Incorporate Your Business
Incorporating has never been easier and more affordable
Incorporating offers the benefit of limited liability. Generally, this means that you will not be held personally responsible for the debts of the corporation in the event of a lawsuit or bankruptcy. While you may lose your initial investment, your personal assets are protected. There are also tax benefits offered from incorporating as corporations have a lower rate of income tax and can bring forward losses from previous years to offset present year profits.
The simple answer to this question is…..it depends. The decision on how to structure your business will depend largely on your current needs and future goals. Every situation is different, and that’s why it makes sense to sit down and discuss your options with a lawyer.
We also help clients set up their corporations to be eligible to apply for B-Corp certification.
Tell us what you or your company require assistance with. Our legal team will be in touch shortly.
Toronto Office: 150 King Street West Suite 233, Toronto, Ontario, M5H 1J9
Mississauga Office: 4308 Village Centre Ct, Mississauga, ON L4Z 1S2