Whether you are finally realizing your dream to start your own business, or you are looking to expand your business, we can help you. We have all the information you need about:
incorporating your business;
sole proprietorship vs. incorporating;
best corporate structure for tax planning;
minute books; and
buying / selling your business
All our fees are listed HERE.
Here are answers to some of our most frequently asked questions about Corporate Law:
QUESTION: WHAT ARE THE BENEFITS OF INCORPORATING?
There are many benefits to incorporating, such as:
- limited liability
- tax savings
- income splitting
- greater credibility
QUESTION: WHAT IS THE DIFFERENCE BETWEEN A NAMED AND A NUMBERED COMPANY?
Both named and numbered companies are legitimate companies. When you incorporate a named company, you are reserving the name of your company for your use, and you can demand others who use your name to cease and desist.
QUESTION: WHY DO I NEED A SHAREHOLDERS AGREEMENT?
A shareholders agreement outlines all the rights and responsibilities of the shareholders of the company, such as transferring shares, forcing the sale of shares, unanimous consent and how to treat shares if a shareholder dies
QUESTION: WHAT IS A PARTNERSHIP?
Partnerships are non-incorporated businesses created between two or more people. The profits are shared between the partners and all the liability is shared between the partners jointly, and there is no legal difference between the partners and their business.