For Your Information
The cost of incorporating a business is approximately $1,300 for a business in PEI for the year 2009.
This is for the lawyer fees based on my own experience for a fairly basic incorporation setup. I'm not 100% sure what the yearly fees will end up being. I'd recommend you advise your accountant on the best way to set it up.
There are many benefits to setting up a corporation. Check out, Why I Should Incorporate for more information.
Anybody have similar or different estimates?
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