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Difference between revisions of "Incorporating a Company"
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Incorporating a Company (view source)
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A public company has its shares listed and traded on a stock exchange. A private company is typically a small company with very few shareholders, and its shares aren’t offered for sale to the public. This script only applies to private BC companies. | A public company has its shares listed and traded on a stock exchange. A private company is typically a small company with very few shareholders, and its shares aren’t offered for sale to the public. This script only applies to private BC companies. | ||
All private BC companies are incorporated online | ==All private BC companies are incorporated online== | ||
Use the Corporate Online services found at [http://www.corporateonline.gov.bc.ca www.corporateonline.gov.bc.ca]. You can use a credit card to pay for the fees. | |||
==Decide on a name for your company== | ==Decide on a name for your company== | ||
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==The Articles are the rules and regulations for the conduct of your company== | ==The Articles are the rules and regulations for the conduct of your company== | ||
You can use the sample set in the Business Corporations Act or have them specially drafted to suit your needs. The Incorporator must sign the Articles of the company. You don’t need to submit the Articles to the Corporate Registry, but you should file a copy in the company’s records book. | You can use the sample set in the ''Business Corporations Act'' or have them specially drafted to suit your needs. The Incorporator must sign the Articles of the company. You don’t need to submit the Articles to the Corporate Registry, but you should file a copy in the company’s records book. | ||
==What is the Notice of Articles?== | ==What is the Notice of Articles?== | ||
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You must “e-file” or electronically submit your Incorporation Application and attached Notice of Articles to the Corporate Registry, along with the prescribed fee, through Corporate Online. Your company will then be incorporated almost instantly. If you prefer, for an additional fee, you can specify a date and time up to ten days in future for the incorporation of the company. | You must “e-file” or electronically submit your Incorporation Application and attached Notice of Articles to the Corporate Registry, along with the prescribed fee, through Corporate Online. Your company will then be incorporated almost instantly. If you prefer, for an additional fee, you can specify a date and time up to ten days in future for the incorporation of the company. | ||
When you e-file, you’ll have to set up a password (and specify a hint to help you remember the password) for your company so you can submit forms in the future | When you e-file, you’ll have to set up a password (and specify a hint to help you remember the password) for your company so you can submit forms in the future using [http://www.corporateonline.gov.bc.ca www.corporateonline.gov.bc.ca]. After you e-file, the Corporate Registry will issue a Certificate of Incorporation and send you “certified” or true copies of the Incorporation Application and Notice of Articles. | ||
==After incorporating your company, it must be organized== | ==After incorporating your company, it must be organized== | ||
