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.
Your name will be looked over by the federal government very carefully. The government has a policy called Name Granting Guidelines which has a complete breakdown of how Industry Canada picks a name. Unless you have training you would not be able to weed out the names on a search that would be a problem for getting your name accepted.
You will save yourself trouble and time if you have a search house do a preliminary name search first. It is a good idea to have a search house perform this kind of search because when submitting a name to Industry Canada they will not allow you to register the name if it is remotely close to another name already registered and even names that sound the same will be a conflict.
An experienced search house that has been registered will be able to find many of the conflicts. Ordering a federal name search without doing a preliminary name search in advance will mean that if your proposed name is not accepted by Industry Canada you will be required to provide a new federal nuans report for another possible name. This can become expensive since this could happen many times when trying to get a name approved.
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.
Frankly there really is no guarantee with the Canadian federal government when it comes to names but experience can help make the process go much more quickly and reduce the likelihood of a rejection to a small percentage.
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.
Your name will be looked over by the federal government very carefully. The government has a policy called Name Granting Guidelines which has a complete breakdown of how Industry Canada picks a name. Unless you have training you would not be able to weed out the names on a search that would be a problem for getting your name accepted.
You will save yourself trouble and time if you have a search house do a preliminary name search first. It is a good idea to have a search house perform this kind of search because when submitting a name to Industry Canada they will not allow you to register the name if it is remotely close to another name already registered and even names that sound the same will be a conflict.
An experienced search house that has been registered will be able to find many of the conflicts. Ordering a federal name search without doing a preliminary name search in advance will mean that if your proposed name is not accepted by Industry Canada you will be required to provide a new federal nuans report for another possible name. This can become expensive since this could happen many times when trying to get a name approved.
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.
Frankly there really is no guarantee with the Canadian federal government when it comes to names but experience can help make the process go much more quickly and reduce the likelihood of a rejection to a small percentage.
About the Author:
Resources for Canadian Business Owners provides legal and government information to Canadian businessowners including information about Corporation Name Search
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