How Long to Incorporate a Business in BC?
Short answer: Incorporating a business in British Columbia (BC) can take as little as 1 to 3 business days—if your documents are in order and no name approval is required. However, if you need a name reservation or additional support, the timeline can extend to 7 to 10 business days or more.
As a business owner or entrepreneur in BC, especially if you’re based in Vancouver or surrounding areas, understanding how long it takes to incorporate is essential for planning your launch, securing financing, and starting operations.
In this article, we’ll walk you through the timeline, key steps, and what can speed up—or slow down—the process.
What’s the Fastest Way to Incorporate a Business in BC?
The fastest method is to file your incorporation online using the BC Business Registry’s Corporate Online system and register your business as a numbered company (e.g., 1234567 B.C. Ltd.). This can often be completed within 1 business day, especially when done early in the day.
However, if you want a custom business name, you’ll first need to submit a name reservation to BC Registries, which usually takes 2–3 business days for approval.
What Are the Main Steps to Incorporate a Business in BC?
Here’s a step-by-step checklist for entrepreneurs in BC:
✅ Step-by-Step: How to Incorporate in British Columbia
1. Decide on a business name
– Skip this if you’re going with a numbered company.
– Otherwise, submit a Name Request (NR) online and wait for approval (2–3 days).
2. Prepare your incorporation documents
– These include the Incorporation Application, Notice of Articles, and Articles of Incorporation.
– You’ll need to list directors, share structure, and registered office addresses.
3. File online through the BC Business Registry
– Use Corporate Online to file your documents and pay the $350 government fee.
4. Receive your incorporation number
– Once approved, you’ll get your incorporation certificate and other official documents.
5. Complete post-incorporation tasks
– These include opening a corporate bank account, registering for GST/PST, and drafting a shareholder agreement (we can help with that).
Estimated Timeframe
What Can Delay the Incorporation Process?
Several common issues can slow things down:
- Errors in documentation (e.g., typos in director names, incomplete forms)
- Delays in name approval due to similarity with other names
- Missing corporate structure details, especially around share classes or roles
- Filing during holidays or peak periods
Working with a business lawyer can help avoid these pitfalls and ensure your company is set up correctly from day one.
Can I Incorporate My Business Myself?
Yes, many entrepreneurs in BC choose to incorporate their business on their own using the government’s online portal. However, DIY incorporations often miss critical elements like:
- Proper share structure planning
- Having a clear shareholders’ agreement
- Tax-efficient setup based on future growth or sale
- Legal compliance and clarity on directors’ responsibilities
If you’re serious about growth, bringing in a lawyer (like us at Fulcrum Law) gives you a stronger foundation and reduces risk.
Why Incorporate with Fulcrum Law?
We’re a boutique business law firm based in Vancouver, British Columbia, specializing in helping entrepreneurs, startups, and small business owners. We don’t just “file the paperwork”—we help you:
- Choose the right structure
- Set up effective shareholder agreements
- Align your legal and financial strategy from the start
We’ve helped countless BC founders incorporate their companies quickly and correctly.
Frequently Asked Questions
How much does it cost to incorporate a business in BC?
Government filing fees are $350, plus a $30 name reservation fee if you’re not using a numbered company. Legal fees vary depending on complexity but often range from $800–$1,500 for a full-service incorporation.
Do I need a lawyer to incorporate in British Columbia?
No, but it’s highly recommended. A lawyer ensures your business is legally sound from day one, helping you avoid costly mistakes down the road.
What’s the difference between a sole proprietorship and an incorporated company?
A sole proprietorship is easy to set up but offers no personal liability protection. Incorporating separates your personal assets from the business and may offer tax advantages and increased credibility.
Can I change my business name after incorporating?
Yes, but it requires filing a Name Change application with BC Registries and may involve additional fees and rebranding costs.
Related Resources
Let’s Get Your Business Incorporated—The Right Way
If you’re ready to incorporate in BC, Fulcrum Law can help. We take care of the details so you can focus on growing your business with confidence.
Contact us today to get started on your incorporation the right way.
