A New Brunswick corporation created under the Business Corporations Act (New Brunswick) (the“NBBCA”) is a distinct legal entity with all of the powers of a natural person. Directors under the NBBCA are elected by the corporation’s shareholders and are responsible for the day to day management of the business and affairs of the corporation. The […]
About companyformations
Should You Incorporate?
A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes. It is often […]
Benefits of Registering a new Ontario Corporation.
Why should I incorporate? One of the most frequently asked questions by entrepreneurs starting a new business is: “Should I incorporate?” The answer to this question is usually: “That depends on your particular situation and your particular needs.” Among the factors to consider in making these decisions are the benefits of incorporating (versus operating the […]
Completing articles of incorporation
Corporations are used throughout the world to operate all kinds of businesses. While its exact legal status varies somewhat from jurisdiction to jurisdiction, the most important aspect of a corporation is limited liability. This means that shareholders have the right to participate in the profits, through dividends and/or the appreciation of stock, but are not […]
Deciding how you want to name your corporation
A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes. It is often […]
Why Choose a Corporation?
Incorporation can be done at the federal or provincial/territorial level (Alberta Corporations). When you incorporate your business, it is considered to be a legal entity that is separate from its shareholders. As a shareholder of a corporation, you will not be personally liable for the debts, obligations or acts of the corporation. It is always […]
How much does it cost to register a business in Yukon
Yukon Trade name A Yukon 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 […]
How much does it cost to register a business in Saskatchewan
Saskatchewan Trade name A Saskatchewan 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 […]
How much does it cost to register a business in Ontario
Ontario Trade name An Ontario 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 […]
How much does it cost to register a business in Nunavut
Nunavut Trade name A Nunavut 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 […]
