What is extra-provincial registration in Alberta?
Extra-provincial registration services Alberta corporations and limited partnerships can connect to British Columbia, Manitoba, or Saskatchewan for registration in those provinces. You may be required to create an online account in the other province before extra-provincially registering your Alberta corporation.
What does extra-provincial registration mean?
Extra-provincial registration means obtaining a licence from the Government of Ontario and/or filing any other required information, to carry on business in Ontario.
Can a BC company operate in Alberta?
If your corporation’s home jurisdiction is British Columbia, Manitoba or Saskatchewan, there are special streamlined processes for you. You can register your corporation in Alberta through Alberta’s Online Extra-provincial Registration. There is no cost to register or update your corporation in Alberta.
Can an Alberta corporation do business in another province?
If I Incorporate a Business Provincially Can I Do Business in Other Provinces? Certainly, you can do business in other provinces and territories when you incorporate a business in one province or territory. However, you will need to register your corporation with each province or territory you plan to do business in.
What is a extra-provincial corporation?
Extra-provincial registration is a process of incorporation in Canada that both Canadian corporations in Canada and foreign corporations have to go through when they seek to do business in Canada or in various provinces or territories throughout Canada.
What is the difference between federal and provincial incorporation?
Federal incorporation allows you to conduct business in all provinces and territories. If you incorporate provincially, you can only conduct business in that province. If you want to expand into another province or territory, you’ll need to incorporate in that region as well. This can increase costs of incorporation.
What does extra provincial mean in Canada?
An extra-provincial company is a body corporate that is not incorporated in Newfoundland and Labrador. For example, a federal company is, by definition, an extra-provincial company.
Can you be incorporated in two provinces?
Does My Business License Count in Canada? Doing Business in Other Provinces. If you choose federal incorporation for your business or nonprofit corporation, you can open a registered office location anywhere in Canada, and operate in more than one province or territory without changing your corporate name.
Can a Alberta company work in Saskatchewan?
You can do business in British Columbia or Saskatchewan under the New West Partnership Trade Agreement. You can do so at no charge once you have received your Alberta certificate of incorporation. To register your cooperative in these provinces refer to the information under Incorporate a business or organization.
What is a extra provincial corporation?
What does extra-provincial mean in Canada?
How do I know if my business is federal or provincial?
The main difference between federal and provincial incorporation is that federal incorporation gives your business increased business name protection and wider rights to carry on business throughout the entire country.
Can I change my incorporation from provincial to federal?
If you decide to expand, you can always change your Provincial corporation to a Federal corporation and vice versa. To do so, you need to apply to both federal and provincial governments to get approval, which will be a costly and time consuming process.
What is an extra provincial domestic corporation with share?
When to extra provincially register in BC?
Section 375 of the Act requires a “foreign entity” (ie. a company incorporated under another statute) to register as an “extraprovincial company” within 2 months of beginning to carry on business in BC.
Can you incorporate provincially and federally?
Choosing between federal incorporation and provincial/territorial incorporation. You can incorporate your business at the federal level with Corporations Canada or incorporate in a specific province or territory with the provincial/territorial government.
Is it better to incorporate federally or provincially in Canada?
The Advantage of Federal Incorporation The main difference between federal and provincial incorporation is that federal incorporation gives your business increased business name protection and wider rights to carry on business throughout the entire country.
Should you incorporate your business federally or provincially?
As a general rule, if you plan to operate in only one province you should consider incorporating provincially, whereas if you are going to operate in more than one province you should consider incorporating federally.