Promo PREC

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Business Name

PREC is easy and quick form of corporation for salesperson or broker. Real estate is a regulated profession in Ontario, so all salespersons and brokers must be registered with the Real Estate Council of Ontario (RECO). Please fill all mentioned forms/ fields with best of your knowledge. For corporation registration Govt. required Legal suffix after the corporation name. For example : John Smith Personal Real Estate Corporation.

Your Names / ( distinctive + descriptive)


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Corporation Address

Corporation Address is mandatory to be physical legal address . PO box or UPS store box is not appropriate for Corporation Address. Corporation address can be change anytime in future.



M1L 3W5

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Director: The Controlling Director



Govt. required 25% residency.


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CRA Account Setup

Every business in Canada must have a business number from Canada Revenue Agency. This is the identification of your business with CRA. For any kind of CRA service required Business number. On your business transaction, you need to charge HST/GST from your customers. It is highly recommended to setup GST/HST account and collect Taxes. Corporation required to hire employees to operate. For employees payroll deduction required CRA payroll account. This is the initial set up of payroll account with CRA which you definitely need to process payroll. And if your corporation deal with physical goods cross border your corporation also required import -export account setup.


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Other Registration and Services

A corporation’s minute book serves as the official record of the corporation’s activities. Essentially, the minute book should document all material corporate transactions that affect and involve the corporation. All corporations in Ontario and Canada are required by legislation to prepare and maintain an up to date minute book. Every corporation in Ontario Initial return is mandatory with in the first 60 days of registration. We have service to take care of Initial return to file for you.

(Within first 60 days of Corporation registration)

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Primary Shareholder (The Controlling Director) Share Distribution



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Second Shareholder



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Package and Services


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Primary Director: Address



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Third Shareholder



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Fourth Shareholder


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