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Home / Business Services / Alberta Trade Names and Partnerships
A name under which a business operates is called its trade name. A sole proprietorship, a partnership or a corporation can do business under a trade name. You can register a trade name, and although this does not provide the right of ownership to that trade name, it does provide proof that you have done business under that trade name from a certain date.
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At Registrations Are Us, we can guide you through the process of incorporating your business, ensuring your documents are complete, and all information is entered into the system. Start the process today.
Incorporating a Business in Alberta
One piece of acceptable personal identification
Completed trade name or partnership form (select your form below)
Trade Name/Sole Proprietorship
Application Form
Address change form
Cancellation form
Partnership Forms
Special authority to execute a declaration
Amendment/change
Cancellation
If you have any questions about registering a trade name or partnership in Alberta, we can help. Our knowledgeable and experienced team can answer your questions about any of our corporate registry services.
Need more information? Contact us at : 780-448-2233
Any business or individual intending to operate under a name other than their legal name must register a trade name in Alberta. This includes sole proprietors, partnerships, and corporations. It’s a legal requirement to prevent confusion among consumers and maintain transparency in business operations.
Registering a partnership in Alberta involves submitting a Partnership Declaration to the Alberta Corporate Registry. This declaration includes details about the partners, the business’s name, and other relevant information. Partnerships do not have separate legal entities from their partners, so registration ensures clarity and legal recognition.
A sole proprietorship is the simplest of all business organizations. When a person decides to operate a business without any formal business structure in place, that person operates a sole proprietorship. Quite simply, an individual with goods and services to offer conducts business either under their own name or under another name.
Unlike a registered corporation, a sole proprietorship is not a distinct entity apart from the individual. The sole proprietor owns all the assets of the proprietorship. Income from the business forms part of the personal income of the sole proprietor and is taxed accordingly.
Therefore, an important reality of operating a sole proprietorship is that the owner has unlimited liability for the debts and liabilities of the business. When the sole proprietor dies or retires, the sole proprietorship ends.
In a partnership, two or more persons own and operate the business. These partners own all the business assets, share the profits and are jointly and separately liable for the partnership debts and liabilities. A debt of the partnership can be collected from any one of the partners or any combination of the partners. Fundamentally, each partner acts on behalf of the partnership and on behalf of the other partners.
A partnership is a contractual agreement that can be dissolved upon expiration of the partnership agreement or sooner by agreement of the partners.
A limited partnership differs from a general partnership in that in a general partnership; all partners share equally in the responsibility and liability of the company. In a limited partnership, there can be some general partners with unlimited liability but also limited partners who will not be liable for the obligations of the limited partnership except to the extent of the capital to which they have contributed.
