What is Ontario Non-profit Corporation?
Contrary to the profit-seeking corporation, non-profit corporation, sometimes called not-for-profit corporation, is built for the welfare of some specific group of people of the society, but not for profit, such as some associations of senior entertainment, charity organizations. Non-profit corporations neither have any shares issued, nor do they have shareholders, but instead, they have members supporting the organization and paying the annual fee.
The main categories of Non-profit Corporation include: Non-Charitable and Charity.
Normally, sports clubs, arts, business/professional associations, and community service organizations may be registered as a non-charitable corporation; the religious organizations, foundations/services for seniors, children or disable people and related organizations, relief of poverty, promotion of health, and environmental protection, etc. can be registered as a charity.
A Minimum of Three First Directors is required to register an Ontario Non-Profit Corporation.
You must have an officially produced NUANS name search report ready when you incorporate your non-profit organization.
How do you incorporate a Non-profit Corporation in Ontario?
If you would like our Ontario incorporation service, please go to this page to order our service (No. 11 for regular service and No. 12 for expedited service on the page).
The Ontario Government fee for non-profit incorporation is:
1. $155.00 (standard service – processing time approximately 8 weeks);
2. $255.00 (expedited service – processing time 7 business days).
The methods of payment to Government are regular cheque, certified cheque or money order making payable to the Ministry of Finance. You may also pay by cash, Visa/Master/American Express or debit card.
Please allow two months to get your Letters Patterns from the Government calculating from the date when the government office receives your well-prepared document package.
If you have any questions, please leave a message to us.