An unincorporated business in Alberta refers to a business structure where the business is not legally separated from its owner or owners. In this structure, the business and the owner(s) are considered a single entity for legal, financial, and tax purposes. Unincorporated businesses in Alberta can take various forms, including sole proprietorships, trade names and partnerships.
In Alberta, a trade name is a name used by a business or individual to conduct business that may be different from the legal name of the business or individual. Learn more.
Register a General PartnershipIn a general partnership, all partners share equal responsibility and liability for the business's debts and obligations. Learn more.
Register a limited Partnership (LP)In a limited partnership, there are both general partners and limited partners. General partners have full liability for the business's obligations, while limited partners have limited liability, provided they do not participate in the management of the business. Learn more.
Register a limited Liability Partnership (LLP)A Limited Liability Partnership is a type of business structure available in Alberta that combines the flexibility of a partnership with limited liability protection for its partners. Learn more.