Canada

British Columbia
Canada Federal
New Brunswick
Nova Scotia
Ontario

Incorporating in Canada
Canada Taxation
Corporate Tax Rates

Federal Tax Rates

The basic rate of Part I tax is 38% of your taxable income, 28% after federal tax abatement.

After the general tax reduction, the net tax rate is:

18% effective January 1, 2010
16.5% effective January 1, 2011
15% effective January 1, 2012

For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 11%.

Provincial or territorial rates

Generally, provinces and territories have two rates of income tax – a lower rate and a higher rate.

Lower rate

The lower rate applies to the income eligible for the federal small business deduction. One component of the small business deduction is the business limit. Some provinces or territories choose to use the federal business limit. Others establish their own business limit.

Higher rate

The higher rate applies to all other income.

Provincial and territorial tax rates (except Quebec and Alberta)
The following table shows the income tax rates for provinces and territories (except Quebec and Alberta, which do not have corporation tax collection agreements with the CRA).

Provincial and territorial lower and higher tax rates not including Quebec and Alberta

Province or territory Lower rate Higher rate
Newfoundland and Labrador 4% 14%
Nova Scotia 3.5% 16%
Prince Edward Island 1% 16%
New Brunswick 4.5% 10%
Manitoba nil 12%
Saskatchewan 2% 12%
British Columbia 2.5% 10%
Yukon 4% 15%
Northwest Territories 4% 11.5%
Nunavut 4% 12%

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