Nuans Report
NUANS report which stands for Newly Upgraded Automated Name Search Reservation Report is a document produced in Canada in order to date the uniqueness of a proposed corporate or business name. It checks existing corporate names, business names, and trademarks to see if the name you want is available or if there are potential conflicts. It helps to establish that new names are not only unique but also do not infringe upon other names already being used by existing businesses or organizations. The Nuans report is also a requirement for many corporate transactions, such as incorporation or amalgamation as well as for changes of name in multiple Canadian jurisdictions.
Name Approval
Federal business name approval in Canada is required when you want to incorporate the corporation under Federal level. A critical step is obtaining a NUANS report, which compares the proposed name against existing businesses and trademarks to identify conflicts and request for name approval. Corporations Canada reviews the proposed name for compliance, including distinctiveness and legality of name. Once approved, the name is reserved for federal incorporation and name changes or any other purpose as required.
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