What is a professional corporation in Alberta?

A Professional Corporation (PC) is a legal independent entity created by registering with the Corporate Registry of Service Alberta. A corporation protects shareholders from certain liabilities and obligations and may provide some tax advantages.

How do I incorporate a professional corporation in Alberta?

Learn how to incorporate your Alberta-based business….How to apply

  1. Choose a name.
  2. Get an Alberta NUANS report.
  3. Collect information needed for incorporation.
  4. Record your corporation’s address.
  5. Elect a director.

How much does it cost to register a company in Alberta?

The government fee to register a new corporation in Alberta is $445.

How much does it cost to incorporate a business in Alberta?

Alberta Incorporation Information: Incorporation can be completed at a Registry Office. More information can be found here. The Government fee for incorporation is $275.00 plus the cost of a NUANS search.

How does a professional corporation work in Alberta?

A Professional Corporation (PC) is a legal independent entity created by registering with the Corporate Registry of Service Alberta. A corporation exists separate and apart from its owners (shareholders) and basically acts as a ‘person’ that can: buy, sell and own assets including land; make contracts; sue; and be sued.

Do you have to pay for incorporation in Alberta?

There is no cost for registration, but in most cases, you will need to apply and pay for a name reservation and report in Alberta. You can do both through: If your corporation will do business in British Columbia, Manitoba or Saskatchewan, you can apply directly to one or more of these provinces.

What does it mean to be a CPA in Alberta?

A corporation protects shareholders from certain liabilities and obligations and may provide some tax advantages. Registration of a PC with the Corporate Registry requires endorsement from the profession’s governing body; in the case of Chartered Professional Accountants, this endorsement is provided by the Registrar of CPA Alberta.

How to register a business corporation in Alberta?

276 Definitions 277 Carrying on business in Alberta 278 Application Division 1 Registration 279 Requirement to register 280 Application for registration 282 Name of extra-provincial corporation 283 Registration by pseudonym 284 Certificate of registration 285 Cancellation of registration 286 New certificate of registration 10

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