Corporate Registry

corporate-registry

Incorporation
Astro Insurance 1000 Inc is accredited to provide you with all levels of corporate registry services. The government of Alberta no longer provides corporate registration services to the general public; however the government still maintains ownership of all the information collected and stored. Strict security measures to protect the integrity and security of all corporate data collected by Registry Offices and the Corporate Registry is firmly in place.

A corporation is created under the laws as a separate legal entity, which has privileges and liabilities that are distinct from those of its members.  A corporation is recognized by law to have the same rights and responsibilities of a natural person. Any business carried on for profit can become a corporation and has specific tax and financial advantages.

All incorporated companies in the province of Alberta are required to file a yearly return. Yearly annual returns keep your company in good standing by updating your company records with Corporate Registry. These returns tell your Corporate Registry your company is still active.

The annual return must be filed for the year ending on the anniversary date of the company’s incorporation or registration.  Failing to do so may result in additional fees or your company being removed from the Corporate Register.  Once a company has been struck from the Corporate Registry you are required to file all outstanding annual returns and complete an article of revival.

Your Alberta annual return provides the following updated information on:

  • Corporate Access Number
  • Corporate Address
  • Current Registered Name of the Corporation
  • Names of Active Directors with Addresses
  • Names of Shareholders, Addresses, and % of Voting Shares for Each
  • Time Period of the Report

Astro Insurance 1000 Inc will process your return in person or via fax or email if you have an account with our office.

For additional information call our office.

We keep all forms for corporate changes at our office. For Change of Directors or Shareholders, or Change of Addresses you just need identification at time of filing or midterm.

For additional information call our office.

If you decide to incorporate as a named company you will have to have a NUANS® (Name Reservation Report) completed. The NUANS® will provide a listing of all similar existing corporations and indicate if an exact name is already in use.  A name already registered cannot be used.  For numbered company a NUANS® report is not required as there will be a number provided to you.

For additional information call our office.

The same trade name may be used by more than one company/person. Registering the name in Alberta does not mean you own the name and you could experience legal issues if you use a name that is currently in use in another jurisdiction.

If you wish to use the name in Alberta you must complete an Alberta Business Name Report (NUANS) to see if the same name is currently in use. If the name is not in use you may reserve it. That said, incorporating your business is the only way to protect your business name from someone else using or doing business under it.

For additional information call our office.

A Business Partnership is owned and operated by two or more persons. The partners own all the business assets, share all the profits and are jointly and separately liable for the partnership debts and liabilities. Debts of the partnership can be collected from any one of the partners or any combination of the partners. Fundamentally, each partner acts on behalf of the partnership and on behalf of the other partners.

A limited partnership differs from a general partnership in that for a general partnership all partners share company liability and responsibility equally and in a limited partnership there can be general partners with unlimited liability and limited partners that are not liable for the obligations of the limited partnership.

For additional information call our office.

A sole proprietorship, a partnership or a corporation can do business under a trade name which you can register, however that doesn’t provide right of ownership to the trade name. It does however provide proof that you have done business under that trade name from a certain date.

When a person decides to operate a business without any formal business structure it’s called a sole proprietorship and the individual offers goods and services under their own name or another name.

A sole proprietorship is not a distinct entity apart from the individual. The sole proprietor owns all the assets of the proprietorship and the business forms part of the personal income of the sole proprietor and is taxed accordingly and when the sole proprietor dies or retires, the sole proprietorship ends.

If you have any additional questions related to points listed above, please call us and allow one of our highly trained experts assist you in finding the answer.

For additional information call our office.