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 process of incorporating a new company in Canada varies from province to province. Here’s an overview of how you would register a new corporation in New Brunswick.
A 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.
Select the name of your New Brunswick Corporation.
Before you begin the process of incorporation, you need to name your corporation. Every corporation must have a name; this is known as a corporate name. The name must be distinctive and it must not be misleading or likely to be confused with names used by other organizations and businesses. In general, a corporate name is distinctive if it does not make those who encounter it think of another organization or business.
Completing New Brunswick articles of incorporation
This step establishes the structure of your corporation. However, you can apply to change the structure of your corporation once you are operating.
Your articles of incorporation will need to be signed by the incorporator(s). If an incorporator is a company or other incorporated body, the articles must be signed by an individual authorized by that body.
In the New Brunswick articles of incorporation you need to state:
your proposed corporate name (leave a blank space if you want to proceed with a numbered name)
your corporation’s province or territory in Canada
your share structure and any restrictions on share transfers (see The share structure of your corporation)
your corporation’s number of directors
any restrictions you might want to set for your business or business activities
any other provisions
Establishing the initial registered office address and first board of directors
The registered office address is where you must keep your corporate records and where official documents will be served on the corporation. Choose an address where you will be sure to receive any documents that are sent there since, legally, they will be assumed to have been received by the corporation. Information about the registered office address is corporate information, and as such, is required to be made public.
Company Formations Canada provides fast and easy New Brunswick Incorporation Service and provides all the documents your new New Brunswick corporation will need to stay up-to-date and in compliance with the New Brunswick Business Corporation Act.
We Offer only one full New Brunswick incorporation package for only $99.99 and this package includes:
Receipt and review of your incorporation information.
If you choose to incorporate a named company, we conduct a Provincial or NUANS pre screen search of your proposed corporate name and advise you if there are any difficulties with your name.
Preparation and filing of Certificate of Incorporation.
Preparation of Organizational Minutes – covering the election of directors and officers, issuing shares, the form of share certificates and fixing the number of directors.
Preparation of Corporate By-Laws which sets out the organization of the corporation, including the powers and election of directors and officers, filling vacancies, holding meetings of shareholders and directors, required notice periods, setting the fiscal year end and the execution of documents.
Preparation of the Register of directors, the Register of Shareholders, the Register of Officers and the Stock Transfer Register.
Issuance of share certificates per your instructions
Blank share certificates
Shareholder ledgers for each shareholder
Provincial-specific start-up checklist