What is the impact of TILMA on limited partnerships and limited liability partnerships?
The staff at BC Registry Services will facilitate extraprovincial registration in Alberta of both types of partnerships. To make the registration process easy, the Name Requests Online system will ask clients wanting to register limited partnerships and limited liability partnerships in British Columbia, whether they want to do business in Alberta. If you answer “yes”, you will directed to the BC Registry Services Web site and asked to complete forms for registration in British Columbia and in Alberta. Both forms will be submitted to BC Registry Services. The registry will file the form to register the entity in British Columbia and send the other form to Alberta for extraprovincial registration. There is no requirement by Alberta for a registry search (NUANS) to be conducted for limited partnerships or limited liability partnerships. Extraprovincial registration filing fees have also been eliminated in both provinces. In addition, filing of annual reports is no longer required. Both p