all handled remotely.
What's included
Ontario Business Corporation
Incorporate in Canada's largest provincial economy - no Canadian-resident director required.
Limited Liability
Shareholders' liability is limited to their investment in the corporation.
100% Foreign Ownership
Foreign nationals can own 100% of an Ontario corporation.
CRA Business Number
We handle Business Number, GST/HST and payroll registration with the Canada Revenue Agency.
Registered Office Address
Toronto registered office address included for the first year.
Bank Account Assistance
Introductions to RBC, Scotiabank, Wise and remote-friendly Canadian banking partners.
Why Ontario
- Canada's largest provincial economy (~38% of national GDP)
- Toronto is a global financial and tech hub
- No Canadian-resident director requirement
- Strong legal system based on English common law
- Access to USMCA trade benefits
- Stable, AAA-rated economy with R&D tax credits (SR&ED)
Frequently asked questions
Can a non-resident open a company in Canada?
Yes. Non-residents can incorporate a Canadian corporation. In Ontario, you can register an Ontario Business Corporation (OBC) with no Canadian-resident director requirement since 2021. A Federal corporation under the CBCA still requires at least 25% Canadian-resident directors.
Why Ontario?
Ontario is Canada's largest economy and home to Toronto - the country's financial and tech hub. The Ontario Business Corporations Act removed the Canadian-resident director requirement, making it the most non-resident-friendly province for incorporation.
What type of entity do you set up?
We typically register an Ontario corporation (LLC equivalent in Canada). Canada does not have an LLC structure - the closest is a corporation, which offers limited liability for shareholders.
Do I need to visit Canada?
No. The entire incorporation, CRA tax number (Business Number) and registered office setup can be handled remotely.
What are the main taxes?
Federal corporate tax is 15%, plus the Ontario provincial rate of 11.5% - combined 26.5% on general active business income. The Small Business Deduction can reduce the combined rate to around 12.2% on the first CAD 500,000 of active business income (for Canadian-controlled private corporations).
Will I need to register for HST?
GST/HST registration is mandatory once revenues exceed CAD 30,000 in any consecutive 12-month period. In Ontario the combined HST rate is 13%.
Can I open a Canadian bank account remotely?
Some Canadian banks require a director to attend in person, but Wise, RBC and Scotiabank have remote-friendly options for incorporated non-residents. We assist with introductions.