A
Numbered Corporation get a random number generated by Industry Canada system followed by
"Canada Ltd/Inc." For
Example: 6745686 Canada Ltd.
For a
Named Corporation, you can choose a name for your corporation, and it can be registered with that name. However, your name must satisfy the name rules and it is not already taken.
Deciding on named or numbered corporation depends on the requirement of individuals and on the purpose of incorporation.
Incorporating a
Numbered Corporation is faster and less expensive, but it does not describe the business in any way. It is the right choice if the corporation's name is not relevant (for example, holding company or a business which doesn’t advertise by a name).
A Corporation with a name is more credible to customers and other businesses associated with it.