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YOU CAN DO IT.

Learn the tips and tricks of incorporating a new company in Canada

Incorporating your first business may feel overwhelming.  But, with our process the hardest part is choosing a name.  Our experienced advisors will guide you on the best corporate structure and ensure all the relevant forms and filings are completed.

Too often business owners take the advice of a friend and go online to incorporate. Be aware online registries do not give advice. Decisions have to be made as to how to distribute the shares to the shareholders, the importance of keeping a minute book, how to choose your year-end, or the ongoing obligations of a corporation.

Most likely you will be the majority shareholder or only shareholder in the corporation as well as one of the employees. Getting proper advice from a professional may cost a little upfront, however, can save you a lot of money when you have a successful, profitable corporation.

 The hardesT part is choosing a name.

 The hardesT part is choosing a name.

Incorporating your first business may feel overwhelming.  But, with our process the hardest part is choosing a name.  Our experienced advisors will guide you on the best corporate structure and ensure all the relevant forms and filings are completed.

Too often business owners take the advice of a friend and go online to incorporate. Be aware online registries do not give advice. Decisions have to be made as to how to distribute the shares to the shareholders, the importance of keeping a minute book, how to choose your year-end, or the ongoing obligations of a corporation.

Most likely you will be the majority shareholder or only shareholder in the corporation as well as one of the employees. Getting proper advice from a professional may cost a little upfront, however, can save you a lot of money when you have a successful, profitable corporation.

LET US help YOU Get it Right.

It is always more expensive to fix a poorly structured incorporation than it is to get it right the first time.

Top 5 Incorporation Mistakes

  1. Improperly structuring your corporation. Accepting the default share structure could lose you a lot of tax strategies that would be available to a properly structure company.
  2.  Incorporating Federally which is cheaper in the short term but more expensive in the long term.
  3. Including your spouse as a director when it is not necessary, and could create a fiduciary responsibility and unnecessary risk for your spou ase.
  4. Failing to prepare your initial minutes and corporate minute book.  You are required by law to own and maintain a minute book with record of all transactions that have transpired in your corporation.
  5. Taking a shortcut and opting for a numbered company, when it only takes a few minutes to reserve a name.

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