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Types of Corporations in Ontario

By on April 2, 2019 in Doing Business in Ontario

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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