Business & Corporate
Expanding your Ontario business? What you need to know about extra-provincial registration
So, you’ve incorporated, and business is booming in your home province. Time to look at expansion? Building a customer base in another province? What’s next?
Incorporating as an Ontario Corporation under the Ontario Business Corporations Act provides the right to carry on business in Ontario, but what happens when that business expands into other Provinces or Territories?
Your car is spying on you: what data your vehicle collects & how it’s used
As the world becomes more and more connected, data becomes more and more valuable. Our data has become a commodity that is bought and sold by the providers of electronics, apps, social media and many others. Our smartphones gather increasing amounts of data about us with each day that passes. What about our vehicles?
What’s in a name? Protecting your business name in canada
You’ve started your business, and you’ve come up with a catchy and recognizable name. As luck would have it, the domain name was available and now you have your very own website with the name of your business. The job is done, and the name is yours now, right? Not quite.
Buying or selling your business? Make sure it’s a smooth ride
You’ve decided that you want to acquire an existing business, you’ve been in discussions with the current owner and now it’s time to put it on paper… what now?
First thing’s first – we’ve all heard the phrase “buyer beware”. Usually when we hear this, we’re talking about buying a car – you want to take a look under the hood and make sure everything you’re buying is in good shape. Buying an existing business isn’t that different.
Shareholders’ agreement: an essential ingredient in the family succession plan
It can feel overwhelming to a business owner, the thought of embarking on a plan for succession/transition of their business. Particularly when the transition plan involves some or all their children. Commonly, the owner has a vision for the endpoint but does not have the map to get there. Navigation is the role of the owner’s advisor team, comprised of a lawyer, accountant and often including an insurance agent, banker and/or investment/financial advisor.
(A few) things you wanted to know about shareholders’ agreements
Shareholders’ agreements, also known as “unanimous shareholders’ agreements”, are tools for shareholders of private corporations to govern different aspects of the management of their businesses. These agreements are commonly used by the owners of small and medium-sized companies, as they provide steady ground upon which to build successful businesses.
Parting ways and partitioning property – what happens to property on a business partnership dissolution
You and another individual have come together to form a business partnership. You have each brought your own property and assets into the partnership to help build and grow the business. Now, a dispute has arisen and you are looking to dissolve the partnership. What happens to all of that property you each brought into the partnership? Do you each take out what you brought in? Or does all of that property become divisible between the partners?
I filed my corporate taxes… i’m done, right?
Corporate compliance…that’s just taxes, right? For many, once the collection of information, preparation and submission of the tax filing is complete, an item is checked off the To-Do List and corporate compliance isn’t thought about for another year.
While completing and filing your corporate taxes is incredibly important – there are other compliance matters required by corporations that are often overlooked.
