Corporations have to pay income tax in monthly or quarterly installments unless the total of Part I, Part VI, Part VI.1, and Part XIII.1 taxes payable for either the previous year or the current year is $3,000 or less. The balance of tax the corporation owes for a tax year is due within either two […]
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When do you have to file your corporate tax return in Canada?
File your return within six months of the end of each tax year. The tax year of a corporation is its fiscal period. When the corporation’s tax year ends on the last day of a month, file the return by the last day of the sixth month after the end of the tax year. When […]
Corporation income tax return
Canada Corporation income tax return. All resident corporations have to file a corporation income tax (T2) return every tax year even if there is no tax payable. This includes: non-profit organizations tax-exempt corporations inactive corporations Who has to file a T2 return? Resident corporations All corporations—including non-profit organizations, tax-exempt corporations, and inactive corporations—have to file […]
How to Register a Corporation in Yukon
By ecompanies on January 5, 2019 in Doing Business in Yukon, Yukon Corporate Registry, Yukon Corporation, Yukon Incorporation
A Yukon corporation is a statutory creature, created and regulated by provincial law (Yukon Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Yukon Business Corporation Act. What sets the corporation apart, in a theoretical […]
How to Register a Corporation in Saskatchewan
By ecompanies on January 5, 2019 in Doing Business in Saskatchewan, Saskatchewan Corporate Registry, Saskatchewan Corporations, Saskatchewan Incorporation
A Saskatchewan corporation is a statutory creature, created and regulated by provincial law (Saskatchewan Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Saskatchewan Business Corporation Act. What sets the corporation apart, in a theoretical […]
How to Register a Corporation in Quebec
By ecompanies on January 5, 2019 in Doing Business in Quebec, Quebec Corporate Registry, Quebec Corporations, Quebec Incorporation
A Quebec corporation is a statutory creature, created and regulated by provincial law (Quebec Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Quebec Business Corporation Act. What sets the corporation apart, in a theoretical […]
How to register a Corporation in Prince Edward Island
By ecompanies on January 5, 2019 in Doing Business in prince Edward Island, Prince Edward Island Corporate Registry, Prince Edward Island Incorporation
A Prince Edward Island corporation is a statutory creature, created and regulated by provincial law (Prince Edward Island Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Prince Edward Island Business Corporation Act. What sets […]
How To Register a Corporation in Nunavut
By ecompanies on January 5, 2019 in Doing Business in Nunavut, Nunavut Corporate Registry, Nunavut IncorporationNunavut Corporations
A Nunavut corporation is a statutory creature, created and regulated by provincial law (Nunavut Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Nunavut Business Corporation Act. What sets the corporation apart, in a theoretical […]
How To Register a Corporation in Nova Scotia
By ecompanies on January 5, 2019 in Doing business in Nova Scotia, Nova Scotia Corporate Registry, Nova Scotia Incorporation
A Nova Scotia corporation is a statutory creature, created and regulated by provincial law (Nova Scotia Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Nova Scotia Business Corporation Act. What sets the corporation apart, […]
How to Register a Corporation in the Northwest Territories
By ecompanies on January 5, 2019 in Doing Business in The Northwest Territories, Northwest Territories Corporate Registry, Northwest Territories Incorporation, orthwest Territories Corporations
A Northwest Territories corporation is a statutory creature, created and regulated by provincial law (Northwest Territories Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Northwest Territories Business Corporation Act. What sets the corporation apart, […]