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Our Website : https://sourceaccounting.ca/ Article Link : https://sourceaccounting.ca/federal-v... Ready to Incorporate but Not Sure What the Next Steps Are? This video explains the differences between federal corporations and Ontario corporations, helping you decide the right fit for your business. From legal and tax perspectives, both are the same, but here’s what you need to know: Name Protection: Federal corporations get nationwide protection, while Ontario corporations are limited to the province. Registered Office: Federal corporations can move offices anywhere in Canada; Ontario corporations must remain in Ontario. Rules: Ontario allows more flexibility with name approvals and incorporation articles. Costs: Federal corporations have lower startup costs but require annual renewal fees; Ontario corporations have free renewal. Named vs. Numbered Corporations Related Articles for More Insights: Advantages of Incorporation (https://sourceaccounting.ca/advantage...) Business Start-up Guide: Steps After Incorporation (https://sourceaccounting.ca/business-...) Income Splitting for Small and Medium-Sized Businesses (https://sourceaccounting.ca/income-sp...) Corporate Tax Return Cost (https://sourceaccounting.ca/corporate...) Incorporation is not just a legal formality—it helps businesses grow, stay flexible, and prepare for long-term success. #FederalCorporation #OntarioCorporation #BusinessIncorporation #TaxPlanning #SourceAccounting Disclaimer The contents of this video are provided for general guidance only and are based on information believed to be accurate and complete. However, we cannot guarantee its accuracy or completeness. This video does not provide legal or tax advice, nor should it be relied upon as such. For specific advice tailored to your situation, please consult a qualified tax professional or accountant. Reach out today: Cell: 647-930-8130 email: [email protected] Web: www.sourceaccounting.ca