When starting a new business in Newfoundland, 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 […]
Tag Archives | Newfoundland Incorporation
Administrative requirements of Newfoundland Corporations
Your Newfoundland corporation must file certain documents with the Newfoundland 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. Your Newfoundland Corporation […]
Newfoundland Corporations 101
Most people have heard that registering a new Newfoundland corporation provides “limited liability” — that is, it limits your personal liability for business debts. What you may not know is that there’s more to creating and running a corporation than filing a few papers. You’ll need to keep good records to handle the more complicated […]
Starting a Business in Newfoundland: Choose a business structure
Now that you have decided to start your own business in Newfoundland, 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 […]
Starting Your Business in Newfoundland 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 […]
Newfoundland Incorporation Forms
By ecompanies on January 10, 2019 in Doing Business in Newfoundland, Newfoundland Corporate Registry, Newfoundland Incorporation
Newfoundland Incorporation Forms. Incorporating provincially in Newfoundland, Canada. The act of incorporating in Newfoundland creates a new legal entity called a corporation, commonly referred to as a “company.” A Newfoundland corporation has the same rights and obligations under Canadian and Provincial laws as a natural person. Ecompanies offers fast & easy Newfoundland online incorporation service. […]
How to Register a Corporation in Newfoundland
By ecompanies on January 5, 2019 in Doing Business in Newfoundland, Newfoundland Corporate Registry, Newfoundland Incorporation
A Newfoundland corporation is a statutory creature, created and regulated by provincial law (Newfoundland Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Newfoundland Business Corporation Act. What sets the corporation apart, in a theoretical […]