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Who can incorporate in bc

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Home Employment, business and economic development Business Managing a business Businesses and incorporated companies. Sole proprietorships and partnerships.

On this page Start a business Make changes to a business Dissolve or end a business. Quick access to Register a business online Check processing times Find forms and fees More BC Registries' services and information Call the helpdesk: Sole proprietorships and partnerships have a registered business name for legal and tax purposes.

A sole proprietorship is a business with only one owner. A partnership company is operated by two or more parties. You may also want to: Explore resources from the Small Business Branch or Small Business BC Get advice from a chartered accountant or lawyer before setting up your business. Expand All Collapse All. Note: Business name changes cannot be completed online. There is no fee to make an address change. Follow instructions on the form to submit it or drop it off at a Service BC location If you're changing the business address location, it must be a physical address and include a postal code.

Change to or from a sole proprietorship or partnership. Correct a mistake in your business registration. Dissolve or end a sole proprietorship or partnership All information must be up-to-date and correct before dissolving a sole proprietorship or partnership. To dissolve a business, complete one of the following forms and follow instructions on the form to submit it: Sole proprietorships, general or limited partnerships: Dissolution of Proprietorship or Partnership Registration form PDF, Copy Cancel.

Did you find what you were looking for? Thank you for your response. Help us improve gov. Organizations A-Z. Forms A-Z. Driving and transportation Farming, natural resources and industry Family and social supports Health Environmental protection and sustainability Housing and tenancy. Home About gov. Use a sample set of articles PDF, Benefit companies must include a benefit statement or provision in its articles.

This includes outlining:. Read the legislation for specific rules. Community contribution companies must include its primary community purposes in the articles. Unlimited liability companies must include the following shareholder liability statement in its articles: "The shareholders of this company are jointly and severally liable to satisfy the debts and liabilities of this company to the extent provided in section An incorporation agreement must be signed by each person incorporator forming the company.

Usually the incorporators become the shareholders and directors once the company is incorporated. There is no need to file the agreement online. Keep the agreement in your records book. When opening a bank account, the bank may ask to see this document. Community contribution companies must have at least 3 directors who must act with a view to the "community purposes. You will need the name request number. If you can't register online, complete a paper form and ask a law firm or registry agent to submit the forms for you.

Once the incorporation application is processed, you will receive the following documents by email or mail, depending on the method selected:. You will need the incorporation number when you file other documents. Hold an annual meeting and prepare annual reports. Corporations can host annual meetings in-person, virtually or a combination of both. Requirements for hosting in-person or virtual annual meetings should be included in the corporation's articles, rules or bylaws. A mendments to the Business Corporations Act now provide companies the permanent ability to host fully or partially electronic meetings.

This permanent change will support improved engagement and help remove barriers to participation for people who are unable to attend in-person meetings. A corporate entity may determine the appropriate platform for an electronic meeting, provided all attendees can participate.

If an online meeting platform is chosen, organizers should consider providing a telephone option for people without access to a computer. Making a request for an Annual General Meeting extension:. On the application of the company, the registrar may, if satisfied that it is appropriate to do so and on the terms and conditions the registrar considers appropriate, allow the company to hold their annual general meeting on a date that is later than the date by which the meeting is required to be held under Section 1 of the Business Corporations Act.

To request an AGM extension please complete the following process:. Please email AGM extension requests to bcregistries gov. A cover letter is not necessary if the applicable information is in the body of the email. Ensure to have the company incorporation number and name, year of AGM to be extended, date of last AGM held, and reason for extension request. There is no fee charged for this request.

Generally an extension will be granted provided the following criteria is met:. The longest extension granted at one time is six months. If the company requires more time, when it gets closer to the extension expiring they can send a request for a subsequent delay. The maximum period we will extend is 12 months. If an AGM was delayed into a new year, the company will need to hold two AGMs in that subsequent year as per legislation requirements to hold an AGM each calendar year.

You will need an access code or company password to complete the filing. Your access code for online filing is on the annual report reminder. Log in to Corporate Online or the Business Registry benefit companies only. Pay by credit or pre-authorized debit card, or use a BC OnLine account. If you cannot file the application electronically, prepare the paper forms and contact a lawyer, notary or other service provider to submit the forms for you.

