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Register your company in Canada with Commenda. Easy incorporation, compliance filings, corporate bank account opening and more.
Expanding to Canada? We make it as easy as clicking a button (promise)
Let us handle the setup while you focus on growing your business. From registering your entity to obtaining a Canada corporate bank account, we do it all.
Our customers get access to compliance calendars and dashboards to manage it all.
But in truth, we do the boring parts for you. Our experts navigate the complexities of Canada tax and corporate filings, so you can focus on running the show.
The best choice for companies looking to operate across the country. Registered under the Canada Business Corporations Act, a Federal Corporation is the most common and flexible entity.
The best choice for companies looking to operate across the country. Registered under the Canada Business Corporations Act, a Federal Corporation is the most common and flexible entity.
Commenda helps you start your business in Canada from anywhere in the world, sitting right at your desk. This starts with incorporating your company at the click of a button. We also support you with compliance filings, corporate bank account opening and more.
Features
Corporation
Partnership
Ownership
Owned by shareholders
Owned by general partners (unlimited liability) and limited partners.
Raising Capital
Can issue shares to raise equity; suitable for external investors.
Cannot issue shares; relies on partner contributions.
Preferred for
Startups, businesses needing external funding
Small businesses, professional partnerships
Compliance
Requires regular corporate filings and tax returns.
Less complex compliance requirements; minimal filings.
Taxation
Corporation is taxed on profits, and shareholders are taxed on dividends.
Partners are taxed individually on their share of income.
Liability Protection
Limited liability for shareholders.
General partners have unlimited liability; limited partners have limited liability.
We consult with you to select a unique and compliant name for your entity in Canada.
We submit your registration application to the govt, with all the required documents.
We get your business number from the CRA and register you for taxes.
Last, we consult and help open a corporate bank account in Canada for your business.
Within 6 months of FY end
Corporations must file a T2 Corporation Income Tax Return with the Canada Revenue Agency (CRA), reporting their taxable income, deductions, and credits. This ensures compliance with federal and provincial tax obligations
No deadline, but filed annually.
Corporations are required to prepare financial statements, including balance sheets, income statements, and cash flow statements, to provide a clear picture of the company's financial status. These must be maintained for tax filings and may need to be submitted to shareholders or regulatory bodies.
Last day of the month after reporting period.
Corporations engaged in taxable activities must file GST/HST returns to remit taxes collected on sales and claim input tax credits on business expenses. This filing frequency depends on the corporation's revenue (monthly, quarterly, or annually).
No deadline, but filed annually.
Corporations with employees must remit payroll taxes, which include income tax, Employment Insurance (EI), and Canada Pension Plan (CPP) contributions withheld from employee wages. Regular filings are mandatory for accurate remittances.
Varies by province.
Corporations must file annual returns with their respective provincial registry to maintain their corporate status. This updates information on directors, registered offices, and other corporate details.
The experience working with Commenda has been nothing short of magical. They deliver on-time with every request and help us demystify and navigate the compliance and legal matters at affordable prices.
Commenda opened our US entity and bank account in 3 days. My co-founder has an F1 visa and I’m from India. We weren’t sure of the right structure for the US entity. Commenda handled the entire process. I love how customer-obsessed their team is!
Commenda's team handles all our global regulatory and compliance needs promptly and seamlessly. This enables our team to focus solely on product development and business growth.
I switched to Commenda because my previous accountants were slow and overcharging me. We love using Commenda for their transparency of work and pricing, their ability to meet deadlines, and the accessibility to ask questions to their compliance experts.
No. Commenda will help you open an entity in any of our available markets 100% remotely – you don’t have to travel anywhere to run a global business.
The Commenda Marketplace hosts all of the services you need to get your business started in a new market.
You can find everything from accountants and lawyers to banking and payroll platforms.
Plus, Commenda will source new providers for your business if you can’t find it on the marketplace.
Commenda has a comprehensive vetting process to ensure our accountants are top-notch.
Commenda Accounting Partners are trained and onboarded to CommendaOS, meaning you can manage your service providers in every country from a single platform.
When it comes to service providers like accountants, we do the legwork so you can focus on growing your business worldwide.
Global tax, audit, governance, and HR compliance is a complicated issue–there are massive companies dedicated to managing compliance in single markets.
As a business user, it’s important to see your global footprint to know when it is time to establish a permanent operation in a new market, manage compliance risks, and keep all of your entities in good standing with local governments.
Every US business is by default cross-border: each of the 50 states has its own business registration process, taxes, and regulations.
Commenda helps your US business monitor your business’ exposure, calculate sales tax, and file year-end taxes in all 50 states.
