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A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. [1] The term for this type of alternative name is fictitious business name. [1] Registering the fictitious name with a relevant government body is often required.
Business entities according to the "Ley General de Sociedades Mercantiles" (General Law of Business entities) Persona Física; S.A. (Sociedad Anónima): ≈ plc (UK) S. de R.L.(Sociedad de Responsabilidad Limitada): ≈ Ltd. (UK) Associates name and "y compañía" or Associates name and "y sucesores"(Sociedad en Nombre Colectivo): ≈ general ...
This is very likely where the country (such as Canada) does not recognize LLCs as an authorized form of business entity in that country. The principals of LLCs use many different titles—e.g., member, manager, managing member, managing director, chief executive officer, president, and partner.
Foreign corporations often incorporate branches or special-purpose subsidiaries within Canada in order to facilitate business and control their investments. [11] Business profits earned in Canada by such a branch will be subject to regular federal and provincial corporate Income Taxes. An additional Federal Branch Tax is also applied on profits ...
Some corporations choose not to have a descriptive element. In the name "Tiger Computers, Inc.", the word "Tiger" is the distinctive element; the word "Computers" is the descriptive element; and the "Inc." is the legal ending. The legal ending indicates that it is in fact a legal corporation and not just a business registration or partnership.
In Canada, a person wishing to register a limited company must file Articles of Incorporation with either their provincial government or the federal government. At the time of incorporation, a company must elect to use "Limited" (Ltd.), "Incorporated" (Inc.) or "Corporation" (Corp.) as part of their name. [2]
Governments will not allow another corporation or any other kind of legal entity to register a name that is too similar to the name of an existing corporation. [35] However, since "different states may register entities with the same names, a corporate name is a unique identifier only when combined with the name of the state of incorporation". [35]
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [70] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...