Incorporating A Company
Incorporation involves more than just stopping by the corporate registry to file your papers. It is critical that your company be set up to meet your needs in the beginning.
Issues that can arise pertain to classes of shares, and ownership.
Many self-incorporated entities have a simple 1 share class structure. This may suit the needs of the owner in the beginning, but it misses the future. In order to change a corporation after its set up, the corporation will need to be amended.
Rather than amend, which often costs as much or more than incorporation, a person should use a lawyer. We offer different share structures that will allow you to offer both voting and non-voting shares. The reason for these options is so that our clients can maximize the tax advantage of owning a corporation.