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We assume you want to learn how to register a business name in Canada; we have you covered. This article is a complete guide that explains the details of how to write a business name in Canada
What is a business name?
A business name is the official name of your business that customers can identify and reference. You’ll need to choose a legal structure for your business. The legal name for your business will depend on the legal structure you choose. If you’re a sole proprietor or a partnership, you can use your name for your business name or an assumed name.
If you want to use something else for your business name, you’ll need to register it with the appropriate provincial or territorial agencies as an assumed or fictitious name. You’ll have to make sure no one else is already using the name you want to use.
Your business name will be used in marketing, advertising, and other promotional materials. It’s also what you’ll put on your website, as well as on any other online platforms where people can find out more about you or make a purchase from you (like social media accounts). In short: the business name is everything!
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Trade Name Registration
Registering your business name is an essential step in starting your business. By registering your trade name, you are ensuring that no one else can use it. The process is simple and only takes a few minutes. Here are the steps:
- Go to the website of the Canadian Intellectual Property Office (CIPO).
- Search for the trade-marks database.
- Find the trade-marks search function. If you know the exact word or phrase of what you want to register, then enter it into the text box. If not, click on advanced search and select the same terms. Click on submit.
- After completing this successfully, CIPO will provide you with a list of businesses’ registered trademarks in Canada. Choose from those options or go back to step two if none are available that fit your needs.
How much does it cost to register a business name in Canada
How to register a business name in Canada— To register a business name in Canada is not as costly as you might think. However, it varies depending on the area you are in Canada.
It might cost you between $60 to $150. The cost of operation in the city of Alberta is nothing more than $40.
Types of Business Names
There are just four types of business name in Canada that is recognized under the partnership Act
- Limited liability partnership
- Limited partnership
- Sole proprietorship(Trade name)
The simplest form of business allows you to operate as an individual with no partners or shareholders.
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Sole proprietorship.
. You can use it if you’re the only owner of the company, but it’s not recommended because there are restrictions on how much control you have over its operations and assets.
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Partnership (general)
A block comprises two or more individuals who share ownership and responsibility for managing their company.
This type of business structure may be more suitable for solo entrepreneurs who want complete control over their projects but don’t have enough capital available yet—or get started slowly with limited investment in equipment or inventory until they build up enough cash reserves from other sources such as contracts with clients or sales revenue generated by services rendered by employees working under contract rather than serving as full-time employees themselves (which would require paying overtime wages).
Partnerships also come with benefits like being able to borrow money from each other without having any collateral required except goodwill which means that if one partner goes bankrupt, creditors won’t be able to collect collateral/add interest to the money.
The legal name for your business will depend on the legal structure you choose.
- Sole proprietorship: You are the only business owner, and no other person is involved in its operation. In this case, there’s no need to register a name with the government. However, if you have employees or partners who are also company owners (or working at least 50 hours per week), then kes sense to go through this process since it helps keep track of who owns what when things go wrong!
- Partnership: This refers to two or more people sharing ownership over an enterprise like shareholders in a corporation. For them all to be considered partners under Canadian law (and therefore eligible for certain benefits), they need names registered under their terms before starting trading as partners under another character later on down the road—that way, everyone knows who owns what from day one!
Benefits of Registered Business name in Canada
If you’re a sole proprietor or a partnership, you can use your name for your business name or an assumed name.
If you’re a sole proprietor or a partnership, you can use your name for your business name. You may also choose to use an assumed name—one that’s different from your legal name—if it helps protect your privacy and reputation. In some cases, this may be necessary if the law requires it (for example: to avoid being sued by others).
If you decide to go with an assumed name as the basis of your business entity, several things need to be kept in mind
If you want to use something else for your business name in Canada, you’ll need to register it with the appropriate provincial or territorial agencies as an assumed or fictitious name.
You’ll have to make sure no one else is already using the name you want to use.
Learn more about the benefit of having a registered.
How To Check A Business Name in Canada
We have highlighted ways you can verify if your business name in Canada isn’t already in use
- Look up the name on the internet. Go to Google, type in your desired business name, and see what comes up as a result (make sure it’s not already taken).
- Check with your phone book, too! If you don’t know how to do this, ask a friend or family member who lives nearby if they know any lawyers who might be able to help you out with this process; they may even have friends who work in law offices themselves!
- Check with government websites such as our government Canada Business Names website. This site allows users looking for information about registering their company brand name within different provinces across Canada, including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova, Scotia, Prince Edward Island, Newfoundland, Labrador, Northwest Territories, and Yukon Territories Nunavut.
- This might include checking domain names, social media handles, and search engines.
What next?
What next after deciding on a business name in Canada you want to use?
Once you’ve determined your business name, it’s time to register it with the government. There are three main ways of doing this:
- We are registering a domain name. Domain names are the URLs associated with your website or social media handle.
- You are registering a business name. You can also write a company logo and other elements of your brand identity (such as slogans) through the same process as domain names if you’re planning on using them at some point in the future to give yourself some legal protection against someone else taking ownership of them without permission from you.
- However, registering these items separately will cost more than just buying one license for everything together! Be careful when choosing which way works best for your needs–it may cost less overall but still pay off in the long run by letting potential customers know who they’ll be dealing with when contacting them via email/social media channels, e.t.c.”
Benefits of Getting a Registered Business Name in Canada
There are several benefits of getting a registered business name in Canada—here are a few uses.
1. Registering a business name helps customers find and recognize your business.
Registering your business name in Canada can also protect you from being confused with another company or having your brand stolen by someone else. It allows you to write a domain name that includes all of the information necessary to find out who owns it and where they are located.
2. Getting a registered trademark prevents you from facing legal actions
A registered trademark or copyright means that if someone uses an unregistered mark or copy of one, they risk losing their rights to it and facing legal action from the owner of that intellectual property (IP). Learn more about this
Conclusion
That’s all you need to know about registering a business name in Canada. Hopefully, this article has been helpful and informative, and we’ve helped you find the right way forward with your new business venture
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