Wednesday February 22, 2012

Change to Partnership Regulation and new Registration/Dissolution forms for Proprietorships and Partnerships

 

As per BC Registry Services memo dated Dec 22, 2011:

 

OIC 590/2011, approved and ordered December 1, 2011, amended the Form 2 and Form 3 of the Partnership Regulation.  The amendment struck the words “residential or registered address” and defined the address for a proprietor or a partner to be a residential address only if the partner or proprietor is an individual.

 

In addition to the revisions above, BC Registry Services also took this opportunity to change the Form 2 and Form 3 into two separate forms each for partnerships and proprietorships; as well as adding a Contact section to collect an email address, phone number or fax number.

 

The new forms are called:

·         Statement of Registration Sole Proprietorship;

·         Statement of Registration General Partnership;

·         Dissolution or Change of Proprietorship Registration; and

·         Dissolution or Change of Partnership Registration.

 

As a result of the changes to the Statement of Registration form, the registration information package was also revised to form two new packages - one for registration of a partnership and the other for registration of a proprietorship.

 

Note that any previous copies of the REG721, Dissolution or Change of Partnership or Proprietorship Registration; REG707, Statement of Registration of General Partnership or Sole Proprietorship; and Information on Registration of a Partnership/Proprietorship, are to be thrown out.

 

The new forms and information packages are available from our website:

http://www.bcregistryservices.gov.bc.ca/bcreg/corppg/forms/partprop.page?

http://www.bcregistryservices.gov.bc.ca/bcreg/corppg/crinfopkg.page?#firms