Alberta
Step-by-Step Process on How to Register a Company in Alberta
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- Understanding how to register a company in Alberta will be extremely important for potential entrepreneurs to access the engine of the state’s thriving economy and entrepreneurial spirit. Alberta is considered one of the best provinces for business due to its diversified economy, with major emphasis on energy, agriculture, technology, and tourism.
- More than 4.4 million residents keep its market dynamic. To register company in Alberta, Tetra Consultants provides professional services to help ease the entire procedure. From preparing the appropriate documentation to ensuring alignment with the norms and rules of the province, our experts will ensure that you have everything in hand to concentrate on running a successful business in one of the most promising destinations for entrepreneurs in Canada.
How to register a company in Alberta?
Step 1: Choose a unique name
- When incorporating in Alberta, a unique name is the first step in the incorporation process. The company name needs to be reserved by the Alberta Corporate Registry. To do this, an application to reserve the name must be submitted, and in some cases, a NUANS report is required to validate that the name is not already used.
- Our experts at Tetra Consultants additionally provide international trademark registration services that will assist with globally protecting and reserving your preferred business name to ensure that all the necessary steps are taken for proper name protection.
Step 2: Preparation of essential corporate documents
- To incorporate a company, one needs to prepare several fundamental documents such as the articles of incorporation, which define the organization structure, classes of shares, and other important elements. When forming a foreign business in Alberta, some requirements should be made for the foreign incorporators.
- Moreover, the company must develop the incorporation agreement and its bylaws, which detail the norms of governance and operational rules within the business. Tetra Consultants assists the businesses in the filing process, ensuring that all necessary documents are prepared to meet Alberta’s legal requirements.
Step 3: Appoint a registered local agent
- All foreign entities intending to incorporate a company in Alberta must have a registered agent residing in the province. The agent can be an individual or a legal entity; the agent should be qualified to receive official mail on behalf of the company. The agent does not have to be a solicitor. Tetra Consultants’ HR team will be appointing a registered agent on your behalf, thus ensuring that all the legal requirements are fulfilled.
Step 4: Submitting registration documents
- Then, when ready with all the documents, they must submit it to Alberta Corporate Registry. In this regard, the set of documents involves a filled Articles of Incorporation (Form 1), notice of address (Form 2), and names of directors (Form 3). They must accompany the required fees applicable for the type of business, which sometimes varies. They can submit it either by mail or online. Ensuring all registration requirements are taken care of, Tetra Consultants assists you with filing your documents and making this process as smooth as possible.
Step 5: Obtain a business number and register for tax accounts
- Once your business is incorporated, you will need to obtain a business number from the Canada Revenue Agency. Depending on your business activities and revenue, you may be required to open tax accounts for GST or payrolls, among others. Tetra Consultants can guide you through the process of attaining your business number and assist in tax account registration where needed. We also provide ongoing support for your company’s annual accounting and tax obligations.
Step 6: Corporate bank account opening
- After the incorporation, the following step is to corporate bank account opening. Tetra Consultants will help you source all the required documents to be submitted to the bank. Although most local banks in Alberta are preferred due to their ease of access, some might insist that one personally present themselves to verify identity and conduct a meeting. Once the account is opened, Tetra Consultants will arrange to send the internet banking token and access codes to your preferred address.
Conclusion
- Wondering how to register a company in Alberta? It is a very simplistic procedure with experts’ guidance from Tetra Consultants. Starting from choosing a unique name to opening a corporate bank account, our team will ensure each and every step is accurately performed and legalized. We are your best bet as local entrepreneurs or foreign investors, guiding you through the process of establishing businesses in Alberta. Contact us now to start your entrepreneurial journey!
- Contact us to know more about how to register a company in Alberta and our team will revert back in 24 hours.
Tetra Consultants
Tetra Consultants is the consulting firm that works as your advisor and trusted partner in your business expansion. We tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients. Contact us now at enquiry@tetraconsultants.com for a non-obligatory free consultation. Our team of experts will be in touch with you within the next 24 hours.
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