Check with the service provider about additional fees. Financial statements and meeting minutes are not filed with the annual report. Keep these documents with other records at your registered office. Log in to Corporate Online to request a reminder email. It will be sent to any primary email addresses provided. If you set-up a reminder, you will be emailed a reminder and access code annually.

Benefit companies: Annual report reminders are automatically setup and cannot be removed. Reminders are sent to your company's registered office email address. Keep your contact information up to date to make sure you get your annual reminders. The third-party standard defines, reports and assesses the performance of a benefit company in conducting its business in a responsible and sustainable manner and in relation to its public benefits. For example, if a benefit company chooses to promote environmental public benefits, it may have to complete a questionnaire or report on specific aspects of its activities which will be scored or evaluated to assess its performance.

A benefit company must choose a third-party standard that it will use to assess its performance in meeting its commitments to conduct its business in a responsible and sustainable manner and to promote its public benefits. A benefit company applies the assessment to itself. The third party does not perform the assessment and there is no government oversight of the assessment. The benefit report is not filed with the registry. The report must be made accessible to the public without charge.

This includes making it available on the company's website, if it has one. Community contribution companies must publish an annual community contribution report for the B. Option 2: Fill out a form. Even if you will be submitting your changes online, you may wish to fill out a paper copy of the application first to make you have everything you need before you start the online process.

Follow the filing and payment instructions on the form. The form will let you know if you should file online or by mail. Make changes to an extraprovincial out-of-province company doing business in B. Most filings are completed online. Find out how to update information for extraprovincial companies. Change of company name. Businesses must have their name approved and confirm it's not being used by another business.

You will need your name reservation number, incorporation number, company password and customer profile ID. You could also ask a lawyer, notary or other service provider to submit it for you. You will need your name reservation number and the phone number or email used to request the name.

Once a new name is approved, the previous name will be removed from the register and may be used by another organization. This includes information about:. You will need the incorporation number and company password. Under section of the Business Corporations Act it is an offence to make a false or misleading statement in respect of a material fact in a record submitted to the Corporate Registry for filing. This includes submissions for incorporation, dissolution, amalgamation, change of address or Notice of Alteration.

There are no refunds for the filing that's being withdrawn. Withdrawals need to be submitted before pm the day before the filing takes place. If you need to withdraw a filing immediately and you don't have a BC OnLine account to submit the filing, contact a lawyer, notary or other service provider who can complete it for you e.

Note: You cannot use the Business Registry to withdraw a filing at this time. Financial institutions and credit unions including extraprovincial registered financial institutions need to file documents with BC Registries and the BC Financial Service Authority regulatory filings. For more information about filing requirements, contact the BC Registries helpdesk: Look up B. School District Business Company forms for filing.

Records filed by corporations can be accessed by the public for a small fee. Find out how to submit a search request.

Financial statements, meeting minutes and information about shareholders or share certificates are not part of filed records. You can request this information by contacting the company. Two or more corporations can amalgamate to become a new company. Companies must be up to date with annual report filings. Amalgamation with a community contribution company is only allowed if the end result is an amalgamated community contribution company. It would be best to seek legal advice before amalgamating.

Read about amalgamation in the Business Corporations Act to determine the type of amalgamation that applies to your situation. Find out more about long-form or short-form amalgamation: Government of Canada: Guide on amalgamating business corporations.

A Certificate of Status is issued only to a company, society or cooperative formed in B. It will not be issued for a company in the process of dissolving. A Certificate of Status cannot be issued for an extraprovincial company because BC Registries doesn't know the status of the company in its incorporating jurisdiction.

Instead, request a Letter Under Seal which certifies that an extraprovincial company is registered in B. A company or society can order this certificate to prove that they are "in good standing" which means that they're up to date with filing annual reports. A Certificate of Good Standing will not be issued for a company that is not up to date with filing its annual reports.

Companies or societies incorporated outside of B. Companies or societies formed in Alberta or Saskatchewan, general partnerships, limited partnerships or sole proprietorships should order a Letter Under Seal to prove registration in B. Letter Under Seal. General partnerships, limited partnerships, sole proprietorships or extraprovincial out-of-province companies or societies should order a Letter Under Seal to prove registration in B.

For example, you can check if a corporation is legally registered to do business in B. This service is not available online. You cannot download and print documents such as a company summary.

Send the letter along with a cheque or money order for the amount quoted payable to the Minister of Finance to:. Requests for services that require a specific date must be submitted at least 2 business days before the requested date.


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