Canada
British Columbia

British Columbia
Canada Federal
New Brunswick
Nova Scotia
Ontario

Corporate income tax rates and business limits

Corporate income tax rates are expressed as a percentage of taxable income earned in the province.

B.C. has two rates of corporation income tax – the general rate and the lower small business rate.

The lower small business rate is applicable to Canadian-controlled private corporations (CCPCs) with active business income eligible for the federal small business deduction.

Generally, active business income is income earned by a corporation from a business other than a specified investment business or a personal service business.

The lower small business rate applies to active business income up to the B.C. business limit of:

– $500,000 effective January 1, 2010

– $400,000 effective January 1, 2005 to December 31, 2009

– $300,000 from April 1, 2002 to December 31, 2004

The general rate applies to income over $500,000 and any income that is not eligible for the lower small business rate (e.g., investment income).

When the rate or the business limit changes during the tax year, you have to base your calculation on the number of days in the year that each rate or limit is in effect.

General Corporate Income Tax Rate

Effective January 1, 2018 12.0%
April 1, 2013 – December 31, 2017 11.0%
January 1, 2011 – March 31, 2013 10.0%
January 1, 2010 – December 31, 2010 10.5%
July 1, 2008 – December 31, 2009 11.0%
July 1, 2005 – June 30, 2008 12.0%
January 1, 2002 – June 30, 2005 13.5%
July 1, 1993 – December 31, 2001 16.5%

Small Business Corporate Income Tax Rate

Effective April 1, 2017 2.00%
December 1, 2008 – March 31, 2017 2.50%
July 1, 2008 – November 30, 2008 3.50%
January 1, 2001 – June 30, 2008 4.50%
July 1, 2000 – December 31, 2000 4.75%
July 1, 1999 – June 30, 2000 5.50%
January 1, 1999 – June 30, 1999 8.50%

Why TBA

Besides our experience in offshore incorporation services, what separates us from our competitors is that our services don’t end with the registration of your company.

We offer you a wide range of additional services such as lifetime free support.

TBA combines professional advice, worldwide registration services, competitive fees, customized and fast order processing and lifetime support.

We do care about your business needs.

Should you have any question or matter
You would like to discuss or clarify with us

Or

Should you like to receive further Information
About our services and fees,…

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.

You may call or email us, and we will be happy to assist you in a fast and efficient manner.

You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.


Licensing Services
Our Company Services
Services we DO and Services we DO NOT DO

Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly registered and licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency business activities.

TBA & Associates Tax Business Advisors Limited does not carry out any sort of Cryptocurrency Business Trade