What is a NUANS (Name Search) report and who needs one?
To register a new business successfully, start by refining your business idea and creating a solid plan. Determine your preferred business structure and conduct a thorough search to ensure your chosen business name is available, utilizing resources like a NUANS report in Canada. Once you've confirmed name availability, proceed with the official registration process, which involves submitting required forms and fees to your local government.
In Canada, it's crucial for business names to stand out as unique to prevent any confusion among the public. Registering a business in Canada necessitates obtaining a NUANS report, which is a mandatory requirement. Even for sole proprietorships or partnerships, while not mandatory, it is highly recommended to secure a NUANS report Canada. This report allows you to temporarily reserve your chosen business name, ensuring that no one else registers a business under the same name during this period. It's important to note that the NUANS report is valid for 90 days, and you must complete the incorporation process within that timeframe. Once the report expires, the purchase of a new report will be necessary. Sample of NUANS Report
The Nuans Name Search system employs a thorough approach to search and compare names and trademarks, utilizing techniques like phonetics, word length analysis, synonymous terms exploration, and examination of various name formulations. This robust process gives you peace of mind when it comes to choosing your new business name, allowing you to proactively avoid potential conflicts and legal issues.
How does a NUANS report appear?
When do you need a NUANS Report?
A NUANS report is a vital prerequisite, serving as one of the essential documents needed for federal and provincial business incorporations across regions like Alberta, Ontario, New Brunswick, and more. In general, a Nuans Name Search Canada becomes imperative in several scenarios, including:
- Establishing a new corporation, non-profit organization, or society.
- Modifying the name of an existing corporation or registering as an extra-provincial entity.
- Restoring a previously struck or dissolved corporation.
- Business registration or revival of a named extra-provincial corporation.
- The amalgamation of two or more corporations with the selection of a new name.
The following situations do not require a NUANS report:
When the proposed name is a ’number name’ for a Corporation or extra-provincial corporation. When the proposed name is for a an Extra-provincial registration of a Federal (Canada) corporation.
How long is a NUANS report valid?
A name proposed on a NUANS report is reserved for 90 days. If you wish to register a business it is important that you have the incorporation completed within the 90 days If the NUANS Search expires, you will need to purchase a new report for that name.
What is a Corporate search report?
A NUANS Search Report is a Business/Corporate Name Search Report, which is a mandatory requirement and a crucial supporting document for Business Registration Federally and Provincially. This includes Provinces such as Alberta, Ontario, New Brunswick, PEI, Nova Scotia.
How to name your corporation?
A corporation name can include letters and numbers. It can also include certain common symbols which can be typed from a standard keyboard.
Requirements of a name
Your corporations name must:Distinctive Element
corporation name must contain a distinctive or unique word or term that can be used to differentiate it form other corporations, in particular of same business activities.
A name lacks distinctiveness when it only describes the products or services offered by the corporation. For example, “Shoe Shop Inc.” lack distinctiveness. However, if you make it "Janice Shoe Shop Inc.", then it is an example of a name with distinctive element.
Words or terms that merely describe the quality of goods and services are generally not considered distinctive elements. For example, “Good Motors Inc.” and “Mechanical Works Inc.” would probably not be accepted. Geographic names may be used in corporate names, but only with the addition of a distinctive element. For example, “Toronto Bakery Inc.” would most likely be acceptable, because it has a level of distinctiveness. However, geographic names are not distinctive on their own. For example, “Vancouver Inc.” is unacceptable, because “Vancouver” is not distinctive.
Names of people may be included in corporate names, but only with the addition of a descriptive element. For example, “John David Renovations Inc.” would likely be accepted, because the combination of the terms “John David” and “Renovation” creates a level of distinctiveness. However, names of people are not distinctive on their own. “John David Inc.” is not distinctive enough. Only personal names of someone associated with the business can be used. That is, your business cannot be named “Norton accounting services Inc.” if Norton is not your first name or family name.
Descriptive Element
The descriptive word or phrase are words that describe the type of business or activity the corporation will be doing. Descriptive words are necessary for British Columbia, Saskatchewan and Federal incorporations. While Alberta and Ontario are not vary particular about descriptive word in your name, they are technically required. Some examples of descriptive words are: construction, gardening, investments, holdings, group, accounting services, innovations, holdings, developments, entertainment, software, productions, plumbing, etc.