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Every individual who is resident in Canada can start a new business by registering a Trade Name or forming a Limited Liability Company. Individuals who are not residents of Canada CAN NOT register a Trade Name in Canada. 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 $76.30. To order, click Trade Name. To view the individual provincial government fee click Disbursement.
Incorporating a new Limited Liability company:Incorporation is the process of limiting your liability. When you incorporate you form a new "Person". 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. You can tell when company is incorporated by looking at the last word of the corporate name. If the corporate name ends with the words Limited, Incorporated, Corporation, or uses the initials, LTD, INC., or CORP. then the company has been registered with a specific province or Canada wide as a limited liability company. "Limited Liability" is a legal terms. 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 $240.75
To incorporate
click
Numbered.
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. When you consider our fees
remember others use our service, add a surcharge, and pass the bill on
to you. We provide a full range of professional corporate paralegal services at a price competitive with the discounter.
Registering your existing corporation in Canada.If your existing Company is currently active and in good standing in any jurisdiction any where 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 registration and is referred to as an Ex-Pro. This registration 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. To Ex-Pro Register your existing company in Canada click Ex-Pro. Our complete EX-PRO Incorporation Kit consists of the following:
Arvic's fee register your existing
corporation in Canada is
$294.25. 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. When you consider our fees
remember others use our service, add a surcharge, and pass the bill on
to you. We provide a full range of professional corporate paralegal services at a price competitive with the discounter.
Registering a new "Canadian Presence" corporation in Canada.Those individuals and or corporations that are not currently
resident in Canada can take advantage of our liberal tax laws by
incorporating a new company in Canada similar to the way companies now
incorporate offshore companies. The process is very simple and
straight forward. Under Canadian laws it is not necessary for shareholders of a Canadian or Provincial corporation to be residents
of the country. In fact there is no requirement that a Canadian corporation have an
office, employees or carry on business of any form in Canada. Therefore,
a new company can be incorporate, with a nominee director who is a resident
Canadian who signs a power of attorney,
by almost any non-resident. Our complete Incorporation Kit consists of the following:
In addition to the above we provide the following optional services for non Canadian businesses wishing to register in Canada or form a new " Canadian Presence Corporation" .
Arvic's fee to register your "Limited Liability" Canadian Presence company is $667.10 US dollars inclusive of all Government fees.. To Register a "Canadian Presence" corporation in Canada click "Canadian Presence".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. When you consider our fees remember others use our service, add a surcharge, and pass the bill on to you. We provide a full range of professional corporate paralegal services at a price competitive with the discounter. To learn why we are considered to be the competition, view our other services, or for pricing information on the various other types of incorporation services offered we invite you to view our Schedule of Fees. |
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