Incorporations
Our firm routinely assists clients in advising on the advantages and disadvantages of incorporating their business. Incorporating a company involves initial upfront expenses in the form of legal fees, filing fees and accounting fees as well as ongoing expenses necessary to upkeep the corporate minute book. However, an incorporation has the benefit of limiting liability for the shareholders and in some cases may minimize tax owing.
Business Entities
There are numerous other business entitles all of which may be appropriate considering the circumstances, such as: partnerships; limited partnerships and joint ventures. We can assist you in determining what is the best structure for you and all the steps necessary to implement it.
Purchase and Sale of a Business
Purchasing or selling a business is often one of the most significant decisions in a person’s life, or for large businesses, it may be a common occurrence. In either case, we provide advice on share purchase/sale agreements and asset purchase/sale agreements. In most cases, whether a transaction is by way of a share purchase or an asset purchase can have far-reaching implications from a liability and tax perspective.