| Setting Up a Business in New Brunswick or Nova Scotia | |
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New Brunswick and Nova Scotia are an example of
something I’d dearly love to see more of; reciprocal registration agreements.
This means that if you have a business registered in one of these provinces,
you don’t need to register it in the other to do business in that province. So
if you have a partnership or sole proprietorship or corporation registered in
New Brunswick, for instance, you don’t have to register it in Nova Scotia to do
business there. Now there’s a considerable cost saving idea for businesses that
operate inter-provincially! If you want to start a business in either of these
provinces, your first decision is the same as it would be in any other
province; you need to decide how your business is going to be legally
organized. Are you going to operate as a sole proprietorship, a partnership, or
a corporation? (For definitions of these terms, see "Business Start-up in New Brunswick" or ”Who Needs to
Register?” in Nova Scotia. The registration procedure, and associated
fees and responsibilities are different for each form of business. Please note
that because I’ve chosen to link directly to many of the government documents
to save you searching and scrolling, you’ll need to have Adobe Acrobat Reader
installed to see the relevant PDF files in your browser.
Registering a Sole Proprietorship in New Brunswick Suppose you chose to organize your business as a sole
proprietorship. If you’re going to use your own name as your business name,
with no additions, you don’t need to register your business. But if you’re
planning to operate under another name, or add a qualifier to your name, such
as “and Associates”, you need to register your name. In New Brunswick, once you select a business name, you need
to have an Atlantic based NUANS search report done by a private sector name
search name search firm. Fees will vary, depending on which firm does the
report, but a single name search will cost you about $45. You can get a list of
private sector name search firms from the Corporate Affairs Branch in
Fredericton (Telephone: 506-453-2703; Fax: 506-453-2613). Online, you can find
this list on the last page of the pamphlet ”Selecting
a Proposed Name” (by the N.B. Department of Justice). Once you have the NUANS report, you’re ready to register your
business with the Corporate Affairs Branch of the Department of Justice. To do
this, you need to fill out a “New
Brunswick Certificate of Business Name…” form, and either send it or
take it to the Corporate Affairs Branch in Fredericton or to any Service New Brunswick
Centre, along with the $110 fee, and the NUANS report. If Corporate
Affairs deems that your documentation meets the legal requirements, they’ll
issue you a Business Certificate, which is good for 5 years. (After this time,
you’ll need to renew your certificate, which will mean filling out the form
again and paying a $60 renewal fee.)
Registering a Sole Proprietorship in Nova Scotia In Nova Scotia, setting up a business is easier, because the Registry of
Joint Stock Companies handles both the name search and the business
registration. Once you’ve chosen a name for your business, fill out the "Name
Reservation Request Form". Besides basic information such as your
mailing address and proposed business name, the form asks you to indicate
whether you want an Atlantic Canada name search (which costs $46 (including
HST), or a Canada-wide name search (which costs $57.50 (including HST). If your
proposed name starts with the word “Canadian”, the choice is made for you; you
must have a Canada-wide search done. Your completed form and fee can be phoned
in, mailed, or faxed to the Registry of Joint Stock Companies in Halifax, or
taken to any
Nova Scotia Access Centre. (As of this writing, the Access Centre in
Antigonish is the exception; it doesn’t offer Registry of Joint Stock Companies
services.) If your name is accepted, it will be reserved for 90 days,
meaning you’ll have to register your company within this time, or you’ll have
to file another Name Reservation Request. You can find out if your name has
been reserved by calling 902-424-7770 (press 1, then 1, then 4) after two
business days. To register your sole proprietorship in Nova Scotia,
complete the ”Statement to
Be Used in Registration…” form. Don’t be alarmed because the form
uses the word “partnership” throughout, instead of “sole proprietorship”; in
Nova Scotia, a sole proprietorship is defined as “a partnership of one”, and
this is the form you should be using. You will also need to submit a Statutory
Declaration with this form, with the signatures sworn in person by a
Commissioner of Oaths, Notary Public, Barrister or Justice of the Peace.
(Commissioners of Oaths are available at the Registry of Joint Stock Companies
and at Nova Scotia Access Centres.) Submit your completed form, Statutory
Declaration, and $50 fee to the Registry of Joint Stock Companies. In return,
you’ll be issued a Certificate of Registration, which will include a Business
Number (BN), assigned by Revenue Canada. In both provinces, if you’re not a resident and want to
operate a business in that province, you need
to operate through a Recognized Agent, a person who resides in the
province in question and will “receive official correspondence and who may be
served, on behalf of the company or society, with a writ, summons, process, or
other legal notice”. Here’s Nova Scotia’s "Appointment
of Recognized Agent" form and New Brunswick’s "Certificate
of Appointment or Change of Agent for Service". Next page > Registering a
Partnership, Society, or Corporation > Page 1, 2
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