New Business Registration (Incorporation) Services in Calgary

For a startup, new business registration and incorporation are the processes of establishing your company legally. Business incorporation is the separate legal establishment of a business and can protect business assets. On the other hand, the incorporation of a startup gives you a business license. Hence your business incorporation is the legal action to business registration.

New company registration can reduce the tax burden and help with your limited business liabilities. As a sole proprietor, you are responsible for various conditions in your business like losses, debts, etc. All of these situations are common in business. However, you can remain protected and can claim for any requirements with your registered business. Moreover, Business registration and incorporation for a start-up help to get a loan easily from any bank and contribute to establishing a business account. A business account is valid proof of your company registration and is considered a valuable asset. However, incorporating your startup ensures a higher possibility to get a loan from an investor and lender easily.

When applying for an SME loan, you’ll need to provide proof of firm ownership. If you want a loan, lenders and investors will want to see proof of your business registration and other application requirements. Applicants for a business credit card may also be asked to provide documentation of their company’s legal existence. All registered businesses have EINs. It ensures that bookkeeping and accounting procedures adhere to all applicable laws. Proof that the company pays taxes provides health insurance for its workers and files income reports.

Supplier discounts are not available to those without any corporation of a business. If your business is registered, you can hire full-time employees and pay them in accordance with state law. When you register your business, you receive a state identification number that allows you to handle state taxes and hire additional staff. Building consumer trust is one of the primary reasons for registering a business. As a new business, you need to establish yourself as a legitimate entity. If a company isn’t registered, it may appear to customers as a fake establishment.

Get in Touch with Us for New Business Registration (Incorporation) Services

Any time can be a good time to start a business. Companies and LLPs used to be expensive and time-consuming to form, thus most entrepreneurs started their enterprises as unregistered. However, registering a business is now a straightforward and cost-effective process thanks to our top-notch reliable service.

Alberta Accountax Services is here to assist you with your new business incorporation and registration process. Besides new business registration, we also provide accounting, tax returns, bookkeeping in Calgary, and other accounting & consulting services. Our professional advisors can reduce several errors and ensure the right registration process. Trust us and get a valuable consultation with experts of Alberta Accountax Services to ensure the legal entities of your business.