When starting a new business in Manitoba, it’s essential to select the business structure that best supports your goals. Business structures are chosen for the most part to comply with tax law, which treats each type of structure differently. There are three types of legal structures for a business: Sole proprietorship, partnership (which is a […]
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Administrative requirements of Manitoba Corporations
Your Manitoba corporation must file certain documents with the Manitoba Corporate Registries Office, including: articles of incorporation annual returns notices of any changes in the board of directors notices of any changes in the address of the registered office articles of amendment if changes to the structure of the corporation are made. […]
Starting a Business in Manitoba: Choose a business structure
Now that you have decided to start your own business in Manitoba, you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are four main types of […]
Manitoba Incorporation FAQ: Should I Incorporate?
A corporation in Manitoba is a legal “person,” which can be created under provincial business corporation act. As a person, a corporation has certain rights and obligations such as the right to do business and the obligation to pay taxes. Sometimes one hears of a law referring to “natural persons.”That is to differentiate them from […]
Starting Your Business in Manitoba Checklist
Where do I start? tasks to be undertaken resources Evaluate your idea Is your idea feasible? Can you make money from this venture? Market Research Test the viability of your idea by researching the market, industry, and competition Develop A Business Strategy This is an essential step and critical for the planning and success of […]
How to Register a Business Name in Manitoba
When to register a business name in Manitoba You must register a business name in Manitoba if: it’s different than the registrant’s own full name if the registrant is an individual your business is a corporation operating under a name other than its corporate name your business is a partnership carrying on business under a […]