Now that you have decided to start your own business in Nunavut, you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are four main types of […]
Tag Archives | Nunavut Sole proprietorship registration
Nunavut Incorporation FAQ: Should I Incorporate?
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 […]
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 Business Name in Nunavut
When to register a business name in Nunavut You must register a business name in Nunavut if: it’s different than the registrant’s own full name if the registrant is an individual your business is a corporation operating under a name other than its corporate name your business is a partnership carrying on business under a […]