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 Manitoba
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 Manitoba Incorporating a new company in Manitoba, Canada offers many benefits to your company, including: […]
Retaining the Corporate Status of Your Manitoba Corporation
In order to retain the limited liability that your Manitoba corporation offers, you must follow certain corporate formalities involving decision making and the proper record keeping of your Manitoba Corporation records. In short, you’ve got to be organized. Retaining Corporate Status Manitoba Corporations and their owners must observe certain formalities to retain the corporation’s status […]
Incorporating a new Company In Manitoba 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 […]
About Business Name Registration in Manitoba
Manitoba Business Name Registration. A business name does not have a legal existence in its own right. It is simply a name used by one or more persons to represent their business to the public. That means the sole proprietor or partners are personally responsible for the debts and obligations of the business. Registering a […]