An important decision that needs to be made at the outset is the choice of legal structure for your business. There are numerous factors that will need to be considered to make the correct decision for your particular business. The most important consideration is that the corporate form will limit your liability for business debts […]
Creating and operating a business corporation in British Columbia
Is incorporation right for you? Whether you should operate your business as a corporation, partnership, sole proprietorship or co-operative depends on your particular situation and your particular needs. Benefits of incorporating a new company in British Columbia Incorporating a new company in British Columbia, Canada offers many benefits to your company, including: creation of a […]
Retaining the Corporate Status of Your British Columbia Corporation
In order to retain the limited liability that your British Columbia corporation offers, you must follow certain corporate formalities involving decision making and the proper record keeping of your British Columbia Corporation records. In short, you’ve got to be organized. Retaining Corporate Status British Columbia Corporations and their owners must observe certain formalities to retain […]
Incorporating a new Company In British Columbia Checklist
If you are thinking of incorporating a new business in British Columbia, the following checklist may help you. Please note that not all steps will be necessary for every corporation, and there may be some steps that are necessary for your corporation that are not included. Decide to Incorporate File Articles of Incorporation Adopt Corporate […]
Incorporating a British Columbia Limited Company
There are different ways to form a business in B.C., each with its own advantages and disadvantages. Companies can officially incorporate, or they can register as a sole proprietorship or a partnership. The decision to incorporate depends on the specific needs of the persons involved and the goals of the company. Companies are incorporated in […]