Fees and timelines

Fees

payment method by instalmentIncorporation costs in Year 1 amount to US$5,100 and annual company costs in Year 2 and thereafter amount to US$1,300. The average fee per Canada engagement amounts to US$11,100, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.

Different Canada entity typesCostDraft invoice
Tax resident LLCUS$11,100Canada LLC invoice
Limited partnershipUS$12,500Canada LP invoice
PLCUS$12,100Canada PLC invoice
Branch of a foreign companyUS$12,100Canada BO invoice
Representative officeUS$12,100Canada RO invoice

Click here to create your own Canada invoice

Timelines

The average engagement period for Canada company formation is 12 weeks as outlined below:

ServiceTax resident LLCLimited PartnershipPLCBranchRepresentative Office
Engagement planning1 week1 week1 week1 week1 week
Company incorporation period3 weeks3 weeks4 weeks4 weeks3 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks
Internet banking approval3 weeks3 weeks3 weeks3 weeks3 weeks
Engagement completion1 week1 week1 week1 week1 week
Total engagement period12 weeks12 weeks13 weeks13 weeks12 weeks

canada business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Canada, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar