Speak With a Lawyer to Buy a Business Today
Are you looking to purchase an existing business? We help Canadian buyers of businesses across all industries, from the initial Letter of Intent (LOI) stage, to the purchase agreement, throughout due diligence and doc review, and to the closing date of the transaction. We reduce the risks of purchasing existing businesses by minimizing liability as well as tax exposure through robust indemnities and clearance certificates.
- Letter of Intent
- Share Purchase Agreement/Asset Purchase Agreement
- Legal due diligence & financial due diligence
- Assignment of lease agreement
- Satisfaction of all other conditions
- Coordinate financing
- Ensure completion of s167 ETA Election (GST44) to neutralize HST on the purchase
- Ensure tax and WSIB clearance certificates obtained
- Ensure minimization of employee liability exposure
- Preparation of all closing documents
- Registration of trade-name after closing
- Incorporation of new corporation to house purchase assets
- Business advisory during and after the sale re tax filings, elections, and obligations moving forward