Tag: Resources

Business structures

The most common business structures in Ontario

Starting a business requires you to think about multiple considerations among which the business structure plays a fundamental role. Any business has to have a sound structure under which it operates and grows. In Ontario, the law allows an entrepreneur to organize his or her activities under various structures that have specific legal, tax, and operating characteristics.
Actors of a corporation

The three types of actors within an Ontario corporation

An entrepreneur is often defined as a businessperson. When it comes to a corporation, especially a start-ups, “entrepreneur” implies to take on many roles. We have heard the phrase « It takes all kinds to make a world ». It takes 3 kinds to create a corporation : a shareholder, a director and an officer. After explaining to you what are the differences between a federal incorporation & a provincial incorporation in Ontario in a previous article, Lex Start will now outline the protagonists of a corporation, explaining each one’s role in a mini-summary.
Business accelerators

The 5 best business accelerators in Montreal

Creating a business is an intense process with many competing emotions. The combination of excitement and stress, coupled with fatigue from long hours of work, can be a difficult to manage. Therefore, a helping hand is a luxury you cannot pass up. As a young start-up in the legal tech world, we at Lex Start are well aware of the incredible support business accelerators can provide nascent start-ups.

Individuals with significant control

As of June 2019, it is mandatory for all corporations incorporated under the Canada Business Corporations Act (CBCA) to maintain a register showing all individuals who have significant control over the corporation (s. 21.1(1) CBCA). By choosing to incorporate with Lex Start, this register will be created for you at incorporation, but it is important to understand the implications of this register to ensure that it is maintained throughout the life of your company.

Responsibility of entreprises and Quebec Privacy Act

Our first segment about the protection of personal information in Quebec covered the basic legal concepts applicable in the situation where an enterprise is subject to the Act Respecting the Protection of Personal Information in the Private Sector (hereinafter referred to as the “Privacy Act”).

The officer in a Quebec corporation

Thanks to the article “The three types of actors in a Quebec company“, you now understand the different stakeholders of a corporation. If the role of shareholder seems clear to you, many entrepreneurs still confuse the notions of “directors” and “officers”. Today, we set the record straight and explain what the directors of a Quebec corporation do.

Protect your business with a trademark in Canada

In the article “Choosing the right name for your business in Quebec“, we explained the different steps to take before filing your company name. Today, Lex Start focuses on a new issue: the protection of your trademark in Canada.

How to choose a business name in Quebec ?

Une entreprise c’est un peu comme son enfant et ce n’est pas toujours facile de lui trouver un nom ! Certains trouvent leur nom en 5 minutes mais 90% des entrepreneurs mettent du temps à le faire. Que vous soyez incorporé au Québec ou au Canada, un nom d’entreprise ça se réfléchit mûrement car c’est avec ce nom-là que vous serez identifiable auprès de vos clients.

Non-profit organization in Ontario

After reading our article about the differences between an provincial incorporation in Ontario & a federal incorporation, this article will detail why you should incorporate your non-profit organization and how to obtain a charitable status.

Bill 96 : What changes for your company ?

Does your company comply with these changes? Are you equipped to deal with them? Read this short 7-point guide and discover the extent of these upcoming changes or already in effect, so that you can make the necessary adjustments to comply with the Act respecting French, the official and common language of Québec, known as “Bill 96”.