Ownr
Starting a business can be an exciting but complex process. Many entrepreneurs struggle with understanding legal procedures, filing the correct documents, and choosing the right business structure. For Canadians looking to simplify these steps, Ownr offers an efficient and user-friendly platform to help get your business up and running without the hassle of traditional methods.
In this guide, we’ll explore how Ownr can help entrepreneurs establish their business, its features, and why it might be the perfect tool for anyone looking to register or incorporate a business in Canada.
What is Ownr?
Ownr is an online platform created to simplify the business registration and incorporation process. Launched by RBC Ventures, Ownr is designed to help entrepreneurs start their businesses quickly and affordably. It offers services such as sole proprietorship registration, incorporation, and ongoing corporate compliance, making it an all-in-one solution for small businesses.
The platform is particularly useful for those looking to start a sole proprietorship or a corporation in provinces like Ontario, Alberta, and British Columbia. Whether you’re a freelancer, a small business owner, or launching a startup, Ownr guides you through each step, ensuring you meet the legal requirements without the stress of doing it all manually.
Key Features of Ownr
Ownr offers a variety of features tailored to simplify business registration and management:
- Sole Proprietorship Registration: Ownr provides a fast and easy way to register your sole proprietorship. You can search for available business names, submit your application, and receive confirmation of your registration — all from within the platform.
- Incorporation Services: For those looking to incorporate, Ownr offers both federal and provincial incorporation services. This includes filing with the necessary government authorities, issuing shares, and even helping to create a minute book (a legal requirement for corporations in Canada).
- Business Name Search: The platform allows unlimited business name searches so you can ensure your business name is unique and available. This is an essential step in registering a new business.
- Secure Document Storage: All your business documents are stored securely online, meaning you can access them anytime, anywhere.
- Annual Compliance: For incorporated businesses, Ownr helps you stay compliant with annual filings, so you don’t miss important deadlines.
- RBC Partnership: One of the unique perks of using Ownr is its partnership with RBC. If you register your business through Ownr and open an RBC business bank account within 60 days, you can receive up to $300 back. This is a significant benefit for those looking to save on startup costs.
- Discounts and Offers: Ownr also provides access to discounts and special offers from partners like Telus, Vistaprint, and Etsy, which can be a big help for new businesses that need to invest in marketing, office supplies, and other services.
How to Register with Ownr
Registering a business through Ownr is a straightforward process. Here’s a step-by-step guide:
1. Choose Your Business Structure
The first step is to decide whether you want to register a sole proprietorship or incorporate your business. Sole proprietorships are simpler and cost-effective for small businesses, while incorporation offers legal protection and tax advantages but comes with additional responsibilities.
2. Search for a Business Name
Before you can register your business, you need to ensure that your chosen business name is available. Ownr allows you to perform unlimited name searches to confirm your preferred name isn’t already in use.
3. Complete Your Application
Once your business name is approved, Ownr guides you through completing the necessary forms for registration or incorporation. The process is simple and takes only a few minutes.
4. Submit and Pay
After filling out the required forms, you submit your application and pay the applicable fees. Ownr’s pricing is competitive, with sole proprietorships costing $89 and incorporation starting at $499 for federal incorporation.
5. Receive Confirmation
Once your application is processed, you will receive confirmation of your business registration or incorporation. All of your documents are securely stored in your Ownr account for easy access.
Pricing and Costs
Ownr is known for its affordability. Here’s a breakdown of its pricing:
- Sole Proprietorship Registration: $89 (includes unlimited business name searches and document storage)
- Federal Incorporation: $499
- Provincial Incorporation: $599
These costs are significantly lower than hiring a lawyer or using other services, making Ownr an attractive option for budget-conscious entrepreneurs.
Additionally, thanks to the RBC partnership, you can get up to $300 back if you open an RBC business account within 60 days of registering with Ownr. This rebate can cover a significant portion of your registration fees, making Ownr even more cost-effective.
Why Choose Ownr?
There are several reasons why Ownr has become a go-to solution for Canadian entrepreneurs:
- Ease of Use: Ownr’s platform is incredibly user-friendly. It guides you through the process step by step, making it ideal for those unfamiliar with business registration or incorporation.
- Affordable Pricing: With registration fees starting at $89 for sole proprietorships and $499 for incorporation, Ownr offers one of the most affordable solutions for starting a business in Canada.
- Convenience: Ownr allows you to complete the entire process online, from searching for a business name to submitting documents and paying fees. This saves time and eliminates the need to visit government offices.
- Compliance Support: For incorporated businesses, Ownr helps with annual compliance filings, ensuring you don’t miss any important deadlines.
- RBC Partnership: The opportunity to receive up to $300 back through RBC makes Ownr a cost-effective choice for entrepreneurs.
Conclusion
For anyone looking to start a business in Canada, Ownr offers an affordable, convenient, and comprehensive solution. Whether you’re registering a sole proprietorship or incorporating a company, Ownr simplifies the process, helps you stay compliant, and provides valuable perks like discounts and rebates.
To learn more or start the registration process, visit Ownr here and take the first step toward bringing your business idea to life.
Ownr has proven to be a valuable resource for thousands of Canadian entrepreneurs, offering the support they need to turn their dreams into reality. Now, it’s your turn!
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