Company Formation Services in Toronto

Updated on Friday 27th November 2020

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Foreign enterprisers who want to open companies in Canada have various choices when it comes to the cities they established their activities in. Apart from the capital, Ottawa, there are other important cities such as Montreal and Toronto which are well seen by foreign investors.

Out of these, Toronto, the capital of Ontario province, stands out as the financial capital of Canada and entrepreneurs who want to open companies here will benefit from many advantages and a well-developed local economy. Our Canadian company registration agents can offer information on how to set up a company in Toronto and also how to open a company in Ontario, one of the most important provincies in Canada.

The most important local economic sectors in Toronto, Ontario

As mentioned above, Toronto is Canada’s financial capital, the capital of Ontario province and the same industry places the city among the top financial hubs on the continent and in the world. The financial services industry is one of the most important economic sectors in Toronto, together with the IT industry.

Foreign investors who want to open companies in Toronto, Ontario, should know that the Canadian city occupied the highest positions in various studies carried out by prestigious magazines all over the world. Among these, Toronto was commended for the intelligence of its workforce, for the opportunities it offers to entrepreneurs, for its tax efficiency and for the global investments possibilities.

Our company formation consultants in Canada can offer detailed information about the taxation system applicable in Toronto and they can also help you with company formation in Ontario.

How to register a company in Toronto

Our Canada company incorporation advisors can help investors who want to establish their companies in Toronto, Ontario. The first step to take is to choose a company name and register it and then have the Articles of Association of the company drafted. Our local agents can handle these steps.

The registration of a company in Toronto must be completed with the provincial Trade Register in Ontario, as the city is the capital of this territory. Once the Registrar issues the company’s certificate of incorporation, the business owner must apply for the relevant licenses and permits in order to start the activity. These licenses are issued in accordance with the local legislation.

If you want to open a company in Toronto, Ontario and need assistance, do not hesitate to contact our Canadian company formation representatives. They will also offer you information about company formation in other towns in Ontario.