Corporate Registries
A corporation is an independent legal entity that exists separate and apart from its owners (shareholders). Basically, the corporation acts as a ‘person’.
As a ‘person’, a corporation can:
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buy, sell and own assets, including land
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make contracts
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sue
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be sued
You don’t need to be a large business to register as a corporation. A small business with only one owner can register as a corporation.
If you need help deciding if a corporation is the best form of business, it’s highly recommended you get legal advice.
An Alberta corporation name consists of 3 elements:
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distinctive
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descriptive
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legal
‘Riverbend Registries Inc.’ is an example of a corporation name that contains all 3 elements.
Distinctive element
A distinctive element is a unique word or location that makes your corporation name different from others.
In the example above, ‘Riverbend’ is the distinctive element.
Descriptive element
A descriptive element describes what the corporation does or what the corporation is.
In the example above, ‘Registries’ is the descriptive element.
Legal element
All Alberta corporations are required to have a legal element at the end of their name.
In the example above, ‘Inc.’ is the legal element.
You need to get an Alberta NUANS report and review it to make sure there is no other corporation an with identical name or a name that is too similar to your proposed corporation name. Unlike business names, identically named corporations aren’t allowed.
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if another corporation feels your corporation’s name is too similar to theirs, they can file an objection through the Registrar of Corporations
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if the Registrar agrees with the objection, your corporation can be forced to change its name
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you don’t need a NUANS report when the proposed name will be a ''number name' assigned by Corporate Registry, e.g. 9999999 Alberta Ltd.
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the NUANS report reserves the proposed name for 90 days
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the complete report, whether an original or fax copy, must be submitted with the incorporation details and must be less than 91 days old.
Information needed for incorporation in Alberta
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Articles of Incorporation
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Notice of English/French Name Equivalency (optional)
Record your corporation’s address
The registered office needs to be a physical location in Alberta, so that the corporation can get legal documents delivered.
The records address, if not the same as the registered office, also needs to be physically located in Alberta.
You’ll need a mailing address in Alberta for the corporation if you don’t have mail delivered to the registered office.
Notice of Address
Elect a director
Elect or appoint at least one director for your corporation and record that information on the Notice of Directors.
Directors must be adults and at least one quarter of the board must be Canadian residents.
Notice of Directors