A corporation in Nunavut is a legal “person,” which can be created under provincial business corporation act. As a person, a corporation has certain rights and obligations such as the right to do business and the obligation to pay taxes. Sometimes one hears of a law referring to “natural persons.”That is to differentiate them from […]
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Starting Your Business in Nunavut Checklist
Where do I start? tasks to be undertaken resources Evaluate your idea Is your idea feasible? Can you make money from this venture? Market Research Test the viability of your idea by researching the market, industry, and competition Develop A Business Strategy This is an essential step and critical for the planning and success of […]
How To Register a Corporation in Nunavut
By ecompanies on January 5, 2019 in Doing Business in Nunavut, Nunavut Corporate Registry, Nunavut IncorporationNunavut Corporations
A Nunavut corporation is a statutory creature, created and regulated by provincial law (Nunavut Business Corporation Act). In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Nunavut Business Corporation Act. What sets the corporation apart, in a theoretical […]