How fast can I register a company after landing as PR?

[jorgenmunk1983]

My wife and I intend to do our landing in Toronto in June (depending on the Corona virus situation) and will then go back to Denmark for the birth of our daughter in early August, before moving permanently to Canada around October/November 2020.

I have a job ready for me when we settle there for good, but my wife has a business idea that she would like to get started with ASAP (we are already working on the website, the products etc.)

My question is therefore:
How soon after our landing in Canada can we open a company?
Right away?
After SIN?
After PR card?

Although the name of the company is very original and I doubt anyone would sneak it away from us, my wife prefers getting registered before we buy the domain (I already told her they don't need to be exactly the same but she is quite insistent), which is why we would like to know how fast we can register.

Many thanks for your help and hope you are all staying safe out there.

 

[Copingwithlife]

My wife and I intend to do our landing in Toronto in June (depending on the Corona virus situation) and will then go back to Denmark for the birth of our daughter in early August, before moving permanently to Canada around October/November 2020.

I have a job ready for me when we settle there for good, but my wife has a business idea that she would like to get started with ASAP (we are already working on the website, the products etc.)

My question is therefore:
How soon after our landing in Canada can we open a company?
Right away?
After SIN?
After PR card?

Although the name of the company is very original and I doubt anyone would sneak it away from us, my wife prefers getting registered before we buy the domain (I already told her they don't need to be exactly the same but she is quite insistent), which is why we would like to know how fast we can register.

Many thanks for your help and hope you are all staying safe out there.

After she gets her SIN, otherwise it’ll be a non resident
Is it going to be a corporation or a sole prop?
If it’s a sole prop, and it’s in Ontario you’ll get a masters business license from the province NOT the CRA.
Then you’ll see if she wants to incorporate Provincially or Federally
You can do that online or get a lawyer
You’ll get a Business Number from the CRA, and register for a HST number if you must

 

[jorgenmunk1983]

Thanks for taking the time from Coping

It is going to be a sole prop and in Ontario. So what you are saying is that we need to wait till we have landed and gotten the SIN.

Thanks!

 

[Copingwithlife]

Thanks for taking the time from Coping

It is going to be a sole prop and in Ontario. So what you are saying is that we need to wait till we have landed and gotten the SIN.

Thanks!

You need the SIN if you're going to incorporate and or register for a HST #. A SIN is mandatory if you're going to get a HST number with the feds . If you get a master business license with the province, a SIN isn't required . If your spouse registers for a HST account, the legal name will be her name, however you can have a operating name on the accouht which would be the unique name you mentioned earlier

 

[drkosamia]

Thanks for taking the time from Coping

It is going to be a sole prop and in Ontario. So what you are saying is that we need to wait till we have landed and gotten the SIN.

Thanks!

Yes, you need to have SIN and might not need to register for GST/HST.

Trademark is a very long process and it may take 1-3 years, by the feel of your email it seems needed for you. Things changes of you are planning to launch a business on Amazon.

All the best.

 

[Z86]

Curious to know the current status OP.

 

[jorgenmunk1983]

Curious to know the current status OP.

we are still waiting on the new COPR from Canada...we had a daughter july 25th and in october they asked us for a medical exam and after we sent them that we havent heard back...
hoping to arrive in canada end summer, once i know i will be sure to share it here

 

[Z86]

we are still waiting on the new COPR from Canada...we had a daughter july 25th and in october they asked us for a medical exam and after we sent them that we havent heard back...
hoping to arrive in canada end summer, once i know i will be sure to share it here

Congratulations and All the best

 

[nishant.t]

Congrats @jorgenmunk1983

I am also in the same boat like your wife. I am a self employed Web Designer running my business and want to continue doing so after I land in Canada.

 

[Z86]

The welcome services in Canada also provie info on how to register a company

 

[nishant.t]

The welcome services in Canada also provie info on how to register a company

Which program did you apply for?

 

[Dimples123]

I am a international student can I register my business in canada

 

[nishant.t]

I am a international student can I register my business in canada

International student where?

 

[Dimples123]

in Ontario Canada

 

[stuthibalaji]

Hi Folks, I have a similar question. I will be landing for the first time in Canada on March 5th. I plan to work as an Independent Contractor for a US based company. Since the in person appointments for SIN are only possible after the quarantine period (15 days), I will not have one until then. Can I still work as an independent contractor without the SIN? Do I have to register as an entity to start working? Thank you in advance.