Some of the benefits of incorporating include: ... For example, in Nova Scotia, the company’s income tax rate is only 13.5% on income below $500,000. Guam Articles of Incorporation are filed with the Business License Branch of the Department of Revenue and Taxation in order to legally incorporate your business. The College grants this authorisation provided the physician corporation includes specific rules in its articles of incorporation and internal regulations. Assess the costs and benefits of regulation to inform decisions 4. ACTRA FRATERNAL BENEFIT SOCIETY branch. “When we started at this recreational wasn’t on the horizon,” Gillis says. As a result, the Nova Scotia Companies Act retains features long viewed as anachronistic but that have, especially over the past 10 years, proven most useful. An Act to Incorporate Nova Scotia Association of Health Organizations. If you have decided to incorporate in a specific province or territory instead of incorporating federally, you will need to follow the steps outlined here. Non Profit Rev 11/15 Organizations looking to incorporate should discuss their plans with a lawyer to make sure an application to incorporate is done properly and under the correct legislation. Mailing Address: P.O. This investigation has demonstrated that we can have it both ways. Incorporating a business allows you to be taxed at a lower rate compared to the tax rate for individuals. A Nova Scotia corporation is a statutory creature, created and regulated by provincial law (Nova Scotia Business Corporation Act). Assets of Nova Scotia regulated pension plans will have to be invested in accordance with federal investment regulations, rather than the previous Nova Scotia … Alberta The company’s medical patient advisory board recently met about initiatives in Nova Scotia, including working with researchers and physicians to study the efficacy of using cannabis to treat Alzheimer’s and restless leg syndrome. For example, in Ontario, an incorporated business pays a tax rate of 15% on the first $500,000 of income each year and 26.5% for anything over that. Minimize the impact of regulation on a fair, competitive and innovative market economy Box 1529, Halifax, NS B3J 2Y4. The first official step is to make your organization a legal entity so that you can take advantage of the benefits incorporation offers. THE CHARLES MACDONALD BENEFIT ASSOCIATION Company Number 1557010 Status Defaulted Incorporation Date 14 March 1984 (almost 37 years ago) Company Type Society Jurisdiction Nova Scotia (Canada) Registered Address. Toll-Free within Nova Scotia: 1-800-225-8227. Incorporating creates a new and separate legal entity for your business, shielding your personal assets and providing a more formal business structure. THE BANK OF NOVA SCOTIA (Exact name of Registrant as specified in its charter) CANADA (Province or other jurisdiction of incorporation or organization) 6029 (Primary Standard Industrial Classification Code Number (if applicable)) Not Applicable (I.R.S. You can invest and grow the money you leave in your company by investing these 86.5 cent after-tax dollars. Each provincial incorporation is a stand-alone process. Early Resolution at the Nova Scotia Barristers’ Society, Robyn used her strong organizational and prioritization skills to manage a heavy and complex workload effectively. Nova Scotia is home to a 95-ton rocking stone that can easily be moved with minimal force. This seminar will introduce the topic of incorporation and help you consider if incorporating is right for you. If Nova Scotia is chosen, then all of its shares must be transferred to a newly formed ULC. In short, if you want the “privilege”—that’s what the courts call it—of turning your business enterprise into a corporation, you must follow the requirements of the Nova Scotia Business Corporation Act. The amendments will eliminate the annual registration … Review and update NSOI website to incorporate relevant content for francophone immigrants Develop success stories and testimonials on francophone immigration including stories related to businesses who have hired French- speaking immigrants and francophones who have settled in Nova Scotia Promote Nova Scotia and employment opportunities through targeted advertising and social media campaigns … That’s it for our article! 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