Pre-search involves checking a potential business name against government databases to identify conflicts. Obtaining a NUANS Report with a direct name conflict could result in the rejection of the business name. If you reserve a name without checking for conflicts, you’ll require a new NUANS Report. Pre-search helps save time and prevents conflicts in business name selection.
NUANS Reports assess corporate/business name availability, necessary for business registration/incorporation, mandated by federal and provincial governments.
Google search results rely on web searches and businesses with online presence. However, they cannot replace the NUANS Report, which cross-references names with various elements in the government database to generate accurate reports.
A NUANS Report remains valid for 90 days. An expired report requires obtaining a new, valid NUANS Report to proceed with the incorporation process.
- Limited liability: Your liability is restricted to the amount you’ve invested in the corporation.
- Personal Assets Protection: Your personal assets are protected.
- Tax Advantages: The corporate tax system differs from the personal one. Your accountant can guide you about the same.
- Name Protection: Once the name is incorporated, it receives protection at both provincial and federal levels, depending on the type of incorporation, whether it’s provincial or federal, such as a Canada Corporation
Maintaining a Minute Book is a mandatory requirement for incorporated businesses in Canada. Under the Canada Business Corporations Act (CBCA), corporations are legally obligated to keep certain records, such as articles of incorporation, bylaws, shareholder agreements, meeting minutes, and registers of directors and shareholders
It includes the regulations for the management of corporation along with the list of Directors, Shareholders and Officers.
For every update done for the corporation, we need to keep a copy of the same with the minutebook.
It is a document include the list of current shareholder along with the number of share they hold in the corporation.
No, we can have only 1 minute book for the corporation which can be updated on time to time.
Yes, we can provide you a custom minute book based on your requirements. We have qualified and experienced staff who can provide you document with the information laid out as per your requirement.