Trade names do not form any type of company. In fact, they have no legal similarity or stability for a business. A business name is a company name that people register with the Alberta Corporations Registry. The trade name offers limited protection of the intellectual property of a company name. Therefore, never use a trade name as a substitute for the brand of a name. Legally, the process offers much less protection to your business. Learn more about trade names in Alberta. Corporations are legal entities registered as organizations under the Societies Act of Alberta and are often used for charitable purposes. After proper incorporation, corporations may, in certain circumstances, obtain not-for-profit status with the Canada Revenue Agency. Alternatively, as a legal entity, companies often help maintain a legal position for a group that does not make a profit but does not meet the requirements of a «charity.» Not-for-profit organizations can obtain not-for-profit status with the Canada Revenue Agency. One of the advantages of a nonprofit is its ability to issue tax receipts to donors.

This process often takes much longer than expected. A charity does not exist as an independent legal entity. As a result, it must meet certain requirements under the Income Tax Act to be registered as a charity. The certificate of status of a business in Alberta contains the current exact name of the business in Alberta, the Alberta business number and its status. – Determine where and to whom legal documents should be sent Condominium corporations are one of the types of businesses that are not incorporated under the Alberta Business Corporations Act, but are instead incorporated under the Alberta Condominium Act. A condominium corporation is legally incorporated when a condominium plan is registered with the Alberta Land Titles Office. In other words, «shareholders» include all owners of shares in the condominium plan. We strongly recommend that all condominium owners have a personal interest in managing the condominium business.

Your investment and your home deserve the attention they deserve. Finally, charities receive their not-for-profit status from the Canada Revenue Agency. The advantage for a non-profit organization is that it can issue tax receipts. A charity does not exist as an independent legal entity. There are many rules governing the use of non-profit status. Each rule requires strict compliance to maintain non-profit status. Failure to comply with these rules often results in the loss of non-profit status or the loss of some charitable status of the donation. Use the following link to obtain a printable version that confirms our status as a legal entity: legal entity status.pdf Alberta legislation establishes requirements for annual business filings. It`s basically a «three punches and you`re out» rule. The government will warn you and let you know that your company does not have a good reputation. After three years, the province removes your business from the business register. Alternatively, another term used for the dissolution of the company.

This means that your business ceases to exist. It is no longer a legal entity in Alberta. If you don`t fill out your annual business filings, you risk losing the benefits of starting a business. These benefits include, for example: There is no legal obligation to submit an annual return for the year you started. You must then submit your annual business filings before the end of the month you founded. Of course, you can file your annual tax return before the absolute filing date. If you do not submit on time, it is important that you receive your return as soon as possible. Most importantly, the province of not doing so can beat your business.

This means that it no longer exists legally. You understand your business. We understand the law. Kahane Law Office`s in-house lawyers are happy to help entrepreneurs. With legal, practical and personal experience with indebted companies, we ensure that you submit your annual business returns each year. Above all, keep your business in a good reputation. Finally, please contact us at 403-225-8810 on-site in Calgary, Alberta, or toll-free at 1-877-225-8817 or by email directly here. «GOVERNORS OF THE UNIVERSITY OF CALGARY» was created in 1966 as a legal entity under the defunct Provincial Universities Act, SA 1966, c 105, continued under the subsequent Universities Act, RSA 2000, c U-3, and continues under the current Post-Secondary Learning Act, SA 2003, c P-19.5. The University of Calgary is recognized as a not-for-profit organization established by provincial legislation and therefore does not have a business registration number. We are registered as a non-profit organization under the name «THE GOVERNORS OF THE UNIVERSITY OF CALGARY»; Our charitable registration number is 108102864 RR0001. – Ensuring that a company can legally conduct its business A key aspect of a business is maintaining corporate status.

These are several different components. For example, this includes keeping logbooks, annual feedback, maintaining a head office, etc. To make your life easier, focus on your business, we offer cost-effective options to business owners.