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Thanks speed, I went through the same thing,and found the big advantage of online NUANS report is that you can presearch the name to see if there are lots of similar names out there.

bonnechance(VISA)
本文发表在 rolia.net 枫下论坛If I read your article a couple of days eariler then I could save 40bucks since I first ask for a search house for nuans report. the flipside of this approach is that you can't search the names yourself, you propose the name to search house, and that's it. for the online presearch, you can do many presearch, if the name appears to be quite similar and less distincitve, you change the name and search again.

another benefit of federal incoporation is that the service is quite fast. just as speed mentioned, the turnaround time is about one day, if you submit nuans report today, you get the reply tomorrow morning.

one comment on federal incorp: if you plan to do business(incorporate in other provinces) in other provinces, you only incorporate once, and register in other provinces, you don't have to incorporate provincially again, which saves you money. it's not a big amount of money, but as a new startup, it's a lot.

For now, i am just done with federal incorporation and ontario registration, haven't received ontario corp no. yet. I guess the next step will be gst/hst stuff, and imp/exp registration with CCRA

anther thing i learnt from it is that you'd better go through the whole thing yourself first, since this is such a good learning experience, you will get to know how thing works here, how efficiently the gov works. you can pay 4 hundred buck to get someone to do it for you if you are extremely busy or have communication problem, but i strongly recommend to go for the do-it-yourself approach!
Thanks buddies, speed, wangwang, and rolia bbs, let's all aim for the future.更多精彩文章及讨论，请光临枫下论坛 rolia.net
(#827977@0)
Last Updated: 2002-10-31
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Replies, comments and Discussions:

  • 工作学习 / 事业与工作 / 有限公司注册（联邦版） -speed(如风); 2002-10-29 {1123} (#825140@0)
    • ! -expertune(真的伪劣); 2002-10-29 (#825144@0)
      • ? -speed(如风); 2002-10-29 (#825150@0)
        • !!! -expertune(真的伪劣); 2002-10-29 (#825173@0)
    • 好！记下了。下次介绍注册 International 的公司吧 -eglington(_); 2002-10-29 (#825145@0)
      • International 的公司直接把钱交给我就行 -expertune(真的伪劣); 2002-10-29 (#825151@0)
    • 好人啊，我正为这事琢磨呢，现在心里有数了，多谢兄弟帮忙！ -maomaocong(成年毛毛虫); 2002-10-29 (#825243@0)
      • no problem, any questions, feel free to ask..:) i am still learning as well. -speed(如风); 2002-10-29 (#825430@0)
    • Please continue. I have choice of putting my family members as share holders, or as employees. Any differences between these two choices? About total assets, should I put more or less? -1499728inc(bank); 2002-10-30 (#825904@0)
      • depends on what your purpose is. -speed(如风); 2002-10-30 {487} (#825916@0)
        a shareholder owns part of the company, they will have right to vote in the annual shareholder meeting. as employee, you may have to go to the payroll part, which i am not familiar with, coz' i just started as well, didn't hire anybody yet.
        regarding total assets, depends what you want to do with it. you could free loan your money to the company, then take them back when your company makes money. so it's really your own choice to put more money in or not, depends on what you do.
        • It is for tax purpose. I am the only who is in charge. Shareholders collect dividend. And devidend is from the net income after corporate tax. Dividend or employment income which one pays less tax overall? -1499728inc(bank); 2002-10-30 (#825937@0)
          • both income are treated as personal income, tax rate is the same. -speed(如风); 2002-10-30 (#826090@0)
            • But employment income is part of operating costs that is deducted before corporate tax. Dividend is after corporate tax. So employment income is better off to me. -1499728inc(bank); 2002-10-30 (#826147@0)
              • right, from corporate tax standing of point. you are right. but you may want to consider other factors, like EI, etc. I am not quite sure about it. -speed(如风); 2002-10-30 (#826252@0)
                • Family members do not pay EI because they are not eligible to collect it. WISB is only 1.3% of total earnings. -1499728inc(bank); 2002-10-30 (#826298@0)
    • 请Check your Rolia Mail!Thanks. -beijingchedaogou(CheDaoGou); 2002-10-30 (#825941@0)
    • 非常感谢,有情后补! -beijingchedaogou(CheDaoGou); 2002-10-30 (#826308@0)
    • 谢谢,我已将您的文章转到chinasmile和51论坛,不知是否牵涉版权问题:) -wangwang(旺旺); 2002-10-30 (#826399@0)
      • no problem..i seldom visit there..:) thanks for your article b4, i learned a lot from it as well. -speed(如风); 2002-10-30 (#826465@0)
    • Thanks speed, I went through the same thing,and found the big advantage of online NUANS report is that you can presearch the name to see if there are lots of similar names out there. -bonnechance(VISA); 2002-10-31 {1617} (#827977@0)
      本文发表在 rolia.net 枫下论坛If I read your article a couple of days eariler then I could save 40bucks since I first ask for a search house for nuans report. the flipside of this approach is that you can't search the names yourself, you propose the name to search house, and that's it. for the online presearch, you can do many presearch, if the name appears to be quite similar and less distincitve, you change the name and search again.

      another benefit of federal incoporation is that the service is quite fast. just as speed mentioned, the turnaround time is about one day, if you submit nuans report today, you get the reply tomorrow morning.

      one comment on federal incorp: if you plan to do business(incorporate in other provinces) in other provinces, you only incorporate once, and register in other provinces, you don't have to incorporate provincially again, which saves you money. it's not a big amount of money, but as a new startup, it's a lot.

      For now, i am just done with federal incorporation and ontario registration, haven't received ontario corp no. yet. I guess the next step will be gst/hst stuff, and imp/exp registration with CCRA

      anther thing i learnt from it is that you'd better go through the whole thing yourself first, since this is such a good learning experience, you will get to know how thing works here, how efficiently the gov works. you can pay 4 hundred buck to get someone to do it for you if you are extremely busy or have communication problem, but i strongly recommend to go for the do-it-yourself approach!
      Thanks buddies, speed, wangwang, and rolia bbs, let's all aim for the future.更多精彩文章及讨论，请光临枫下论坛 rolia.net
      • what's ur biz activity? care to talk some? -speed(如风); 2002-10-31 (#827988@0)
        • mostly imp/exp, products can be anything ranging from computer accessories to food, -bonnechance(VISA); 2002-10-31 {430} (#829144@0)
          the other part will be e-commerce stuff, i know this is gonna be tough, and i heard a lot of negative feedback. for me, it's like start out without any specific plan, coz' i am still working at a bank.

          So speed, can you share some experience on GST/HST process, is online service also available? If I don't plan to hire anyone, do i need to open payroll account? if you are busy, an URL is OK, thanks and wish you good luck!
          • register GST/HST account? it's already in my post. item 4. i don't think u will need payroll account if you don't hire anybody, i didn't apply for it for myself. -speed(如风); 2002-11-1 (#829562@0)

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