Extra-Provincial Registrations & Continuances
Contact Neufeld Legal PC for your incorporation legal work at 403-400-4092 / 905-616-8864 or Chris@NeufeldLegal.com
When your business seeks to engage in business in a province other than the province or state in which it is incorporated, it may be necessary for your company to be extra-provincially registered in that particular province if it wishes to legally conduct business in that province, together with undertaking other appropriate licensing and registrations. This will be dependent upon the specifics of your business' operations and engagement in the local province, such that you should be consulting knowledgeable legal counsel to ascertain your legal responsibilities when you are looking to expand your business into another Canadian province.
Registering your company can be particularly important in various industries, where bidding and attaining contracts makes extra-provincial registration a pre-requisite. Nevertheless, even where there isn't an overt demand that your company be registered, this doesn't necessarily preclude your company from being registered, as your failure to register could well place your business in violation of provincial laws and subject to fines and other punishment. As such, extra-provincial registration must be properly pursued when looking to move into another province.
Continuances into Another Jurisdiction
There may come a time in your company's existence that it is determined that would be preferable to continue your existing company in another jurisdiction (province or country), whether this is for operational, legal and/or tax reasons. When such as decision is being contemplated or desired to be acted upon, there are a varying series of legal and procedural steps that need to be undertaken to appropriately facilitate such a shift of the corporate entity between jurisdictions.
Given the intrinsic benefits that are generally associated when a company is being continued into another jurisdiction, it makes sense to have knowledgeable legal advice with respect to both the procedures and the advantages / disadvantages associated with such a move. Understanding such benefits and risks is best done in consultation with professionals knowledgeable in this area of practice (including both accountants and lawyers), such that the appropriate choices are made and the procedural steps are correctly enacted.
At Neufeld Legal P.C., we work with corporations looking to extra-provincially register or continue into alternate jurisdictions for a variety of business reason (whether it is to or from a federal incorporation or to or from a provincial incorporation). So if you are looking to extra-provincially register your company or continue your company into an alternate jurisdiction, contact us at 403-400-4092 [Alberta], 905-616-8864 [Ontario] or via email at Chris@NeufeldLegal.com.
* Please note that the flat rates associated with a standard incorporation are strictly limited to a basic incorporation (federal, Ontario, Alberta) and does not involve other matters that might be corrollary to the incorporation process or might be atypical for a standard incorporation, including but not limited to related legal or tax advice, engagement with other governmental bodies or professional bodies, licensing, drafting of pertinent business contracts (i.e., shareholders' agreements), negotiations, disputes, financing, coordination with other companies or other legal structuring.span>
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Contact us via email at chris@neufeldlegal.com or call 403-400-4092 / 905-616-8864.