How To Register A Business In New Brunswick

New Brunswick Business Registration

Eric P. Cohen, Barrister & Solicitor offers several types of New Brunswick business concern registration services including New Brunswick sole proprietorship business name registrations, New Brunswick general partnership business proper noun registrations and New Brunswick trade/operating proper name registrations (operating names for corporations). Business names are registered in the Province of New Brunswick nether the Partnerships and Business Names Registration Act (New Brunswick).

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Types of Business Registrations

Sole Proprietorships

Sole proprietorships are the nearly common and simple form of business structure. Under this type of business structure, ane person owns the assets of the business organisation and is as well personally responsible for its liabilities. The owner can employ others to assistance in operating the business concern, only the possessor usually manages the business organization himself or herself. There are few formal legal requirements to constitute sole proprietorships, and they are much cheaper to create than corporations. A New Brunswick sole proprietorship must accept its registered business accost located inside the Province of New Brunswick.

General Partnerships

Partnerships are similar to sole proprietorships in that the owners of the business organisation personally own all the avails of the partnership and are personally responsible for the liabilities of the partnership. The basic difference between a partnership and sole proprietorship is that a partnership has more than than i owner (referred to as a partner). The partners can employ others to help in operating the concern, but they unremarkably have a hand in the operation or management of the business. There are few formal legal requirements to establish partnerships, and they are much cheaper to create than corporations. A New Brunswick partnership must have its registered business accost located inside the Province of New Brunswick.

Trade Names

Trade names are business concern name registrations for corporations. Whatsoever corporation that identifies itself to the public under a name other than its total corporate name must register that name as a trade name (also known as a business name, operating name, fictitious name, trade style, and dba – "doing business organization as" name). Both the trade proper noun and the underlying corporate name must be identified on all contracts and other legal documents. Merchandise names are commonly used where a corporation operates using several business names for dissimilar divisions of its business.

Fast Facts-New Brunswick Business Registration

New Brunswick Business concern Registration

Processing Time	Expedited Processing ten business organisation days	Priority Processing Sole Proprietorships only - 1 business concern day
Government Filing Fee	$112.00
Registration Term	5 years
Blazon of Name Search	Atlantic biased NUANS Search