Competitive Tax Climate As one of North America’s most dynamic business environments, British Columbia offers strategic advantages that include a competitive tax climate, a culture of innovation and rewarding industry-specific tax credit programs. Corporate Income Tax British Columbia’s general corporate income tax rate is only 12%. When combined with the federal rate, British Columbia businesses […]
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British Columbia Supportive, Financially-Responsible Government
British Columbia recognizes and values the benefits of a stable economy. Strong fiscal management and investments in the province’s future are two of the ways that we maintain our hard-earned reputation as a safe harbor for investments. Balancing The Budget British Columbia is legally obliged to balance its budget, a requirement that directly supports British […]
British Columbia Sector Opportunities
British Columbia Sector Opportunities. British Columbia’s expanding economy generates a wide range of investment opportunities. From natural resource extraction to technological innovation, creative industries, agriculture, and beyond, each industry sector provides competitive advantages for investors. Our skilled and innovative workforce, a generous supply of natural resources, and comprehensive transportation and communications systems ensure that businesses […]
Keeping Corporate records for Alberta Corporations
A corporation shall prepare and maintain at its records office records containing (a) the articles and the bylaws, all amendments to the articles and bylaws, a copy of any unanimous shareholder agreement and any amendment to a unanimous shareholder agreement, (b) minutes of meetings and resolutions of shareholders, (c) copies of all notices required by […]
Registered Office, Records and Seal of Alberta Corporations
Registered office, records office, address for service by mail (1) A corporation shall at all times have a registered office within Alberta. (2) A notice of (a) the registered office, (b) a separate records office, if any, and (c) the post office box designated as the address for service by mail, if any, must be […]
Authority of directors, officers and agents in Alberta Corporations
A corporation, a guarantor of an obligation of the corporation or a person claiming through the corporation may not assert against a person dealing with the corporation or dealing with any person who has acquired rights from the corporation (a) that the articles, bylaws or any unanimous shareholder agreement have not been complied with, (b) […]
Capacity of an Alberta corporation
An Alberta corporation has the capacity and, subject to this Act, the rights, powers, and privileges of a natural person. An Alberta corporation has the capacity to carry on its business, conduct its affairs and exercise its powers in any jurisdiction outside Alberta to the extent that the laws of that jurisdiction permit. 1981 cB-1 […]
Direction to change the corporate name of an Alberta Corporation
If, through inadvertence or otherwise, a corporation comes into existence with or acquires a name that contravenes section 10 or 12, the Registrar may, by notice in writing, giving the Registrar’s reasons, direct the corporation to change its name to one that the Registrar approves within 60 days after the date of the notice. The […]
Alberta Corporation Prohibited names
An Alberta corporation shall not have a name (a) that is prohibited by the regulations or contains a word or expression prohibited by the regulations, (b) subject to the circumstances and conditions prescribed by the regulations, that is identical to the name of (i) a body corporate incorporated under the laws of Alberta unless the […]
Alberta Corporate names
An Alberta corporation name consists of 3 elements: distinctive descriptive legal ‘ABC Building Supplies Ltd.’ is an example of a corporation name that contains all 3 elements. Distinctive element A distinctive element is a unique word or location that makes your corporation name different from others. In the example above, ‘ABC’ is the distinctive element. […]