PREC · ON · AB · BC · NS · MB

Personal Real Estate Corporation,
built for realtors.

A Personal Real Estate Corporation (PREC) lets a licensed real estate agent or broker have their commissions paid to a corporation instead of directly to them — deferring tax, splitting income with family, and building long-term wealth from earnings you’d otherwise take home in full. We incorporate PRECs for realtors in Ontario, Alberta, British Columbia, Nova Scotia and Manitoba, and handle the paperwork your brokerage will ask for.

Flat fee
$ 10
+ ≈ $300 government fee
§ What is a PREC

A corporation built around your real estate license — not a shortcut around it.

A Personal Real Estate Corporation is an ordinary business corporation with one specific purpose: to hold the trading income of a single licensed real estate salesperson or broker. Ontario’s Trust in Real Estate Services Act, 2020 (TRESA) was the first legislation in Canada to formally permit this, and similar frameworks now exist in Alberta, British Columbia, Nova Scotia and Manitoba. Rather than commission cheques being made out to you personally, your brokerage pays them to your corporation, which then pays you a salary, dividends, or both — on a schedule you control.

Unlike incorporating a typical small business, a PREC has to satisfy real estate regulator rules on top of the standard corporate ones: it can only earn income from the licensee’s own trading activity, it can’t itself trade in real estate as a brokerage, and its ownership structure is tightly constrained. Getting the share structure and naming wrong is the most common (and most expensive) mistake we see — which is why every PREC we file is reviewed for regulatory compliance before submission, not just corporate-law compliance.

Sole controlling shareholder

The licensed realtor must hold all voting shares and act as the corporation’s sole director and president — no co-owners, no exceptions.

Non-voting family shares

A spouse, parent or adult child can hold non-voting, non-equity shares, enabling dividend-based income splitting where rules permit.

Regulator registration

The corporation must be registered with your provincial real estate regulator and named according to its specific naming conventions.

Updated brokerage agreement

Your brokerage must execute a new agreement directing your commission income to the PREC instead of to you personally.

§ The filing sequence

From a name to a certificate, in four steps.

01

Choose a Name

Submit your proposed name and any alternatives.

02

Prepare Documents

Our experts review your submission for validity and full compliance.
03

We Submit

We prepare and file all required documents securely and quickly.
04

Receive Documents

Get your certificate in a few hours — officially incorporated.

§ Why realtors incorporate

The financial case for a PREC, beyond the tax slogan.

“Save on taxes” undersells what a PREC actually does. The real value is control over timing: a corporation lets a top-producing agent smooth a lumpy, commission-driven income across good years and slow ones, rather than being taxed on the full amount the moment it lands.

Tax deferral on retained earnings

Income left inside the corporation is taxed at the lower small-business corporate rate, deferring the personal tax bill until you actually draw it out.

Income splitting with family

Dividends paid to family members holding non-voting shares can spread income across the household, subject to TOSI and provincial rules.

A vehicle for reinvestment

Surplus commission income can fund investments, a holding company, or retirement savings inside a lower-taxed corporate structure.

Continuity and credibility

A PREC formalizes your practice as a business — useful when applying for financing, planning a team, or preparing to eventually wind down.

§ Who we are

A registered paralegal firm your brokerage will recognize.

Incorporation Registry is a registered paralegal firm and authorized registry agent, licensed to prepare and review corporate filings and to submit them directly to provincial registries. Every PREC we incorporate is checked against both corporate law and the naming/ownership rules your provincial real estate regulator enforces, before it’s ever filed.

01

Registered Paralegal Firm

Licensed to prepare and review corporate filings within our defined scope of practice.

02

Authorized Registry Agent

Approved to submit incorporation filings directly to provincial corporate registries.

03

Real estate filing experience

We’ve incorporated PRECs for agents and brokers in Ontario, Alberta, BC, Nova Scotia and Manitoba.

04

Confidential by default

Client and brokerage information is handled under strict confidentiality and retention policies.

§ Endorsements

Trusted by real estate professionals across Canada.

4.9

on Google · 28,000+ filings

“The team was with me every step, guiding me on every detail and suggesting the best route for my business. Excellent service.”

David Gillan

VERIFIED · 8 MONTHS AGO

“A fantastic experience incorporating my business. The process was smooth, fast and transparent from start to finish.”

Jordan Calderon

VERIFIED · 10 MONTHS AGO

“Great service! Very professional staff. They explained everything well and made the whole process effortless.”

Jinal

VERIFIED · 8 MONTHS AGO

§ Common questions

Personal Real Estate Corporations, explained.

For most federal and provincial incorporations we can complete filing in as little as one business hour. Once the registry confirms, your official documents are emailed to you within hours of submission.

Yes. We recommend running a free NUANS name search first to confirm availability and reserve your preferred name. This protects your brand and prevents delays once the incorporation is filed.

It depends on where you operate. Federal incorporation gives you name protection across Canada and suits businesses operating in multiple provinces. Provincial incorporation is often simpler and more cost-effective for a single-province operation. Our experts help you choose.

We incorporate standard for-profit corporations, professional corporations, holding companies, and non-profit organizations — federally or in any Canadian province or territory.

Absolutely. You can update directors, registered address, share structure and more by filing amendments at any time. Our Corporate Maintenance service handles these ongoing filings for you.