Named or numbered corporation? You then use the business name on advertising, business cards, etc. You should not rely on it, or take or fail to take any action based upon this information. Search by corporation number. All rights reserved.The Law Office of Hutchinson, Thompson, Henderson & Mott Select whether you want to search corporations that are active or historical. Movies and television often talk about numbered companies as some kind of slippery, underhanded, business entity – or at least one more likely to engage in questionable or illegal practices than a named company. On the other hand, a named corporation will have a name such a Mike Construction Ltd. which will be protected by government. You may for example run a cupcake business and rent the property from a landlord. This number can be found on the Certificate of Registration that was issued to the company by the Corporate Registry when the extraprovincial company was registered in BC. Enter the seven-digit corporation number that was assigned to the federal body corporate when it first came under Corporations Canada's jurisdiction (e.g., on incorporation, amalgamation or continuance). Alternatively, a Numbered Company may have registered Operating Names under which it can conduct business. For hours of service, go to Hours of telephone service . Registering a Numbered Corporation is almost the same as registering a Named Corporation. However many companies exist that do not deal directly with the general public. you may be asked for this number if dealing with Ministry of Finance for PST, WorkSafeBC or applying for a GST number or other accounts at Canada Revenue Agency. If you are logged in with a BC OnLine account, you can now search the Corporate Register for information about BC and Extraprovincial companies using Corporate Online. If you just want a business number, use Business Registration Online (above) instead. How To Register A Numbered Company. Organizations need to register, file documents and update records, which are kept as a … 1278865 Ontario Inc. lacks that certain ring to it. December 4th, 2013. Click Next. If you’ve got lots of dollars built up in a holding company, buying real estate through your company may be the way to go. Find out the exact name of the company in Canada you're researching. Movies and television often talk about numbered companies as some kind of slippery, underhanded, business entity – or at least one more likely to engage in questionable or illegal practices than a named company. That landlord could very well be using a numbered company to hold title to the property. However the reality is a bit different. Every named company must end with the word Incorporated, Corporation, Inc., Ltd., or some other variation to indicate a corporation, yet many companies use business names that lack those words: how many chain restaurants have “Inc.” on their signs? These documents are stored at the company's records office. In Ontario when you are setting up a company you have three options as to names.

Pre-tax vs. after tax dollars. It is not, and should not be taken as, legal advice or a legal opinion. FEES The fee to incorporate a company by filing an Incorporation Application using Corporate Online is $350.00 and a BC OnLine service fee of $1.50 plus GST. OneStop Help Desk 1 877 822-6727 (Monday to Friday 7:30 am to 5:00 pm) or Email: OneStop.Help@gov.bc.ca OSMA01 BC Government The Difference Between a Numbered Company and a Named Company. Registration Number. 21345 BC Ltd.). In a numbered corporation, a random number will be the name (ex. The general public will never have to remember the name and the landlord will never have to advertise beyond that the building is available for lease, so there is no need for a name.While it is true that typically numbered companies are used for purposes other than providing goods and services directly to the general public, the reasons to incorporate are the same – to shield directors, officers, and shareholders from personal liability and/or for tax reasons. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this blog.© 2020 Hutchinson, Thompson, Henderson & Mott. With a word name, you have the legal right to use it across Canada once Corporations Canada approved your name. The advantage to a numbered company is that there is no need for a name search. However there is one twist in this process. Furthermore fraudsters are aware that the general public distrusts numbered companies and so the majority of frauds I have seen involve companies with full names.In short numbered companies are slightly cheaper and easier to set up but a named company is generally preferable when dealing with the public. Once you find the company you're looking for, make a note of the exact name and the website address. This document is stored at the company's head office. numbered name, for example, 12345678 Canada Inc. A numbered name is the simplest way to name your corporation because we assign the number. Visit the Canadian Business Directory, located in the Resources section below, and click on "Search." This is very common and often does not occur to people. Your second option is to create a corporation (with a name or numbered) and adopt a business name which is registered with the government. [a] entering an incorporation or registration number; or[b] entering a company name including a translation of the company name or assumed name if applicable. The minimum number of Directors is one (1), with a maximum of ten (10). By: Nathan Green .