{"id":800,"date":"2019-07-16T19:56:00","date_gmt":"2019-07-16T19:56:00","guid":{"rendered":"https:\/\/jamiebenizri.ca\/?page_id=800"},"modified":"2020-07-05T12:38:09","modified_gmt":"2020-07-05T16:38:09","slug":"business-incorporation","status":"publish","type":"page","link":"https:\/\/jamiebenizri.ca\/business-incorporation\/","title":{"rendered":"Business Incorporation"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1593966214250{margin-top: 150px !important;}&#8221; el_id=&#8221;plaintiffdefendant&#8221;][vc_column width=&#8221;1\/2&#8243; align=&#8221;text-center&#8221; css=&#8221;.vc_custom_1593564651935{margin-right: 50px !important;margin-left: 50px !important;}&#8221;]<style>.ld_spacer_65e52de5b9e65{height:50px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5b9e65\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><header class=\"fancy-title text-center ld_section_title_65e52de5ba069\">\n\t<h2>BUSINESS INCORPORATION<\/h2>\t\t<\/header>[vc_wp_text]<\/p>\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \">\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \"><\/div>\n<div class=\"zn_text_box eluid40a47e4a zn_text_box-light element-scheme--light\">\n<p>Incorporating has never been easier and more affordable, thanks to Logik.Ly&#8217;s Online Business Incorporation Service.<\/p>\n<\/div>\n<\/div>\n<p>[\/vc_wp_text][vc_row_inner][vc_column_inner]<a href=\"http:\/\/incorporatenow\" class=\"btn btn-solid btn-md btn-bordered border-thin ld_button_65e52de5ba253\" data-localscroll=\"true\" data-localscroll-options=\"{&quot;scrollSpeed&quot;:&quot;2000&quot;}\">\n\t<span>\n\t\t\n\t\t\t\t\t<span class=\"btn-txt\">INCORPORATE NOW<\/span>\n\t\t\t\n\t\t\t\t<\/span>\n<\/a>\n[\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_wp_text]<\/p>\n<div style=\"padding: 56.25% 0 0 0; position: relative;\"><iframe style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%;\" src=\"https:\/\/player.vimeo.com\/video\/354730031?autoplay=1&amp;title=0&amp;byline=0&amp;portrait=0\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p><script src=\"https:\/\/player.vimeo.com\/api\/player.js\"><\/script>[\/vc_wp_text][\/vc_column][\/vc_row][vc_row][vc_column]<style>.ld_spacer_65e52de5ba43e{height:75px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5ba43e\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1593565113356{background-color: #0071bc !important;}&#8221;][vc_column]<style>.ld_spacer_65e52de5ba4d3{height:75px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5ba4d3\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><style>.ld_section_title_65e52de5ba577 h2{color:rgb(255, 255, 255);}<\/style><header class=\"fancy-title text-center ld_section_title_65e52de5ba577\">\n\t<h2>CHOOSE YOUR INCORPORATION PACKAGE<\/h2>\t\t<\/header>[vc_row_inner css=&#8221;.vc_custom_1593966593050{background-color: #0071bc !important;}&#8221; el_id=&#8221;incorporatenow&#8221;][vc_column_inner][vc_wp_text]\n            <div \n                class=\"elfsight-widget-pricing-table elfsight-widget\" \n                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\n                data-elfsight-pricing-table-version=\"2.5.0\">\n            <\/div>\n            [\/vc_wp_text][\/vc_column_inner][\/vc_row_inner]<style>.ld_spacer_65e52de5ba91e{height:35px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5ba91e\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><style>.ld_section_title_65e52de5ba9ee h2{color:rgb(255, 255, 255);}<\/style><header class=\"fancy-title text-center ld_section_title_65e52de5ba9ee\">\n\t<h2>SHOULD YOU INCORPORATE YOUR BUSINESS?<\/h2>\t\t<\/header>[vc_wp_text]<\/p>\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \">\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \" style=\"text-align: center;\"><span style=\"color: #ffffff;\">Incorporating offers a broad range of business advantages not typically provided by other legal forms of business:<\/span><\/div>\n<\/div>\n<p>[\/vc_wp_text][vc_toggle title=&#8221;Limited Liability&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Incorporating offers you limited liability, meaning that in the event of a lawsuit or bankruptcy, you won\u2019t be held personally responsible for the debts of the corporation, provided you act in good faith and comply with government rules. You may lose your initial investment, but you won\u2019t lose your home, car or other personal assets.[\/vc_toggle][vc_toggle title=&#8221;Flexible Financing Options&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">To raise capital, private corporations can issue shares to friends, family, business associates and accredited investors. Also, because of the added security provided by limited liability, corporations are more likely to secure loans or investments.<\/span>[\/vc_toggle][vc_toggle title=&#8221;Tax Benefits&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Corporations benefit from lower rates of income tax and can carry forward losses from previous years to offset the profits from the present year.[\/vc_toggle][vc_toggle title=&#8221;Payout Options&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Incorporation allows you to choose how you pay out funds to directors and shareholders, whether through salary, loans or dividends, holding the flexibility to choose the best option for your business.