Ontario is a key destination for company formation in Canada, offering a vibrant economy, strong legal framework, and business-friendly environment. As Canada’s most populous province and its economic powerhouse, Ontario provides businesses with access to diverse industries. Ontario’s competitive corporate tax rate, along with various government grants and incentives, makes it an appealing location for business formation and expansion. Ontario also benefits from its trade agreements, including the United States-Mexico-Canada Agreement (USMCA), offering businesses seamless access to North American markets. The provincial government actively encourages entrepreneurship and investment through a variety of tax incentives, grants, and business development programs. The most common business structures in Ontario is Limited Liability Company (LLC)

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