To register as a Nunavut Business, a business must comply with the legal requirements to carry on business in Nunavut, and meet the following criteria:
Nunavut Business - a business which complies with the legal requirements to carry on business in Nunavut, and on a biennial basis demonstrates that it meets the following criteria:
(a) is a for profit limited company with 100% percent of the company's shares beneficially owned by one or more Nunavut Residents and or one or more Nunavut Businesses which complies with the legal requirements to carry on business in Nunavut;
(b) is a co-operative controlled by Nunavut Residents and or businesses which complies with the legal requirements to carry on business in Nunavut;
(c) is a sole proprietorship, the proprietor of which is a Nunavut Resident; or
(d) is a partnership of which all partners are Nunavut Residents and/or Nunavut Businesses which complies with the legal requirements to carry on business in Nunavut.
And the following (i) through (v) applies to the above (a) through (d):
(i) maintains a registered office in Nunavut by leasing or owning office, commercial or industrial space or in the case of service oriented businesses, residential space, in Nunavut on an annual basis for the primary purpose of operating the subject business;
(ii) maintains a resident manager that resides in Nunavut and has final decision-making authority over the day-to-day operations for the subject business in Nunavut;
(iii) conducts the majority of its operations in Nunavut, including its management and administrative functions;
(iv) has been registered on the NNI Nunavut Business registry prior to the closing of a Procurement Process; and
(v) where applicable, is in a position to furnish goods as are listed on its Nunavut Business registration application and is subject to inspection by the responsible department.