Incorporation Lawyer Toronto
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Innovative Legal Solutions by our Incorporation Lawyer Serving Toronto
Incorporation Lawyer in Toronto
Toronto incorporation lawyers at GLG LLP assist entrepreneurs and start-up companies with the creation of their new ventures. The firm’s business lawyers provide knowledgeable advice on how to best structure a company, how to minimize legal and financial risk, and how to maximize any available financial incentives.
Working alongside the firm’s impressive internal network of commercial real estate lawyers and litigators, the business lawyers at GLG LLP assist new companies with all their legal needs, including:
GLG LLP provides client-focused service, offering each client the skill and experience of a large firm, with individualized attention. The firm prides itself on delivering high-quality work coupled with exceptional client service at cost-conscious rates.
Contact Toronto Incorporation Lawyer GLG LLP For Business Structure Planning Assistance
Given the lengthy list of pros and cons and the associated legal implications, it is best to consult with a lawyer before determining whether to operate as a sole proprietor, partnership or corporation.
GLG LLP works with companies of all sizes and across various industries. The firm regularly advises business owners on the most beneficial structure for their business. To speak with a GLG LLP business lawyer about any new business venture, fill out the online form or call 416-272-7557.
Business Structures in Ontario
When starting a new venture, it is important to carefully consider the most appropriate business structure. The structure of a business has long-term implications for the owners and operators relating to personal liability, tax obligations and more. It is imperative to consult with a knowledgeable business lawyer to determine the most beneficial structure in each circumstance. There are three primary legal structures through which most businesses in Ontario operate: Sole proprietorship, Partnership and Corporation.
Each of these structures has its own distinct pros and cons, as well as tax and reporting implications, all of which should be carefully considered.
Some key factors to consider when determining the most appropriate structure include Liability, Number of owners, Tax Planning, Income Splitting and Estate Planning.