WHAT IS CANADIAN
INCORPORATION LAW ABOUT?
Incorporation is the legal process used to form a corporate entity or company. A corporation separates the firm's assets and income from its owners and investors.
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HOW AND WHY YOU SHOULD INCORPORATE YOUR BUSINESS
Incorporating your business is one of the best ways you can protect your personal assets.
A corporation can own property, carry on business, incur liabilities, and sue or be sued.
Selecting the right type of company for your new business helps maximize your chances of financial and operational success.
To make the right choice and get the most out of your small business, consult an incorporation lawyer to help you choose the right structure for your business.
An incorporation lawyer will guide you through the required filings, and corporate documents.
WARNING ABOUT CORPORATE DEBT:
As a separate legal entity, a corporation is responsible for its own debts but lenders usually demand a personal undertaking for your corporate debt.
This means you are personally responsible and can be sued despite being incorporated.