Once formed, a New Brunswick corporation must maintain a registered office in New Brunswick where all communications and notices may be sent. If the corporation is carrying on business in New Brunswick, it must also appoint an individual resident in New Brunswick as the Recognized Agent for the corporation so that documents may be personally […]
Archive | Business Startup
RSS feed for this sectionStay solo or incorporate? Pick a business structure that fits
Before you open for business, you have to decide on a business structure. Consider these three choices and what you need to know about them, and consult with a professional tax or legal advisor who can help determine which one suits you best: Sole proprietorship This type of business can be up and running quickly […]
Incorporation of New Brunswick Business Corporation
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 […]
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 to apply for an Alberta Business Name
Follow these steps to prepare the information you need to register an Alberta trade name or Alberta partnership and receive a registration statement. Step 1: Choose a business name Although there are few restrictions on a business name, you should choose your name carefully. business names don’t have to be unique; duplicate business names may […]
How to register, change or cancel an Alberta business name
A business name doesn’t have a legal existence in its own right. It’s simply a name used by one or more persons to represent their business to the public. That means the sole proprietor or partners are personally responsible for the debts and obligations of the business. Registering an Alberta business name doesn’t grant any […]
