So, you’re ready to make waves on the West Coast and launch your dream business in beautiful British Columbia? From kombucha breweries to eco-friendly tech startups, BC is fertile ground for fresh business ideas—and incorporating a company in BC is your first official step.
Don’t worry, we’ll keep it breezy (just like BC vibes). Here’s your fun, friendly, and slightly caffeinated guide on how to incorporate a company in BC without the stress.
Why Incorporate a Business in BC?
Incorporation isn’t just a fancy word for “official business.” It comes with real perks:
Major Benefits of BC Incorporation
- Limited liability – Protect your personal assets if your business goes sideways.
- Professional credibility – Look more legit to clients, partners, and investors.
- Tax advantages – Access small business tax deductions and benefits.
- Perpetual existence – The biz can live on even if you take a sabbatical (or retire in Tofino).
Plus, British Columbia makes it easy with its online registry and streamlined process. So let’s get into it!
Step-by-Step: How to Incorporate in BC
Here’s how to incorporate a business in BC in seven manageable steps.
Step 1: Choose a Name for Your Corporation
Make it catchy, make it legal.
NUANS Isn’t Required (Wait, What?)
Unlike other provinces, BC doesn’t require a NUANS report! Instead, BC uses its own name approval system. Submit a Name Request through BC Registries’ online system and wait for approval (usually within 2-3 business days). You can also use Canada Incorporation Agency, as our registry agents will make sure your name will have the best chances of approval by the BC government.
Want to skip the wait? You can go with a numbered company like 1234567 B.C. Ltd.
Step 2: Set Up Your Incorporation Details
You’ll need to decide on:
- Your business address (must be in BC). The business address can only be a physical address in British Columbia, and if you don’t have one you can use our Address Service.
- The number of directors (at least one, doesn’t have to be a BC resident). That’s right! There is no residency requirement in British Columbia. You don’t have to be a Canadian citizen or a permanent resident to incorporate in BC.
- Share structure and company rules
Keep this info handy—you’ll need it when filing.
Step 3: File Online with BC Registry
This is the part where you incorporate a company in BC officially.
Use the Canada Incorporation Agency online portal to submit your incorporation application. You’ll need:
- Approved company name
- Incorporation application details (from Step 2)
- Payment for the filing fee (currently around $350 (Government Fees) + the Agency Fees)
Step 4: Create Your Company’s Articles and Records
These are your company’s operating instructions. You can:
- Use standard articles (pre-approved templates)
- Or create your own (get legal help if doing this). Canada Incorporation Agency has a team of professional lawyers who are happy to craft these articles for you.
Also, create your minute book to store:
- Certificate of incorporation
- Company rules
- Resolutions, meeting minutes
- Shareholder and director details
Yes, it’s required. No, a shoebox of sticky notes won’t cut it.
Step 5: Register for Tax Accounts
Your new BC corporation will likely need:
- A Business Number (BN)
- GST/HST number (from CRA)
- Payroll account (if you’re hiring)
- Import/export license (if you’re crossing borders)
You can do this online via the CRA’s Business Registration portal.
Step 6: Business Licenses & Permits
Depending on your location and industry, you may need:
- A municipal business license
- Special industry permits (e.g., food handling, cannabis retail, etc.)
Check with your local city hall or use BizPaL to find what’s required.
Step 7: Keep Your Business Compliant
Once you incorporate in BC, your job isn’t done:
- File annual reports with BC Registries
- Update any changes to directors or address
- Hold annual meetings (even if it’s just you and your dog)
Don’t slack here—non-compliance can lead to dissolution. You’ll also need to update your corporate records whenever there’s a major change—like appointing new directors or issuing more shares. It’s a bit like feeding a pet dragon. It requires care and attention, but the rewards are worth it.
Real-Life Example: The BC Boat Co.
Meet Emily. She’s starting “The BC Boat Co.,” a boutique boat rental service in Kelowna. Here’s how she handled her BC incorporation online:
- Name Approval: Submitted her name through BC Registry.
- Incorporation: Filed everything online using standard articles.
- Minute Book: Got a sleek digital version to stay organized.
- Tax Accounts: Registered for GST and payroll.
- Licenses: Grabbed her local business license.
Emily’s ready to set sail—and you can be too!
FAQs About Incorporating in BC
Do I have to live in BC to incorporate there?
Nope! Directors don’t need to be BC residents, but your business must have a BC address.
What does it cost to incorporate a company in BC?
Government filing fees are about $350. If you use a service provider, total costs may range from $400–$700.
Can I incorporate a business in BC online?
Yes, 100%. BC has one of the most user-friendly online incorporation systems in Canada. Use Canada Incorporation Agency to simplify your BC incorporation process.
What’s the difference between federal and BC incorporation?
Federal incorporation gives you Canada-wide name protection, but you’ll still need to register in BC. BC incorporation is perfect if you’re focused on the province.
How long does the process take?
Online incorporation can be completed in 1–2 business days once your name is approved. If you incorporating a numbered company it can be done in just 2 business hours.
Final Thoughts
Incorporating a company in BC doesn’t have to be a mountain to climb. With the right steps, a little guidance, and maybe a good coffee, you’ll be officially in business before you know it.
Whether you’re building a tech company in Vancouver or opening a kayak shop on the Island, BC’s business-friendly vibe has your back.
Ready to incorporate a business in BC? Click here to start your BC incorporation online and ride the wave into entrepreneurship.
Happy launching, West Coast dreamers!