Choosing the right name for your corporation is a critical step in the incorporation process. A well-chosen name not only reflects your brand but also meets Canadian legal requirements, ensuring your business name is unique and properly registered. Here’s a comprehensive guide to help you name your corporation.
In Canada, you have two main options for naming your corporation:
If you decide to create a unique name for your corporation, it must follow these guidelines:
When choosing a unique name, it’s essential to confirm its availability to avoid conflicts with existing businesses. This involves a NUANS (Newly Upgraded Automated Name Search) report, which compares your desired name with other registered names and trademarks in Canada. A NUANS report is mandatory for federal incorporations and must be completed before you submit your incorporation documents.
Canadian law has specific guidelines that govern corporate names to prevent misleading, confusing, or inappropriate names. To comply:
Once you’ve completed a NUANS report and confirmed that your chosen name meets all requirements, you can include it in your incorporation application. If incorporating federally, submit your name choice to Corporations Canada, and if incorporating provincially, submit it to the appropriate provincial registry.
Should your business goals or branding needs evolve, you can change your corporate name after incorporation by filing the necessary documents and paying a fee. Changes to the corporate name must also undergo a NUANS search if selecting a new unique name.