Alberta Incorporation Service the same day Only $99.99

The Quickest, Easiest and Affordable Way to Incorporate, Register, Create, Start, Establish or Form any type of company in Canada.
By: CorporateReistries.ca
 
Dec. 20, 2010 - PRLog -- CorporateRegistries.ca incorporate your new corporation in Alberta, federally or provincially in any province of Canada according to the provisions of the Business Corporation Law. Corporate Registry Solutions Inc provides fast and easy Canada Online Incorporation Service and provides all the documents your new Canada corporation will need to keep your new corporation up-to-date and in compliance with your province corporations law.

Why Incorporate?

Incorporation Canada. Incorporating is the best way to establish your business and to protect your assets. Some of the benefits of incorporating are:

No personal liability for the oblligations and debts of the busines

Unincorporated business (sole proprietorships and partnerships) are liable for the full extent on his or her personal assets for the liabilities of the business. To reduce this risk, companies are incorporated to limit the liability of the owners and protect their personal assets.

Take advantage of tax savings

If your business is not incorporated, you pay personal income tax on your business annual net earnings. Depending on your level of earnings, you may be paying personal income tax rates as high as 47% on net earnings in excess of $ 100.000 in a year. After paying your taxes, the amount of cash left over for living expenses and savings is greatly reduced.

Income Splitting

With a company, you can effectively "Split" your income. An individual with no other resources of income will be able to receive approximately $ 24.000 of canadian dividends without being subject to tax. This is because of the dividend tax credit.

Expense Deductions

Operating your business through a company may allow you to increase expense allowances. i.e. Through corporation you can claim more liberal travel and entertainment expenses.

Some other beneftits of incorporation are:

Ease of transferring ownership. Ownership (represented by shares of stock) can be readily transferred;

No shareholder, officer or director may be held liable for debts of the Corporation unless corporate law was breached;

Limited Liability - shareholders are not held accountable for corporation’s debt, obligations, or acts of the company over and above the amount paid or owed for the purchase of shares.

Unlimited life - the corporation does not cease to exist, unlike sole proprietorships or partnership, with the death of shareholders because it is a separate legal entity.

Access to capital- corporations can raise capital by issuing and selling new shares in the company or by issuing debt.

The corporate structure provides for a great deal of flexibility with respect to ax planning;
Tax advantages- lower tax rates

For more information, or to incorporate now in Canada, please visit our website at:
http://www.corporateregistries.ca

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The Quickest, Easiest and Affordable Way to Incorporate, Register, Create, Start, Establish or Form any type of company in Canada. Canada Incorporation Service,
Registered Agent Services, Canada Corporate Compliance.
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Source:CorporateReistries.ca
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Tags:Canada Incorporation, Alberta Incorporation, Ontario Incorporation
Industry:Business
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