Insights

This article will outline the different advantages and drawbacks that come with incorporating a federal or provincial corporation in order to help corporations choose where they should incorporate their businesses.

In this article, we will be outlining the three main benefits of incorporating a business versus opening a sole proprietorship or partnership that are often times overlooked by entrepreneurs.

Partnership agreements are most valuable when certain problematic situations arise in a business. By signing a partnership agreement at the start of the partnership, the partners will establish a set of rules and guidelines to handle these situations and to avoid the additional headache associated therewith.

Hiring an independent contractor versus an employee can have a large fiscal impact on a business. In fact, many businesses will commonly shy away from forming an employer-employee relationship with their workers in order to benefit from the advantages of having a worker characterized as an independent contractor.

Expanding an already-established extra-provincial, foreign or US business into Quebec is a straight-forward and simple task which involves registering the business at the Quebec Enterprise Registry.

The legal clean-up can consist of hundreds of elements, but there are some across the board that we see with all of our clients that are in this situation: Articles of Incorporation, Minute Book, Contracts.

This arrangement benefits both the consignor (the owner of the goods) and the consignee (the seller), allowing for flexible inventory management and reduced financial risk.

This arrangement benefits both the consignor (the owner of the goods) and the consignee (the seller), allowing for flexible inventory management and reduced financial risk.