Administered by Government of Canada · Last verified: July 2026
Legal, accounting, and other professional fees for incorporating, restructuring, or rolling assets into a corporation are deductible. Often a five-figure deduction in year one of a corp.
You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityIncorporation and Reorganization Costs is generally open to incorporated businesses, in any province or territory. Confirm the full criteria on the official program page before applying.
The estimated value is 100% of qualifying costs. The actual amount depends on your eligible costs, the program's budget, and approval.
Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.
1. Categorize incorporation costs vs operating costs 2. Deduct first $3K immediately; capitalize rest 3. Amortize capitalized portion over time
Annual: claim with T2.