HR Home Forums Community Incorporation Formation – By a Work Permit Holder

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  • Conner Lantz
    Keymaster
    Post count: 4836

    Team,

    Is it possible to form an Incorporation by an individual who is on Work Permit in Ontario Province?

    The guy and his wife both are on Work Permit and they want to apply for forming an Incorporation. Pleaes advise.

    Regards
    Hemal Buch

    Conner Lantz
    Keymaster
    Post count: 4836

    My personal belief–which you should not take as being legal advice which I’m unqualified and not allowed to provide–is that, yes, an individual can form a corporation in Ontario as long as he/she:

    • Is 18 or older;
    • Of legally sound mind; and
    • Not an undischarged bankrupt.

    However, an incorporator must be a Canadian resident to be the corporation’s sole officer, shareholder and/or director. I’m pretty sure this is right but recommend you run it by counsel to be sure. Glenn

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