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Every individual who is resident in Canada can start a new: Trade Name, or a Individuals who are not residents of Canada CAN NOT register a Trade Name, however, both non-resident individuals and corporations can register their existing corporation in Canada or form a new "Canadian Presence" Corporation. If you have never owned or operated a business in Canada then we suggest you read the following articles The following is a description of each type of registration available in Canada. Trade Name Registrations in Canada.Most people who start their first business do so by registering a Trade Name. It is the least expensive way to secure registration. A trade name is any name you decide to use for your new business. You have probably seen businesses listed with names similar to the following.
In the above examples Bill Smith Trucking is a trade name belonging to Bill Smith In effect Bill Smith has, by registering the trade name Bill Smith Trucking, served public notice and provided evidence that he is using a specific name for his business. When you use a trade name you are telling your customers, the government and the tax department that you are in business. Therefore, it is important to register the name you are using so your customers will know it belongs to you. Please Note: Trade names are registered for evidentiary purposes only within a specific province. This means that you have no right to the exclusive of the trade name you register. You only have the right to use the name within the geographic area where it is registered and used. Therefore, before you commence to use a trade name you need to perform a "NUANS Pre-Screen" search to see if the name you want is in fact available within a specific province and to determine who else may be using a similar name as a corporate name or trademark. As part of each trade name registration we provide the following.
Arvic's fee to register your "Trade Name" in any Province is $94.50. To order, click Trade Name. To view the individual provincial government fee which are in addition to our fees click Disbursement. Incorporating a new Limited Liability company:Incorporation is the process of limiting your liability. When you incorporate you essentially form a new "Person" or "Entity". A limited liability company has all the same rights and privileges (except voting) that any individual Canadian might have. A Limited company can own land, operate bank accounts, secure credit and employ others. "Limited Liability" is a legal term. It means the liability of the company is limited to the assets of the company. It also means the shareholders can not be held liable for the debts incurred by the company. However, as the company is a person it can be sued for its debts and held accountable for its actions. You have probably seen businesses listed with names similar to the following.
The words and initials after the word Trucking are called Legal Elements. They denote that the company is incorporated to carry on business under the laws of the province in which they are registered. Every company using these terms is serving public notice that the company is incorporated with "Limited Liability". Only those companies that are in fact registered as an incorporated company can use these terms. There is an extremely heavy penalty for the use of these terms by anyone who has not incorporated their company. The owners of registered trade names can not use these terms. In Canada there are three different variations to a "Limited Liability" company. All three have the same rights and restrictions. The difference is in the names.
Our complete "Limited Liability" Incorporation Kit consists of the following:
Arvic's fee to register your "Limited Liability" numbered company is $388.50 To incorporate click Numbered. Arvic's fee to register your "Limited Liability" named company is $441.00. To incorporate click Named. Arvic's fee to register your "Limited Liability" professional corporation is $441.00. (plus courier) To incorporate
click
ProCorp. To view the
Provincial Government fee for each of the above click Disbursement.
Our paralegal services are currently used by a large number of law firms, individual lawyers, registry offices and
accountants from not only across Canada but around the world. There is no substitute for quality, knowledge and experience.
Registering your existing corporation in Canada.If your existing Company is currently active and in good standing in any jurisdiction anywhere in the world outside of Canada, then you can register this company in Canada. Registration of your existing company in Canada is called an Extra Provincial (Ex-Pro) registration. An Ex-Pro gives you all the same rights and privileges of any other company incorporated in Canada. For details on the requirements for an Ex-Pro
registration click Extra Provincial Details. Our complete EX-PRO Incorporation Kit consists of the following:
Arvic's fee register your existing
corporation in Canada is
$283.75. For details on the requirements for an Ex-Pro
registration click
Extra Provincial Details.
To Register your existing company in Canada click
Ex-Pro.
To view the individual provincial government fee click Disbursement.
Our paralegal services are currently used by a large number of law firms, individual lawyers, registry offices and
accountants from not only across Canada but around the world. There is no substitute for quality, knowledge and experience.
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