Most people have heard that registering a new Northwest Territories 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 […]
Tag Archives | Northwest Territories Incorporation
Starting a Business in Northwest Territories: Choose a business structure
Now that you have decided to start your own business in Northwest Territories, 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 […]
Northwest Territories Incorporation FAQ: Should I Incorporate?
A corporation in Northwest Territories 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 […]
Starting Your Business in Northwest Territories 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 […]
Northwest Territories Incorporation Forms
By ecompanies on January 13, 2019 in Doing Business in The Northwest Territories, Northwest Territories Incorporation
Northwest Territories Incorporation Forms. Incorporating provincially in Northwest Territories, Canada. The act of incorporating in Northwest Territories creates a new legal entity called a corporation, commonly referred to as a “company.” A Northwest Territories corporation has the same rights and obligations under Canadian and Provincial laws as a natural person. Ecompanies offers fast & easy […]
How to Register a Corporation in the Northwest Territories
By ecompanies on January 5, 2019 in Doing Business in The Northwest Territories, Northwest Territories Corporate Registry, Northwest Territories Incorporation, orthwest Territories Corporations
A Northwest Territories corporation is a statutory creature, created and regulated by provincial law (Northwest Territories 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 Northwest Territories Business Corporation Act. What sets the corporation apart, […]