Tag: The Incorporation

Incorporation in British Columbia

Incorporation in British Columbia : federal or provincial?

In British Columbia, an entrepreneur may incorporate his or her business under the provincial or the federal law; the former is the British Columbia Business Corporations Act, and the latter is the Canada Business Corporations Act. In this article, we will outline the different reasons and advantages of incorporating under the federal and the provincial law in British Columbia, and look into some of the general considerations to keep in mind when incorporating.

All about shareholders in Ontario

Although we have addressed the question of the three main actors of an Ontario corporation in a previous article, the subject of the shareholder remains a key issue. Thanks to this actor, the Ontario corporation takes on its full meaning. Today, Lex Start will explain the ins and outs of this role that can sometimes intimidate entrepreneurs, and will demystify the rights and obligations that come with being a shareholder.
Director in Ontario corporation

Directors in an Ontario corporation

After you incorporate your company under the Ontario Business Corporations Act (hereinafter “OBCA”), a first meeting of the shareholders has to be held during which one or multiple new directors need to be appointed. This article will examine the specific duties and liabilities of directors, and how directors can mitigate risks when acting on behalf of a corporation established under the Ontario Act.
Officers in Ontario

All about officers in Ontario

Thanks to the article “The Three Types of Actors in an Ontario corporation”, you now understand the many different hats entrepreneurs wear within a corporation. If the role of a shareholder seems pretty clear, many entrepreneurs confuse the notions of “directors” and “officers”. Today we set the records straight and explain the ins and outs of what officers do within a corporation in Ontario.

Incorporating without a lawyer : is it that easy ?

Incorporating your business without the help of a professionnel seems easy to do since many websites provide a lot of information about the incorporation process. However, many issues and risks are involved. In this article, we will discuss these issues and risks.
Incorporation Ontario

Incorporation in Ontario: federally or provincially ?

The following article outlines the advantages of incorporating federally and provincially in Ontario, and sheds light onto some of the considerations you may keep in mind when choosing your law of incorporation.
Incorporation fédéral ou provincial au Québec

Federal or provincial incorporation in Quebec ?

Let me take you back to elementary school for a little geography lesson: Canada is composed of ten provinces and three territories. What does this have to do with entrepreneurship? It’s simple, Canada’s structure and Constitution means that entrepreneurs have a choice: to incorporate federally or provincially. So, under which regime should your future corporation be incorporated ?
Administrateurs d'une société par actions

The director in a Quebec corporation

Today, Lex Start explains the ins and outs of one of the pillars of the corporation: the director. In Quebec, the director is first and foremost responsible for the general supervision and management of the activities of a Québec corporation.
Shareholder in Quebec

All about shareholders in Quebec 

Among the three main actors of a Quebec corporation, there is the famous "shareholder". If the word scares you, do not worry: today, Lex Start demystifies the rights and obligations that arise from being a shareholder.
Société par actions vs société en nom collectif

Corporation VS General Partnership

Is a general partnership a more advantageous legal form for entrepreneurs than a corporation ? Of course, any answer to that question must be nuanced. Indeed, the answer will vary depending on the needs of the entrepreneur.