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INCORPORATING A COMPANY

Making the right choices when incorporating a company.

Incorporating a company is all too frequently perceived as a highly advantageous business proposition, nevertheless the reality is often different from the popular rhetoric. Though there are substantial benefits to be realized if undertaken correctly, it is important that you understand what being incorporated entails, why it needs to be done correctly and the limitations associated with corporation. That is why the counsel of an experienced corporate lawyer can make a major difference.

Consider the common postulation that you should incorporate your business so as to take advantage of the limited liability that it will provide yourself. The reality, however, is that corporate directors can be held liable for actions of the company, and more often than not, you will be required to personally guarantee obligations  (i.e., to acquire bank financing, government obligations). There is much information out there, although not necessarily always applicable or accurate, such that you need to secure a trusted source for attaining information that is right for your business.

For knowledgeable and experienced legal representation in advancing your company's commercial operations, while protecting your corporation against legal attacks and other competitive challenges, contact Toronto corporate lawyer Christopher R. Neufeld at 416-887-9702 or Contact@TorontoCorporateLawyer.com

 

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Toronto Corporate Lawyer Christopher R. Neufeld with the law firm of Neufeld Legal Professional Corporation (operating at 1 Yonge Street, Suite 1801, Toronto, Ontario), is admitted to practice law in both Ontario and New York State.  Christopher's legal practice focuses primarily on corporate commercial transactions and contract work. The content of this website is purely for informational purposes and should not be relied upon - as you should consult a lawyer with respect to the specifics of your particular legal matter.  Please review our legal disclaimer and privacy policy prior to contacting us and be advised that contacting us does not create a lawyer-client relationship. COPYRIGHT 2009-10.

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