Get on the path to results today.
Get on the path to results today.
Our corporate practice group provides efficient and cost-effective advice and assistance to our clients including companies, sole proprietorships, professionals, financial institutions and various organizations in a number of areas.
Too often business owners forgo the formality of having a written contract. Whether the contract is to set out the relationship between yourself and your employees, between your shareholders, between your business and your customers, or between your business and your landlord, it is always important to have the contract reviewed by a lawyer. Contact a lawyer at Bland & Associates to discuss your contractual needs.
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
Purchasing a new business is often exciting. However, at before you purchase one you should speak with a lawyer to determine if there are any potential legal liabilities. We sit down with you to review the businesses current contracts as well as search for any ongoing legal proceedings so that you know you’re getting exactly what you purchased.
A shareholder agreement is a contract between a corporation's shareholders. A shareholder agreement can also include parties other than shareholders, such as the corporation at hand. Shareholder agreements cover a variety of topics, including a shareholder's rights and obligations.
Usually, rights and obligations are governed by a corporation's articles of incorporation, by-laws, and the corporation's governing statute. However, shareholders and/or a corporation often desire to modify existing rights and obligations by implementing specific contractual provisions into a shareholder agreement.
Private company shareholder agreements tend to include provisions restricting directors' powers, share transfer restrictions, as well as other provisions relating to triggering events impacting the corporation, such as a shareholder's departure.
Incorporation is the creation of a Corporation. Corporations aggregate are by far the most common and important form of business organization in modern Canadian society. They range in size from small corporations, with a single shareholder, no employees and nominal capital, to huge multinational enterprises with hundreds of thousands of shareholders and employees, and issued capital in the billions of dollars.
There are a lot of different types of corporations, including of a For-Profit, Not-For-Profit, Co-operative and Professional Corporations. Incorporation can be done at the federal or provincial/territorial level using the Ontario Business Corporations Act (the “OBCA“) which is administered by the Ministry of Government and Consumer Services and the Canada Business Corporations Act (the “CBCA“) which is administered by Corporations Canada.
When you incorporate your business, it is considered to be a legal entity that is separate from its shareholders. Moreover, the share structure of a corporation could also have tax implication. As a shareholder of a corporation, you will not be personally liable for the debts, obligations or acts of the corporation. It is always wise to seek legal advice before incorporating. Linh Law Inc., can advise you on whether to pursue incorporation, how to structure your share provisions and all other aspects of incorporation. Unlike other incorporation services, we focus on Corporate Law.
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