What is a Corporation?
A corporation is a distinct and separate legal entity from its owner. A corporation has its own rights, liabilities and privileges then those of its owners. It is owner by its shareholders and managed by its board of directors.
How Do I Name My Corporation?
You can choose to pick a name, following the guidelines of Naming your Corporation, or you may choose to simply have Alberta Registries produce a number for your corporation.
How long does it take to incorporate a business in Alberta?
For a named company, it can take 2-7 business days to have your business incorporated, complete with Minute Book. A numbered company can take 2-4 business days to be completed.
Do I Need a Lawyer to Incorporate?
You do NOT have to hire a lawyer to incorporate your company.
What is a Minute Book?
A Minute Book is used to store all of your companies important and legal documents such as the Articles of Incorporation, the Annual Shareholder and Directors Minutes, Share Certificates, By-Laws and other documentation the company wishes to keep in it. It is vital that these important corporate documents are kept in a single location, so that it can be easily consulted when or if there is a need for it.
After I incorporate, then what?