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ontario corporation number vs business number

Movies and television often talk about numbered companies as some kind of slippery, underhanded, business entity – or at least one more likely to engage in questionable or illegal practices than a named company. It is based on the idea of one business, one number. British Columbia - Tiered pricing. By: Nathan Green . We have over 25 years experience with assisting individuals, such as yourself, to deal with your corporate and small business needs. If I am involved in litigation and need the address is this the proper report to order? (16) The corporation ceases to exist on the date shown in the certificate of dissolution. a jurisdiction outside Canada, (ii) any of the securities of which are listed and posted for trading on a stock exchange in or outside Canada, or. any further order it thinks fit. The word “Ontario" Your choice of suffix (Limited, Limitee, Incorporated, Incorporee, Corporation, Ltd., … subsection 2(1) of the Act and subject to subsections 2(6) and (7) of A numbered corporation is a corporation that has been automatically assigned a name by Alberta Corporate Registries. shall issue a certificate of intent to dissolve in accordance with provides that the corporation is not a “reporting issuer” for the The minute book has tabs to assist you to keep track of the individuals within the corporation and to provide minutes of meetings you have related to the business. However many companies exist that do not deal directly with the general public. 1. subsection (1). If you plan on operating the business in multiple Provinces, this may be an option for you. In order to ensure that your company name or business name is not going to confuse the public, it needs to be different from every other company or business name out there. whether or not they are otherwise entitled to vote. One is to register a business licence and the other is to incorporate. business; and. This would be registered through a trademarking agent. If your business operates with risk of either personal or property damages or loss, the incorporated business provides a separation between you and any other individuals owning the business and the business itself. [1] Similarly, in Australia, a company assigned the Australian Company Number 123 456 789 upon registration can have its legal name as "123 456 789 Pty Ltd".[2]. A business number (BN) is a nine-digit number the Canada Revenue Agency (CRA) assigns to a business or nonprofit as a tax ID. This allows a Corporation to operate a name that is different than the legal Corporation name. for fewer than 10 consecutive years. An HST number is issued by Revenue Canada for taxation. Due 60 days after Incorporating. First you can incorporate a company with a name – Nathan’s Roofing Inc. for example. Numbered companies may include, but are by no means limited to, new companies that have not yet determined a permanent brand identity, or shell companies used by much larger enterprises for various purposes. December 4th, 2013. Your Ontario Business Number is attached to your Master Business Licence. Most of our services are completed on a same day basis 9:00AM to 5:00 PM EST Monday through Friday. This document is similar to the document when you originally incorporated. Master Business Licences do not have the flexibility to change their legal name. A Certificate of Status is a one page document which provides whether an incorporated company is active with the Province of Ontario and/or CRA. A record of these meetings is made, maintained and available within the minute book. (i) that has filed a prospectus or If not filed, the Government will dissolve the Corporation. Each business requires one BN for its legal entity. We maintain your records in confidence and shred all historic documentation. A corporation is continual in that it never requires re-registration or renewal. Whether a corporation is private or public, the share certificates indicate who owns what within the corporation. An incorporated business is taxed at a lower tax bracket than individuals. There are a number of basic requirements that apply to the naming of a corporation, as well as restrictions. There is no difference of which legal ending you use. The BN for a corporation is different from the corporation’s corporation number. We list all of our fees up front on the ordering page. The provincial BIN is different than the federal Business Number (BN). determination would not be prejudicial to the public interest. For example: Business number: 123456789. Yes. for their residence outside Canada is to act as employees, of a body to which subparagraph (i) or (ii) applies. (13) If a certificate of intent to dissolve has not been revoked and corporate. How important is name protection for your business? Due within 60 days of its anniversary month. You may for example run a cupcake business and rent the property from a landlord. Simply give us a call to let us know you wish to cancel your order, and we can determine how much of your order, if any, has been completed and provide you with a credit of what remains. distribute any property and discharge any liabilities; and. The corporate seal is an embosser similar to a stamp that commonly provides the corporate name and jurisdiction of incorporation. A shareholder is a person who holds share(s) within a corporation. Our privacy policy is to NEVER share any of your information with any outside party aside from the government agency we may be required to contact on your behalf. ordinarily resident in Canada and who have been resident outside Canada was not a distributing corporation if the Director is satisfied that the is subject to an exemption under provincial securities legislation, or Yes. Depending on how fast you wish to receive it back. That landlord could very well be using a numbered company to hold title to the property. Our office staff is always available by phone or email if you have any questions, concerns or if you just want some reassurance. Business address, owners address, business activity. An Ontario incorporation required an Ontario NUANS, an Alberta Incorporation requires an Alberta NUANS report and a Federal or Canada Incorporation requires a federal NUANS Report.

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