Purchasing a business? Consider a holdback Purchasers face the issue of asymmetric information when buying a business. Extensive due diligence will help fill in the gaps in knowledge and minimize
Tax Laws & Partnerships: How You Structure Your Business Matters Are you in a partnership and wondering whether the obligation to pay taxes falls on the individual, i.e. the partner,
Can Director’s be Held Personally Liable for a Corporation’s Actions? The directors of a corporation are elected by the corporation’s shareholders and are required to manage or supervise the management
Shareholders Agreement and Family Law Interplay Between Family Law Act and Shares in a Private Corporation Many shareholders are concerned that matrimonial conflict may destabilize the shareholdings of a corporation.
What Rights Do I have as a Shareholder? Are you aggrieved by the manner in which a corporation of which you are a shareholder conducts the business and affairs of
Quick Guide to Basic Shareholders’ Rights Federal vs Provincial Incorporation In Canada, one can incorporate under either federal or provincial law. For the purposes of this guide, reference is made
Purchasing a Business – The Lease Many purchasers looking to buy an existing business are aware that it is important to include in the agreement of purchase and sale that
Salary vs. Dividends? Which is the best way to receive compensation as the owner of a corporation in Canada? You are the owner of a small business corporation in Canada
Shareholder Loans, Benefits, and Their Risks Incorporation isn’t all upside when it comes to taxes. As with most areas of Canadian law, corporations and their shareholders function as separate persons
The Agreement of Purchase and Sale – Fundamentals that Every Buyer and Seller Should Know The purchase and sale of a business is a complex transaction requiring legal counsel to
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