British Columbia Trade name
A British Columbia 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 British Columbia is $70. Register online a new British Columbia Trade Name Here: British Columbia British Columbia Trade Name Registration.
British Columbia 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 British Columbia is $70. Register a new British Columbia Partnership Online here: British Columbia Partnership Registration.
British Columbia 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.
British Columbia 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 British Columbia when they do business here.
British Columbia 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 British Columbia is $352 + provincial name search report $39. Incorporate today online a new British Columbia Corporation here: British Columbia Incorporation Service.
British Columbia Extra-Provincial Corporations
If your corporation was formed in another province or country, it must be registered to carry on business in British Columbia.
The government fee to register a new extra-provincial corporation in British Columbia is $350 + provincial name search report $39. Register today online a new Extra-Provincial Corporation in British Columbia here: British Columbia Extra-Provincial Registration.
