Registering a Partnership
The first steps of registering a partnership, society, or
corporation in New Brunswick or Nova Scotia are the same as outlined above for
registering a sole proprietorship; you need to choose a suitable name, have a
name search conducted, and reserve a business name. In fact, in Nova Scotia,
the procedure for registering a partnership is identical to the procedure I’ve
outlined above for registering a sole proprietorship, right down to using the
same ”Statement to
Be Used in Registration…” form. Here’s a summary of Partnership
Registration. Currently registering a partnership in Nova Scotia costs $50.
For an outline of how to register a partnership in New
Brunswick, see "Registration
of a Partnership". You’ll need to fill out
"Form 1 -
Certificate of Partnership or Certificate of Renewal of Partnership"
and take or send your completed form and $110 fee to the Corporate Affairs
Branch in Fredericton or Business Service Centre. (Why is it more than double
the price to register a partnership in New Brunswick than it is in Nova
Scotia?) Like a sole proprietorship, a partnership must be renewed every 5
years.
Registering a Society
Registering a Society in Nova Scotia is also fairly
straightforward, although there are a lot more forms to be filled out. "Society
Registration" provides an overview of the procedure. The Society
Forms you need are available
for downloading. There doesn’t appear to be any information about registering a
society in New Brunswick online, so contact your nearest Business Service
Centre for information on this topic.
Registering a Corporation
The procedure for incorporating a company in either
province, however, becomes considerably more complicated (and expensive).
An excellent summary of the procedure for registering a
corporation in Nova Scotia is given in the Registry of Joint Stock Companies’
outline of the steps for Limited
Company Registration. While some of the forms you will for incorporation in Nova
Scotia are available for downloading at Limited
Company Forms, they’re not all here, and as incorporation can be
complicated, it’s best if you hire a lawyer rather than trying to do it
yourself. The current fees for incorporating a business in Nova Scotia are
$335; you must renew your registration annually, which costs $85. Every limited
company in Nova Scotia. must operate through a Recognized Agent (see above).
In New Brunswick, you may get an Incorporation Kit from the
Corporate Affairs Branch of the Department of Justice or the Business Service
Centre. I assume it provides information about the incorporation procedure.
Here’s an online outline of the Incorporation
procedure. This document contains links to the various forms you will
need; they can also be downloaded from this Information and
Forms page. Incorporating a business in New Brunswick currently costs
$260; once again, I strongly recommend having a lawyer guide you through this
procedure.
Making Your Decision
Deciding how your business is going to be structured legally and
choosing a business name are decisions you’re going to be living with a long
time. While you can create a business name that’s appropriate and distinctive
through your own inspiration or with the help of your friends and family, I
strongly advise seeking the advice of a lawyer and/or accountant to determine
which business form is best for you.
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