Incorporating in Ontario (OBCA)
Incorporating a business under the Ontario Business Corporations Act (OBCA) via the Ontario Business Registry.
Incorporating under the Ontario Business Corporations Act (OBCA) creates an Ontario provincial corporation. An OBCA corporation has legal personality separate from its shareholders and directors.
OBCA incorporation is popular for businesses operating primarily in Ontario. It provides automatic corporate registration in Ontario without requiring a separate extra-provincial registration fee. Effective 2021, Ontario removed the requirement for 25% of directors to be Canadian residents, making it accessible to international founders.