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  1. Jun 8, 2024 · Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners, with its own rights and obligations. Corporations can be ...

  2. Search for a Federal Corporation is a service that allows you to find information about any corporation registered in Canada. You can search by name, number, status, or type of corporation. You can also access documents and reports filed by the corporations, such as annual returns, certificates, and articles. This service can help you to verify the availability and validity of a business name ...

  3. Jun 10, 2016 · A corporation is a type of business entity that is authorized, by the state in which it is registered, to operate. A corporation functions almost like an artificial person in carrying on its business, or other activities. In fact, a properly formed corporation is a legal entity endowed with the characteristic of “personhood.”.

  4. Call the helpdesk: 1-877-526-1526. Incorporating a business creates a legal entity called a corporation or company. An incorporated company has all the powers of a person and is independent from its shareholders. It can acquire assets, go into debt, enter into contracts, sue or be sued.

  5. Feb 17, 2022 · S corporation (S corp): An S corporation is distinctively different from a C corporation because it is a pass-through entity, allowing it to avoid double taxation. However, the IRS institutes strict standards (opens in new tab) for companies looking to qualify for S corporation status, particularly around shareholders.

  6. Most corporations can file their T2 Corporation Income Tax Return electronically using the Internet. It is mandatory for certain corporations with annual gross revenues that exceed $1 million. This $1 million threshold is eliminated for tax years starting after 2023. Most corporations will have to file their return electronically.

  7. LLC. Better for max flexibility in how you manage and run your business. S corporation. Better for smaller corporations. C corporation. Best if you plan to go public one day. Nonprofit. Best if you’re supporting a good cause and want to protect your personal assets. Sole prop.

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