Provincial VS Federal Incorporation for Online Business
Hello guys,
I currently reside in Alberta, but planning on moving to BC later this year.
I have recently started an app development business with clients from all over the world (mostly USA), where I charge USD $250-600 a year per client. I am not going to get into specifics, as that shouldn't really matter.
Federal filing is slightly cheaper as far as I am aware, and provides more protection for the name of the business.
I run the business from home.
My question for you guys is, with this business being 100% online (no physical products at all), should I incorporate provincially or federally? And why?
Thank you!
I currently reside in Alberta, but planning on moving to BC later this year.
I have recently started an app development business with clients from all over the world (mostly USA), where I charge USD $250-600 a year per client. I am not going to get into specifics, as that shouldn't really matter.
Federal filing is slightly cheaper as far as I am aware, and provides more protection for the name of the business.
I run the business from home.
My question for you guys is, with this business being 100% online (no physical products at all), should I incorporate provincially or federally? And why?
Thank you!