Business Start-Up
Getting started? Protect your personal assets by incorporating your business. The Company Corporation’s fast, online services and friendly staff simplify the often complex process of business formation.
Sole Proprietorship
With this type of business organization, you would be fully responsible for all debts and obligations related to your business and all profits would be yours alone to keep. As a sole owner of the business, a creditor can make a claim against your personal or business assets to pay off any debt.
Corporations
A corporation can be done at the federal or provincial/territorial level. When you incorporate your business, it is considered to be a legal entity that is separate from the shareholders. As a shareholder of a corporation, you will not be personally liable for the debts, obligations or acts of the corporation. When making such decisions, it is always wise to seek legal advice before incorporating.
Partnerships
A partnership is a beneficial business structure when you want to collaborate with a partner without incorporating the business. By pooling financial resources, you can create specific agreements to protect both parties in case of disagreements or dissolution. As partners, you’ll share profits based on the terms of your agreement.
Ready to get started?
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