In order to incorporate a federal company in Canada the articles must be accompanied by a Canada Business Search which is sometimes called a Federal Nuans Name Search or Canada Name Search.
The main objective of Industry Canada for incorporating a federal company is to have protection for the name across Canada. In order to accomplish this, the federal government must ensure that any name that is proposed does not conflict with any other name being used by an existing corporation anywhere in Canada.
The federal government scrutinizes any proposed name very carefully. Industry Canada has developed Name Granting Guidelines and there are certain considerations to make when choosing a name. The average person doing a name search for a Canadian federal corporation would not be able to weed out the names that would be a conflict.
Having a search house perform a preliminary name search first will save you time. Industry Canada will not allow any name to be registered which is anywhere close to any name already on file and will even reject names that sound like other registered names. Therefore it is a good idea to have a registered search house do the preliminary name search in advance.
A registered search house has the experience to weed out these types of conflicts. If a preliminary name search is not done on a proposed name for a federal government and the federal government find a conflict, your name will rejected and you will need to order another federal name search. It can go on forever so it is better to try and weed out as many conflicting names as possible.
You can have Industry Canada pre-clear your name for you so that when your articles are filed you will know in advance that the name will be accepted. This report is called a Federal Name Decision. You must give the federal government a federal name search in order for them to consider approving your name in advance. Therefore you must do a preliminary name search before ordering this Canada name search to be sure the name is as clear as possible.
Even with a thorough pre-check of any proposed name the federal government could still reject the name because their policies are strict. However, if you have a search house review the name before you order your full search this will give you a better chance of acceptance.
The main objective of Industry Canada for incorporating a federal company is to have protection for the name across Canada. In order to accomplish this, the federal government must ensure that any name that is proposed does not conflict with any other name being used by an existing corporation anywhere in Canada.
The federal government scrutinizes any proposed name very carefully. Industry Canada has developed Name Granting Guidelines and there are certain considerations to make when choosing a name. The average person doing a name search for a Canadian federal corporation would not be able to weed out the names that would be a conflict.
Having a search house perform a preliminary name search first will save you time. Industry Canada will not allow any name to be registered which is anywhere close to any name already on file and will even reject names that sound like other registered names. Therefore it is a good idea to have a registered search house do the preliminary name search in advance.
A registered search house has the experience to weed out these types of conflicts. If a preliminary name search is not done on a proposed name for a federal government and the federal government find a conflict, your name will rejected and you will need to order another federal name search. It can go on forever so it is better to try and weed out as many conflicting names as possible.
You can have Industry Canada pre-clear your name for you so that when your articles are filed you will know in advance that the name will be accepted. This report is called a Federal Name Decision. You must give the federal government a federal name search in order for them to consider approving your name in advance. Therefore you must do a preliminary name search before ordering this Canada name search to be sure the name is as clear as possible.
Even with a thorough pre-check of any proposed name the federal government could still reject the name because their policies are strict. However, if you have a search house review the name before you order your full search this will give you a better chance of acceptance.
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Resources for Canadian Business Owners provides legal and government information to Canadian businessowners including information about Corporation Name Search
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