The Buzz

BC: Business Names Renewal Consultation

Dear Members,

We are writing to invite the members of CPB Canada – Certified Professional Bookkeepers of Canada, to participate in the Business Names Renewal Consultation on the potential for a required business name registration renewal process with the Corporate Registry.

The Corporate Registry holds information on all corporations, partnerships, and businesses. Initial research suggests that many business names registered with the Corporate Registry belong to non-operational businesses. Currently, there is no process to remove the names of these non-operational business entities from the Corporate Registry.

A renewal process would ensure that the Registry is up-to-date for people and businesses, and there is greater access to names for new businesses in B.C.

You can also invite others in the business community who may want to provide feedback on this potential change.

For more information about the consultation, please find the attached letter from the Deputy Minister of Finance and our consultation website - https://www2.gov.bc.ca/gov/content/employment-business/business/business-names-renewal-consultation.

The deadline for your feedback is May 15, 2022.

Thank you for your participation.

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Finance and Corporate Sector Policy
Policy and Legislation Division
Ministry of Finance
PO Box 9418 Stn Prov Govt
Victoria BC  V8W 9V1