Calgary Incorporation

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Significant Aspects

Business Incorporation

Base Costs

Benefits of Incorporation

Incorporating Correctly

Single Shareholder

Multiple Shareholders

Shareholders Agreement

Officers / Directors

Foreign Companies

Corporate Amendments

Corporate Amalgamation

Annual Upkeep

Registered Office

Start-Up Package


There are numerous reasons for incorporating your business, nevertheless, before we look at what some of those reasons are, we should address some of the fundamental realities of incorporation. Incorporation is but a singular facet of your business' legal configuration. It cannot be viewed in a vaccuum, where a certain expectation linked to incorporation will invariably be the result in every situation. As with everything else, the benefits of incorporation are impacted by a multiplicity of external forces, which often negate the benefits associated with incorporation. As such, an anticipated benefit can be negated (often without your knowledge) by other actions and laws, such that the benefits you have read about or been advised upon may not be available to yourself. Unfortuantely, this is the reality of corporate law, and the rationale for your understanding the broader realities of the law.

Two of the primary impediments to your realizing the anticipated benefits of incorporation are the law and subsequent contractual arrangements that you enter into. Statutory law puts clear clear legal constraints on the corporation, as is evident in the Business Corporations Act (Alberta), in addition to the common law (i.e., via the principles of fraud and negligence). Meanwhile, subsequent contractual arrangements that you enter into can negate or seriously reduce the strategic benefits associated with incorporation, whether its through the requirement of personal guarantees or indemnifiers, the specific relinquishment of legal protections, or such other contractual alterations.

Nevertheless, there are potential benefits associated with incorporation, which can be extremely lucrative if properly integrated into a thriving business, including eliminating or minimizing personal liability, prospective tax advantages (i.e., tax rates and tax deferral), business perception, partnering with shareholders, structuring for investment opportunities, structuring for control, business succession planning, among others. The key, however, is that you work with skilled professionals (lawyers and accountants) such that you understand the applicability of those legal benefits, their limitations and situations that will negate or seriously reduce those benefits.

As such, when your business seeks the professional services of experienced legal counsel, whether when incorporating a new Alberta company or dealing with its ongoing corporate development, your business can look to the Calgary, Alberta law firm of Neufeld Legal P.C. Contact us at 403-400-4092 or via email

Alberta Business Corporations Act - important elements
Effect of certificate of incorporation
9(1) A corporation comes into existence on the date shown in the certificate of incorporation.
(2) A certificate of incorporation is conclusive proof for the purposes of this Act and for all other purposes
(a) that the provisions of this Act in respect of incorporation and all requirements precedent and incidental to incorporation have been complied with, and
(b) that the corporation has been incorporated under this Act as of the date shown in the certificate of incorporation.
Corporate name
10(1) Subject to section 15.4(1), the word “Limited”, “Limitée”, “Incorporated”, “Incorporée” or “Corporation” or the abbreviation “Ltd.”, “Ltée”, “Inc.” or “Corp.” shall be the last word of the name of every corporation, and a corporation may use and may be legally designated by either the full or the abbreviated form.
* For the full statute, please click on this link. Nothing should be read in the abstract and specific legal advice is always recommended.

Please be advised that incorporating one's business can be an effective legal structure, nevertheless there are significant demands and responsibilites associated with an incorporated company, with taxes, creditors and third-party liability being high on the list, and should not be underestimated (in addition to the limitations of limited liability, in particular as it relates to signing contracts, especially when this includes guarantees or indemnifications). For more information about our business law practice and to review our professional standards of legal practice, disclaimer and privacy policy, visit the main website of Neufeld Legal P.C. (144 4th Avenue SW, Suite 1600, Calgary, Alberta) at For a more extensive analysis of legal matters pertaining to incorporations, visit our primary website on the topic - Disclaimer. Privacy. Cookies.© 2016.