In Ontario, there are two types of corporations: a business a not-for-profit Business Corporations A corporation is its own legal entity (i.e. a pretend person), unlike a sole proprietorship or a partnership. The corporation owns the assets and has the liabilities, not the shareholders (or the directors). A corporation may own property in its own […]
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Incorporating a new Company In Ontario 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 […]
