Northwest Territories Trade name
A Northwest Territories trade name is used when:
an individual does business under a name other than their own personal name
a corporation does business under a name other than its legal name
A trade name is also known as a sole proprietorship.
The government fee to register a new trade name in Northwest Territories is $50 + $30 name search report. Register online a new Northwest Territories Trade Name Here: Northwest Territories Northwest Territories Trade Name Registration.
Northwest Territories Partnership
A partnership is created when 2 or more individuals, or 2 or more corporations, do business together as partners. All partners share in the profits and the risks or debts of the business.
The government fee to register a new partnership in Northwest Territories is $50 + $30 name search report. Register a new Northwest Territories Partnership Online here: Northwest Territories Partnership Registration.
Northwest Territories Limited Partnership
A limited partnership consists of 1 or more general partners and 1 or more limited partners.
Each type of partner has different rights and responsibilities. For example, a general partner is usually liable for the debts of the business, while a limited partner is usually liable only for the amount they have contributed to the business.
Northwest Territories Limited liability partnership
A limited liability partnership consists of partners in 1 or more eligible professions, such as accounting or law.
This type of partnership is similar to a regular partnership, except there is liability protection. A partner in a limited liability partnership is not generally liable for the negligence, wrongdoing, or misconduct of a partner, employee or agent.
Partners in a limited liability partnership may be individual practitioners or professional corporations.
Limited partnerships or limited liability partnerships based in other provinces must also register in Northwest Territories when they do business here.
Northwest Territories corporations
Incorporating a corporation creates a legal ‘person’ that’s separate and distinct from its individual owners.
The government fee to register a new corporation in Northwest Territories is $262 + $30 name search report. Incorporate today online a new Northwest Territories Corporation here: Northwest Territories Incorporation Service.
Northwest Territories Extra-Provincial Corporations
If your corporation was formed in another province or country, it must be registered to carry on business in Northwest Territories.
The government fee to register a new extra-provincial corporation in Northwest Territories is $262 + $30 name search report. Register today online a new Extra-Provincial Corporation in Northwest Territories here: Northwest-Territories Extra-Provincial Registration.
