Ontario Business and Corporation Name SearchUnderstanding different entity formations/organizations in Ontario
A different report is required depending on whether you are looking for the
legal name of a corporation vs. a sole proprietorship/partnership/business name.
CorporationA corporation is a “person” created by law that is capable of indefinite life and is separate from its shareholders or members. It owns property in its own name, acquires rights, obligations and liabilities, enters into contracts and agreements, and has the capacity to sue or be sued, as would a natural person. Sole ProprietorshipA sole proprietorship refers to an individual who operates a business, and is generally the simplest way to set up business. PartnershipA partnership refers to an agreement in which two or more persons combine resources to carry on business with a view to making a profit. A partnership may be a general partnership, a limited partnership or a limited liability partnership. Business or Style Name for a CorporationWhen a corporation carries on business under a name other than its legal corporate name, it must register the trade or business name under the Business Names Act. |
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