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Americas · Corporation (federal/provincial)

Forming a Canada Company as a Non-Resident (2026)

Non-resident's complete guide to forming a Corporation (federal/provincial) in Canada: cost $145, remote formation yes, banking, tax. 2026.

Can a non-resident form a Corporation (federal/provincial) in Canada?

Yes — Canada allows fully remote formation. As of 2026, the path looks like this for a non-resident founder:

Step-by-step process

  1. Choose your entity type. Most non-residents pick a Corporation (federal/provincial) — the Canada equivalent of an LLC / private company.
  2. Engage a local agent / corporate service provider. Required in many jurisdictions; expect to pay $300-$1,500 for full setup assistance.
  3. Reserve a company name with Canada's business registry.
  4. Submit incorporation documents: articles of association, director/shareholder details, registered address.
  5. Pay state filing fee: approximately $145.
  6. Receive certificate of incorporation in approximately 1 business day.
  7. Open a business bank account (see banking accessibility 9/10 below — this is often the harder step).
  8. Register for tax with Canada's tax authority. VAT/GST may apply at 5%.

Real cost beyond the filing fee

ItemTypical cost (USD)
Government filing fee$145
Annual maintenance fee$25
Local agent / formation service (one-off)$300–$1,500
Bank account opening (third-party fees)$0–$500
Accounting / tax filing (annual)$500–$3,000/yr

Banking — the real chokepoint

Canada's business banking accessibility is 9/10. Most online and traditional banks accept non-resident-owned companies. Mercury, Wise, Revolut Business, and local banks are workable.

Tax implications

  • Corporate income tax in Canada: headline 25%. ~15% federal + 9-16% provincial = 25-31% combined. Small Business Deduction → ~9% federal on first CA$500k.
  • VAT/GST: 5% — applies if registered for VAT (thresholds vary).
  • Dividend / withholding tax: when profits are distributed to non-resident owners, withholding tax usually applies. Tax treaties can reduce it.
  • Home-country tax: your country may apply CFC (controlled foreign company) rules. Many countries do. Check before incorporating.

When Canada makes sense for non-residents

Canada is commonly chosen by non-residents for: North American market, Canadian residents, Tech-friendly provinces. For comparison with a US LLC, see Canada vs USA. For US-specific tax math, use our non-resident US LLC tax calculator.

Authoritative source
Canada official business registry / authority
Last verified: 2026-05-15