Neufeld Legal | Law Firm's Basic Ontario Provincial Incorporation Costs

Basic Ontario Incorporation

Contact Neufeld Legal PC for your incorporation legal work at 905-616-8864 or Chris@NeufeldLegal.com

Incorporating a company can be relatively straightforward, or it can be extremely complex, given the objective purposes for which it is intended to serve. As such, the cost of incorporating a company may be at the base rate, or as additional time and/or expenses are incurred, the prices will increase. Our basic rate legal fees starts at a mere $595.00, nevertheless as you can well note from the following charts there are considerable additional charges that must be paid in the process.

Ontario Provincial Incorporation approximates:

  $300.00  Provincial Charge for Incorporation (mandatory)
  $89.95  Electronic Incorporation Filing Charge
  $74.95  NUANS Name Reservation [one] (mandatory if not a numbered company)
  $595.00  Legal Fees Specific to Base Incorporation (basic package includes: drafting of articles of incorporation, preparation of by-laws, incorporation resolutions, registers and ledgers, reporting letter) + * ^ for additional legal work see below
  $15.00  Share Certificates (further corporate supplies are available at additional cost, i.e. corporate seal, minute book binder)
  $19.50  Disbursements and Other Charges (low approximation, i.e. postage, printing, copies; whereas such things as couriers represent further charges)
  $103.27 Taxes (unavoidable, where applicable)
  $1,197.67 BASE INCORPORATION COST - approximate [numbered company deduct $74.95 + HST]

+ Beyond the base incorporation are such matters as licensing, foreign registrations, unanimous shareholder agreements, legal consultations, amongst a range of contracts and legal advice. There are a range other costs that will also be potentially incurred, including annual renewals, registered office services, etc.

* Standard hourly legal rate of lawyer Christopher Neufeld for work beyond the base incorporation work is $400 per hour, plus applicable taxes, disbursements and other charges.

Note prices are subject to change, together with being dependent upon additional work that needs to be undertaken.

So if you are looking to incorporate a new corporation or deal with the corporate legalities impacting your company, contact us at 905-616-8864 or via email at Chris@NeufeldLegal.com.

^ Please note that the flat rates associated with a standard incorporation are strictly limited to a basic incorporation (federal, Ontario, Alberta) and does not involve other matters that might be corrollary to the incorporation process or might be atypical for a standard incorporation, including but not limited to related legal or tax advice, engagement with other governmental bodies or professional bodies, licensing, drafting of pertinent business contracts (i.e., shareholders' agreements), negotiations, disputes, financing, coordination with other companies or other legal structuring.

 

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Contact us via email at chris@neufeldlegal.com or call 905-616-8864.