Personal Real Estate Corporation
Just respond to a few short questions, and we’ll take care of the rest. |
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Ontario Personal Real Estate Corporation
2 hours rush service available
BC Personal Real Estate Corporation
2 Days Rush Service
Alberta Personal Real Estate Corporation
2 hours rush service available
Saskatchewan Personal Real Estate Corporation
2 hours rush service available
Manitoba Personal Real Estate Corporation
2 hours rush service available
Quebec Personal Real Estate Corporation
2 hours rush service available
Nova Scotia Personal Real Estate Corporation
2 hours rush service available
Do your registration from anywhere.
You do not need to be physically present here to set up and manage your company in Canada; so there is no need to fly here to do the process.
Streamlined and simplified processes
We’ve simplified and streamlined all the processes for you to make it quick and straightforward to get your company started.
Transparent pricing model
We do not burden you with any hidden fees. There’s just one cost to get you up and running.
A Personal Real Estate Corporation (PREC) is a type of corporation that real estate agents and brokers in Ontario can establish to receive the revenue and pay expenses of their real estate business, with the advantage of being a separate taxpayer.
The real estate salesperson owning the PREC license must be the sole voting shareholder, as well as the sole director/officer of their personal real estate corporation.
PREC Licensing: You are required to apply for a PREC license as well as maintain your own real estate services license.
Naming/Advertising: There are strict limitations on how you can name your PREC. The name of your Personal Real Estate Corporation must be registered as either your Legal Name, followed by “Personal Real Estate Corporation,” or your Licensee Name, followed by “Personal Real Estate Corporation”.
For example, if Adam Gril started his PREC, it must be named “Adam Gril Personal Real Estate Corporation.”
As of October 1, 2020, real estate agents in Ontario are allowed to form Personal Real Estate Corporations.
Since then, we have incorporated hundreds of personal real estate corporations in Ontario and other provinces. Hence, we assure you that your corporation would be set up correctly with all govt and regulatory Rules & Regulations.