Americas · Corporation (federal/provincial)
Canada Company Formation 2026
Filing $145 · Annual $25 · Corp tax 25% · Banking 9/10
The numbers
| Entity type | Corporation (federal/provincial) |
|---|---|
| Filing fee (one-off) | $145 |
| Annual government fee | $25 |
| Registered agent / corp. secretary | Not required |
| Headline corporate tax | 25% |
| Effective tax notes | ~15% federal + 9-16% provincial = 25-31% combined. Small Business Deduction → ~9% federal on first CA$500k. |
| VAT / GST / sales tax | 5% |
| Minimum paid-up capital | Nominal |
| Processing time | 1 business days |
| Remote formation | Yes |
| UBO public | No (private register) |
| Banking accessibility | 9/10 |
| Privacy score | 4/10 |
| Stripe | ✅ Available |
| PayPal Business | ✅ |
| Wise Business | ✅ |
Why people choose Canada
- Stable banking
- SBD reduces effective tax
- Strong tech immigration
Trade-offs to know
- Canadian-resident directors required (most provinces)
- GST/HST registration
Who Canada is best for
- North American market
- Canadian residents
- Tech-friendly provinces
Federal incorporation Corporations Canada CA$200. NUANS name search ~CA$30. BC/Alberta have no director residency requirement.
Authoritative sources
Canada official business registry / authorityFees last verified against the source: 2026-05-15
Other commonly compared Americas jurisdictions
Frequently asked questions
How much does it cost to form a company in Canada?
The state/registry filing fee is approximately $145. Annual maintenance is approximately $25.
What is the corporate tax rate in Canada?
Canada's headline corporate income tax rate is 25%. ~15% federal + 9-16% provincial = 25-31% combined. Small Business Deduction → ~9% federal on first CA$500k.
Can a non-resident form a company in Canada?
Yes, remote formation is generally possible in Canada.
Is Stripe available for Canada companies?
Yes, Stripe supports businesses incorporated in Canada.
What is the minimum paid-up capital?
Effectively none — companies can be formed with a nominal $1 of share capital.