Corporate Registry


Incorporation

We are accredited to provide all levels of corporate registry services.  The government no longer provides corporate registration services to the general public. The government will continue to have ownership of all the information that is collected and stored. Strict security measures have been implemented to protect the integrity and security of all data collected by Registry Offices and Corporate Registry.

A corporation is created under the laws as a separate legal entity, which has privileges and liabilities that are distinct from those of its members.  Corporations are recognized by law to have rights and responsibilities like natural persons, and also have certain tax and financial advantages. Any business carried on for profit can become a corporation.


Corporate Name Reservation (Nuans Report)

Should you decide to incorporate as a named company you will have to have a NUANS® (Name Reservation Report) completed. The NUANS® will provide a listing of all similar existing corporations and will indicate if there is an exact name already in use.  If the name is already registered it can not be used.  If you choose to incorporate as a numbered company a NUANS® report is not required as the number is provided to you.

Questions on the above? Please call us and one of our professional registry staff will assist you. 403 320-5588


Annual Return Filing

Every incorporated company in the province of Alberta is required to file a yearly return. The annual return keeps your company in good standing by updating your company records with Corporate Registry.  This tells Corporate Registry your company is still active.

The annual return must be filed for the year ending on the anniversary date of the company’s incorporation or registration.  Failing to do this may result in additional fees or your company being removed from the Corporate Register.  Once a company has been struck from the Corporate Registry you are required to file all outstanding annual returns and complete an articles of revival.

Your Alberta annual return provides the following updated information on;

  • Current Registered Name of the Corporation
  • Corporate Address
  • Corporate Access Number
  • Time Period of the Report
  • Names of Shareholders, Addresses, and % of Voting Shares for Each
  • Names of Active Directors with Addresses

McKillop can process your return in person or via fax or email if you have an account with our office.  Whichever method is more convenient for you.  The filing fee for an annual return is $55 including GST.

Questions on the above? Please call us and one of our professional registry staff will assist you. 403 320-5588


Changes to a Corporation

Change of Directors or Shareholders, or Change of Addresses can be done at time of filing or midterm. All forms for Corporate changes are here in our office, you just need to come in with identification.

Questions on the above? Please call us and one of our professional registry staff will assist you. 403 320-5588


Register Trade Name/ Sole Proprietor

A name under which a business operates is called its trade name. A sole proprietorship, a partnership or a corporation can do business under a trade name. You can register a trade name and although this does not provide right of ownership to that trade name it does provide proof that you have done business under that trade name from a certain date.

Although it is not mandatory, it is recommended that a search be done prior to registering a trade name.

A sole proprietorship is the simplest of all business organizations. When a person decides to operate a business without any formal business structure in place, that person operates a sole proprietorship. Quite simply, an individual with goods and services to offer conducts business either under their own name or under another name.

Unlike a registered corporation, a sole proprietorship is not a distinct entity apart from the individual. The sole proprietor owns all the assets of the proprietorship. Income from the business forms part of the personal income of the sole proprietor and is taxed accordingly. Therefore, an important reality of operating a sole proprietorship is that the owner has unlimited liability for the debts and liabilities of the business. When the sole proprietor dies or retires, the sole proprietorship ends.


Partnership Registration

In a partnership the business is owned and operated by two or more persons. These partners own all the business assets, share the profits and are jointly and separately liable for the partnership debts and liabilities. A debt of the partnership can be collected from any one of the partners or any combination of the partners. Fundamentally, each partner acts on behalf of the partnership and on behalf of the other partners.

A partnership is a contractual agreement that can be dissolved upon expiration of the partnership agreement or sooner by agreement of the partners. If the partners cannot agree upon dissolution, any partner can apply for a court order to dissolve it.

A limited partnership differs from a general partnership in that in a general partnership all partners share equally in the responsibility and liability of the company. In a limited partnership there can be some general partners with unlimited liability, but also limited partners who will not be liable for the obligations of the limited partnership except to the extent of the capital which they have contributed.

Questions on the above? Please call us and one of our professional registry staff will assist you. 403 320-5588


Corporate Name Reservation

Trade name reservation: The same trade name may be used by more than one company/person. Registering the name in Alberta does not mean you own the name. You could experience legal issues if you use a name that is currently in use.

Corporate name reservation: You must complete an Alberta Business Name Report (NUANS) to see if the same name is currently in use. If the name is not in use you may reserve it. Incorporating is the only way to protect your business name from someone else using or doing business under it. See above for more details. Corporate Name Reservation (Nuans Report)

Questions on the above? Please call us and one of our professional registry staff will assist you. 403 320-5588

April 30, 2012 at 4:40 pm | by adminMcKillop