A holding company is basically is the parent company, a separate legal entity whose purpose is to hold the shares of your operating company as a means of effective tax planning while protecting your wealth. Here is a graphical presentation.

Advantages of holding company:

  1. Asset protection from the creditors
  2. Optimal way to Inter-company dividend transfer (usually tax free)
  3. It basically provides an extra layer of protection
  4. It's an investment vehicle if you want to expand your business
  5. Optimal way to do income splitting  and tax saving

Ontario Professional Corporation

Package Starts at $499
Can be filed in 2 Hours

BC Professional Corporation

Agency Filing Fees $75
Govt. Admin & Registry Fees $452

Alberta Professional Corporation

Agency Filing Fees $75
Govt. Admin & Registry Fees $450

SK Professional Corporation

Agency Filing Fees $75
Govt. Admin & Registry Fees $692

Quebec Professional Corporation

Agency Filing Fees $75
Govt. Admin & Registry Fees $452

NB Professional Corporation

Agency Filing Fees $75
Govt. Admin & Registry Fees $300


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