Automated Business Incorporation in BC

Many businesses start as a sole proprietorship which means that the business normally operates under the name of the owner. The owner is financially liable for any debts the business may incur. The owner may eventually want to incorporate their business to protect their personal assets from legal judgments and financial responsibilities that may be brought upon the business. If the business incorporation is completed correctly, the owner may also be able to take advantage of several tax benefits. To continue operating under an incorporated status, the business must pay annual fees to the province as well as file periodic business updates with the province.

Go Corporate is a company that helps businesses business registration through easy to follow step-by-step instructions. The company also assists businesses adhere to all of the legalities involved with incorporating process. To begin incorporation BC requires the business to first register its name with the province. The business will then be responsible for completing several forms, articles of incorporation and paying various fees depending on the type of corporation the owner seeks. Most business owners hire attorneys to ensure the proper paperwork is correctly filed on behalf of the business. If a business owner gets overwhelmed with the process, he may wish to hire a third-party company, like the one mentioned previously, to assist with the process.



The third-party company makes the incorporating process easier by giving the business owner an easy-to-follow Graphic User Interface (GUI) application to utilize. This GUI application helps to guide the owner through each step and has an option to explain any unfamiliar terms to the owner. This application also helps the owner choose the best type of corporation depending on the business goal. Since this application is connected to the provincial database, the owner is able to check within seconds if the name of the business is already incorporated. Another benefit of using this application is that the necessary articles may be filed automatically. The legal forms may also be printed directly from the application as well as mailed to the owner. Any business fees may be paid directly through the application or mailed in to the proper authorities.

The user-friendly interface of the automated application allows the owner to select from different business packages that allows the owner to receive help with specific portions of the incorporation process or all of the process. The smallest package may assist the owner with getting an assigned: Federal Business Number (FBN), business license and establish a business bank account. The highest package most owners utilize is helps with investment incomes, dividends and shareholder activity.