It is the process of forming a corporation, a legal entity separate from its founders or owners. It has an independent legal personality, an entity separate from the individuals that make it up. Once incorporated, the corporation owns the assets of the business.
Incorporating a business for the first time can be complicated and it’s really easy to make a simple mistake that could cost you more to correct than it did to register your business in the first place. We have been helping small business owners register their businesses since 2014. We have the knowledge and experience to help you get your new business off the ground and running quickly and easily.
Incorporating your business may feel overwhelming. Our experienced advisors will guide you on the best corporate structure and ensure all the relevant forms and filings are completed.
Financial Benefits of Incorporation
One of the largest benefits of incorporating your business is that a corporation pays a lower tax rate than an individual. The only real downside is that there is a cost to set up and maintain a corporation. The ongoing accounting fees can be anywhere from $2,000 – $5,000. Before you think of incorporation, you may want to do a quick calculation to ensure that setting up your new corporation is going to save you more than it will cost you. We have developed an Incorporation Calculator to help you do just that.
Canada company formation benefits.
The Canadian system allows you to either incorporate under provincial law to operate in one province, or you can federally incorporate to do business across Canada. Should you choose to incorporate federally, you can use the same company name everywhere across Canada and not have any issues should you expand your operations.
- Temporary work visa. This type of work visa is valid for only a few years; depending on the country, you either have to renew it or return home once it expires. Some countries may also allow you to transfer to a permanent work visa if you find a new job.
- Permanent work visa. Permanent work visas allow you to live in a foreign country permanently, and after living there for a specific time, you can even apply for citizenship.
How Long Company will Register?
A company is usually processed in three to five business days. However, the processing time varies depending on the country, your visa , and the embassy or consulate.
Document Requirements
- Scanned all Pages of Current Passport.
- Scanned ID/Residence Card.
- Digital Picture with white background.
- Resume (Mention your job experience).
- Police Clearance Certificate.
How To Get a Work Visa?
To get a work visa, you need to follow the application steps listed below:
Find a job/ Work Permit. Before applying for your work permit,
you have to find a job in a foreign country. You must provide evidence of a work contract when you submit your visa application. Here we will provide your work permit to our clients.
Make an appointment at the embassy or consulate. Find a representative office that issues work visas for your destination country. You have to make an appointment to attend your visa interview.
Prepare your documents. You need to have your documents prepared by translating them and verifying them as required.
Submit your application. In some cases, your employer applies for the work permit on your behalf (only in Evisa countries), but there are instances where you may have to submit your application on your own.
Attend the visa interview. Once the date of your appointment comes, you have to go to the embassy/consulate and finish your visa interview. Some visa offices may ask you to submit the visa payment the same day as your interview— make sure you check with the visa office..