FAQ

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?

After your business is incorporated, any changes to the Director(s), Shareholder(s) and/or your business’ Registered Address must be filed with Alberta Registries. Also, Annual returns must be filed yearly to keep your corporation registered as per governing legislation. We can help you with this!! See our Manage Your Business Section