Business & Corporate Law
Business Start-Up / Incorporation
With our Business Start-Up Navigator, we provide information and advice to entrepreneurs to prepare them for success and protect them from liability. We will help you determine if you should structure your business as a proprietorship, partnership or corporation, and create an ownership structure that can reduce your tax bill. We will help you choose your business name, and protect it with a trademark registration. If you choose to incorporate, we can set up your company provincially or federally, and act as your company’s registered and records office. Our best-in-class software ensures that your corporate records are accurate and complete. Our clients know that we are always on hand to provide advice or assistance, and that we don’t charge for finding answers to many of their questions.
Business Sales and Purchases
If you are buying or selling a business, we will discuss the pros and cons of an asset purchase and share purchase. For purchasers, our due diligence will help ensure that you get what you pay for, and that you won’t be liable for the debts of the previous owner. A comprehensive purchase agreement protects you from unwanted surprises after closing. Getting advice at the beginning will save you money over time and remove many of the uncertainties that come with a new venture. For sellers, we prepare you for the sale process and help to maximize your return by making your business attractive to purchasers. Most sale agreements contain a large number of representations and warranties which can be a minefield for an unsuspecting seller. We help you navigate the terms to ensure that you get your money, and get to keep your money!
Business Agreements
Where there is more than one owner of a business it is important to have a Shareholders Agreement or Partnership Agreement. These agreements will cover such issues as capital contributions, profit distributions, restrictions on the transfer of an owner’s interest in the business, dispute resolution, and what happens on the death of an owner. We also assist with the preparation and negotiation of other business agreements, such as leases and employment, franchise, license and distributorship agreements.
Extra-Provincial Company Registrations
If your corporation is based in another jurisdiction but carries on business in British Columbia, you are required to register your corporation with the British Columbia Registrar of Companies and appoint an attorney and head office within British Columbia. For a low annual fee we can act as head office and attorney for your extra-provincial corporation.
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