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Foreign Business Corporations or Legal Persons or Trusts Operating a Commercial Enterprise – Fees

Foreign business corporation or legal person

A foreign business corporation (commonly referred to as a foreign company) or legal person is an entity constituted under the laws of another jurisdiction. It has a distinct and independent juridical personality, as well as rights and obligations under the laws under which it is constituted. It acts through both its board of directors and the meeting of shareholders.

Trust operating a commercial enterprise

A trust that operates a commercial enterprise does so in order to turn a profit. Examples include business trusts, investment trusts and real estate investment trusts.

Starting up
Document Regular Priority
Declaration of registration or application for reregistration $347.00 $520.50
Application for revocation of cancellation $116.00 $174.00
Updating information (filing period: May 15 to November 15)
Document Regular Priority
Annual updating declaration1 $93.00 $139.50
Current updating declaration Free $46.50
Corrective updating declaration Free $46.50
  1. Some enterprises can file their annual updating declaration and pay their registration fee for the year in their income tax return.
Closing
Document Regular Priority
Declaration of cancellation Free $46.50
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