What kind of lawyer do I need to start a business in Ontario?

The cost of incorporating in Ontario depends on a number of factors, including the type of corporation, the legal services required, and any additional government fees. Here are some general cost estimates:

  1. Federal incorporation: If you are incorporating a federal corporation under the Canada Business Corporations Act (CBCA), the government fee is $200. However, you may also need to pay for legal services, such as drafting the articles of incorporation, which can cost anywhere from a few hundred to a few thousand dollars.
  2. Provincial incorporation: If you are incorporating a corporation under the Ontario Business Corporations Act, the government fee for online filing is $300 or $360 for paper filing. Legal fees for drafting articles of incorporation may also apply.
  3. Name reservation: If you want to reserve a corporation name before incorporating, the fee is $15 for online reservation and $40 for paper reservation.
  4. Annual filings: Corporations in Ontario are required to file an annual return with the government, which costs $12 for online filing or $40 for paper filing.

It is important to note that these are just general estimates, and the actual cost of incorporating can vary depending on your specific circumstances and needs. It is recommended that you consult with a lawyer or incorporation service provider to get a more accurate estimate. If you have any questions please contact us at info@falconlawyers.ca or 1-877-892-7778.

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