Incorporating (Part 2): The obligations

In Part 1 of this blog series, we discussed what it means to incorporate and the potential benefits of incorporating a business. Incorporating also comes with one-time and recurring legal obligations, some of which require money, time, and attention, such as (a) filing annual income tax returns; (b) filing annual information returns; (c) registering a [...]

Incorporating (Part 1): The benefits

The first thing a business owner who is considering incorporation should know is what a corporation is and why someone might choose to operate a business through this type of entity. What is a corporation? A corporation is a business that has been federally or provincially incorporated. When a business owner incorporates his/her business, he/she [...]

Incorporating: What you need to know (a five-part blog series)

Are you currently operating a business as a sole proprietor or are you thinking about starting a business? Follow our upcoming five-part blog series to get the scoop on incorporating. Learn about the benefits and obligations associated with incorporating, things to consider, how and when to incorporate, and how to prepare for your first meeting [...]