Fees and timelines in 2023


payment method by instalmentIncorporation costs in Year 1 amount to US$6,500 and annual company costs in Year 2 and thereafter amount to US$650. The average fee per Canada engagement amounts to US$14,709, 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$14,709View invoice PDF
Limited partnershipUS$12,500View invoice PDF
PLCUS$12,100View invoice PDF
Branch of a foreign companyUS$13,100View invoice PDF
Representative officeUS$12,100View invoice PDF
Canada LLC packageUS$24,600View invoice PDF
Bitcoin LLCUS$24,700View invoice PDF
Holding LLCUS$12,100View invoice PDF
Subsidiary LLCUS$12,100View invoice PDF
British Columbia LLC US$13,150View invoice PDF
Canadian Money Services business US$24,790View invoice PDF

Click here to create your own Canada invoice


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 weeks4 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 contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!