Eric P. Cohen, Barrister & Solicitor offers an Ontario Not-For-Profit Incorporation package which provides you with a not-for-profit corporation incorporated pursuant to Part III of the Corporations Act (Ontario).
A not-for-profit corporation is similar to a for-profit or business corporation as it is considered to be a legal person with an independent existence separate and distinct from its members. The main difference between a for-profit and not-for-profit corporation is the ability to distribute profits. In a not-for-profit corporation any profit must be retained within the corporation and cannot be distributed to the members.
In order for an Ontario Not-For-Profit Corporation to operate in any other Canadian Province or Territory, it must first register in that other jurisdiction as an “Extra-Provincial” Corporation. If you are planning to operate your organization in a number of Provinces, or across Canada, a Federal Not-For-Profit Incorporation may be a better option.
Incorporation benefits for non-profit organizations and charities include the following:
When you begin the not-for-profit incorporation process, you will quickly notice that our pricing is competitive, comprehensive, and affordable. Our incorporation package for non-profit organizations in Ontario is complemented and enhanced by professional staff members, service excellence, and compliant, accurate, and customized documents. If you have any questions about our Ontario incorporation package for non-profit organizations, please contact us today.
Standard Incorporation Packages include all mandatory documentation required to properly incorporate and organize your non-profit corporation. This includes preparation and filing of the incorporation documents, along with corporate organization, (including by-laws, registers, ledgers, initial meeting minutes/resolutions), and the preparation of a corporate minute book and seal.
|Expedited Processing||Priority Processing|
|Processing Time||6 weeks||7-10 business days|
|Government Filing Fee||$155.00 - $305.00||$255.00 - $405.00|
|Annual Return Filing Fee||None|
|Type of Name Search Required||Ontario biased NUANS Search|
|Director Residency Requirements||No resident Canadian directors required|