Corporate Registry
Corporate Registry Services
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.
Corporate Services
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.
If you have the legal address and you want to know who owned the property before the current owners we can provide a historical search. In fact Alberta properties can be searched all the way back to the original owners. For additional information Contact Astro Insurance.
A corporation is an independent legal entity that exists separate and apart from its owners (shareholders). Basically, the corporation acts as a ‘person’.
You do not need to be a large business to register as a corporation. A small business with only one owner can register as a corporation. If you need help deciding if a corporation is the best form of business, we highly recommend you get legal advice. Please visit https://www.alberta.ca/incorporate-alberta-corporation.aspx for more information and forms or contact our Registry office for assistance. 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.
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.
