Named vs. Numbered Corporations
Even though using a numbered corporation is
advantageous since it avoids the delays and expense involved in searching and reserving a
corporate name, it is not suited to everyone's needs. In particular, a numbered corporation
is not informative in that it does not describe the business in any way. This is one of the
major considerations that people take into account when they decide on a corporate name.
Moreover, having a numbered corporation may lessen the prestige and credibility associated
with your business.
If you decide to incorporate a named corporation
using CorporationCentre.ca, then CorporationCentre.ca will obtain on your behalf the appropriate
"name search" report that must be included with the Articles of Incorporation.