Advantages of Incorporation
- No other company may use your business name
- Limited liability
- You can sell your business
- If a partner leaves or dies your business continues
- You can choose either debt or equity financing
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Disadvantages of Incorporation
- Closely regulated
- Most expensive form of business to organize
- Extensive record keeping necessary
- Personal guarantees undermine limited liability
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Name Approval
( 131KB) |
The name approval form can be downloaded, filled out and brought to Comox Valley Economic Development Society to get your name approved. This process takes approximately 24-48 hours.
You may also get your Name Approval Online by following a few easy steps.
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Incorporation Application Overview
(59KB) |
Background information to incorporating your company. |
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Incorporate your Company
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How to incorporate your company. Be sure to read carefully due to the complexity of incorporating your business. |
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BC Business Incorporation Act
((775KB)
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The business incorporation act outlines the legalities of incorporating your company. |
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Sample of Incorporation Agreement
(54KB) |
The sample of the incorporation agreement outlines your agreement between stakeholders of the incorporated company. |
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Setting up Share Structure
(88KB) |
The setting up share structure outlines what you need to know in order to set up your company's share structure. |
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Incorporation Application
(59KB) |
Incorporation application is a downloadable application to incorporate your company. |
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Steps to Incorporating your Company
(139KB) |
Steps to incorporate your company outlines the necessary steps to becoming a separate entity with limited liability. |
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Application for Voluntary Dissolution
(59KB) |
The Application for voluntary dissolution is required when your company has been in operation and wants to incorporate. This form can be done in conjunction with the name approval. |
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Incorporation Fees
(70KB) |
The incorporation fees outlines all the costs of incorporating your company. |
