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1. #Canada revenue agency change of name how to#
2. #Canada revenue agency change of name registration#
3. #Canada revenue agency change of name verification#
4. #Canada revenue agency change of name professional#

Anyone may search business name information contained on the Public Record for a fee to find the owners or principals behind a business name.

#Canada revenue agency change of name verification#

For more information on being considered a non-profit organization under the Income Tax Act, see the CRA's website.Registering your business name in Ontarioīusiness names are registered with the Central Production and Verification Services Branch ( CPVSB) of the Ministry of Government and Consumer Services ( MGCS) and are placed on the Public Record maintained by CPVSB for public disclosure. Incorporation under the NFP Act does not automatically mean that the corporation will be exempt from tax under the Income Tax Act. Not-for-profit corporations and non-profit organizations

#Canada revenue agency change of name registration#

You should also know that if you need to change the purpose statement after incorporation to qualify for registration as a charity, changes to approved articles of incorporation could only be made through an amendment ― a separate fee-based service. It is important that this statement meet the CRA requirements to qualify for registration as a charity. If your corporation intends to become a registered charity, read CRA's Apply to become a registered charity before preparing your incorporating documents, particularly as it relates to the purposes of the corporation statement. The act of incorporating as a not-for-profit corporation under the NFP Act does not mean that the corporation will automatically be tax-exempt or considered as a registered charity for the purposes of the Income Tax Act.

#Canada revenue agency change of name how to#

Consult How to draft purposes for charitable registration to know more. To be able to issue official donation receipts and to be exempt from taxation, the Income Tax Act requires that corporations created and operated exclusively for charitable purposes register with the Canada Revenue Agency (CRA) as charities. Registering as a charity under the Income Tax Act However, the NFP Act requires that they be filed within 12 months after the members have confirmed them. This process can be simplified by referring to the Model by-laws – Not-for-profit corporations, which have been written to apply to a typical not-for-profit corporation.Ĭorporations Canada has also developed an online interactive tool called a By-law builder: not-for-profit corporations that allows you to generate the by-laws you want by choosing provisions that meet the specific needs of your corporation from a number of available options.īy-laws do not have to be filed with the application to obtain a certificate of incorporation. By-lawsĪt the first organizational meeting, the directors can make by-laws. You will be required to file certain documents with Corporations Canada (see Your reporting obligations under the Canada Not-for-profit Corporations Act). Next steps following incorporation provides information on what needs to be done after a corporation has been created and on how to operate a not-for-profit corporation under the NFP Act. Once the corporation has been created, a number of other items must be considered. What to do after the corporation has been created It is the corporation's responsibility to comply with provincial laws respecting professions.

#Canada revenue agency change of name professional#

Incorporation of a professional association (that is, a corporation whose proposed name or purposes suggest that it considers itself to be an association of professionals) does not provide that corporation with the authority to practice, or to regulate the practice of, the profession.