When starting a new business in Saskatchewan, it’s essential to select the business structure that best supports your goals. Business structures are chosen for the most part to comply with tax law, which treats each type of structure differently. There are three types of legal structures for a business: Sole proprietorship, partnership (which is a […]
Tag Archives | Saskatchewan Corporations
Administrative requirements of Saskatchewan Corporations
Your Saskatchewan corporation must file certain documents with the Saskatchewan Corporate Registries Office, including: articles of incorporation annual returns notices of any changes in the board of directors notices of any changes in the address of the registered office articles of amendment if changes to the structure of the corporation are made. Your Saskatchewan Corporation […]
Saskatchewan Corporations 101
Most people have heard that registering a new Saskatchewan corporation provides “limited liability” — that is, it limits your personal liability for business debts. What you may not know is that there’s more to creating and running a corporation than filing a few papers. You’ll need to keep good records to handle the more complicated […]
Saskatchewan Incorporation FAQ: Should I Incorporate?
A corporation in Saskatchewan 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 Saskatchewan 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 Saskatchewan
By ecompanies on January 5, 2019 in Doing Business in Saskatchewan, Saskatchewan Corporate Registry, Saskatchewan Corporations, Saskatchewan Incorporation
A Saskatchewan corporation is a statutory creature, created and regulated by provincial law (Saskatchewan 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 Saskatchewan Business Corporation Act. What sets the corporation apart, in a theoretical […]