[\/vc_toggle][vc_toggle title=&#8221;Continuous Existence&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">As a corporation is a separate legal entity from its founder, shareholders and officers, its existence is not limited by any of their lifespans. This means the corporation can exist in perpetuity and be transferred from generation to generation.[\/vc_toggle][vc_toggle title=&#8221;Capital Gains Exemption for Selling Your Business&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">When you sell your shares in a Canadian-controlled private corporation that uses at least 90 percent of its assets to do business in Canada, you can claim a one-time capital-gains tax exemption of $800,000.[\/vc_toggle][vc_toggle title=&#8221;What are the benefits of incorporating?&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Incorporation offers numerous advantages to your business. First of all, limited liability protects the shareholders, since debt responsibility is confined to the initial amount invested, with the exception being if a personal guarantee against the corporation\u2019s loans was made. As a result of incorporation, more flexible financing options are available, and corporations are more likely to secure loans from financial institutions. In addition, tax benefits are offered, as corporations benefit from lower rates of income tax and can bring losses from previous years to offset the profits from the present year. Following, with the benefit of continuous existence, a corporation will continue to exist until it is formally liquidated. Importantly, incorporation offers your business the ability to enter into contractual agreements due to the fact that corporations are a separate legal entity.[\/vc_toggle][vc_toggle title=&#8221;Do I need a lawyer to incorporate my business?&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">In many cases, since incorporation requires a process of complicated agreements, the advice of an attorney can be invaluable during the procedure. Legal counsel can offer assistance in the raising of capital from outside investors and lenders, and also has the capability to address all relevant tax and legal issues pertaining to the jurisdiction in which the business is incorporated and operated.[\/vc_toggle][vc_toggle title=&#8221;What legal requirements are Quebec corporations required to follow on a yearly basis?&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Following the successful incorporation of your business, government policy mandates all corporations to maintain updated records at their registered office. Components of these records must contain a copy of the Articles of Incorporation, resolutions of directors, all by-laws, amendments, meeting minutes, copies of any unanimous shareholder agreements, resolution and accounting records, and a securities and transfer register. In certain cases, you may be required to submit an Annual Updating Declaration, along with Annual Registration Fees and Income Tax returns.[\/vc_toggle][vc_toggle title=&#8221;Will a business transaction be successful if due diligence is undertaken?&#8221; custom_font_container=&#8221;tag:h4|text_align:left|color:%23ffffff&#8221; custom_use_theme_fonts=&#8221;yes&#8221; use_custom_heading=&#8221;true&#8221;]<span style=\"color: #ffffff;\">Regardless of how well a due diligence program is conducted, there is always an element of risk involved. Although there is no certainty that a business transaction will be successful, the odds in your favour will be improved, and necessary steps will be taken to maintain confidentiality.[\/vc_toggle]<style>.ld_section_title_65e52de5baaee h2{color:rgb(255, 255, 255);}<\/style><header class=\"fancy-title text-center ld_section_title_65e52de5baaee\">\n\t<h2>WE&#039;VE PARTNERED WITH THE CREME DE LA CREME TO BRING YOU THE FOLLOWING KILLER OFFERS<\/h2>\t\t<\/header>[vc_wp_text]<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \">\n<div class=\"kl-title-block clearfix tbk--text- tbk--center text-center tbk-symbol--line tbk-icon-pos--after-title eluid9ebf599e \" style=\"text-align: center;\">\n<p><span style=\"color: #ffffff;\">Incorporating offers a broad range of business advantages not typically provided by other legal forms of business:<\/span><span style=\"color: #ffffff;\">6 MONTHS XERO: ACCOUNTING APP ($250.00 VALUE)\u00a0<a style=\"color: #ffffff;\" href=\"http:\/\/noolawyers.com\/business-incorporation\/WWW.XERO.COM\">XERO<\/a><\/span><\/p>\n<p><span style=\"color: #ffffff;\">6 MONTHS RECEIPT BANK: EXPENSE MANAGEMENT APP ($125.00 VALUE)\u00a0<a style=\"color: #ffffff;\" href=\"http:\/\/noolawyers.com\/business-incorporation\/WWW.RECEIPT-BANK.COM\">RECEIPT BANK<\/a><\/span><\/p>\n<p><span style=\"color: #ffffff;\">30 MINUTE CONSULTATION WITH CLOUDMEB ($125.00 VALUE)\u00a0<a style=\"color: #ffffff;\" href=\"http:\/\/noolawyers.com\/business-incorporation\/WWW.CLOUDMEB.COM\">CLOUDMEB<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<p>[\/vc_wp_text]<style>.ld_spacer_65e52de5bab97{height:35px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5bab97\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221;][vc_column align=&#8221;text-center&#8221;]<style>.ld_spacer_65e52de5bac0b{height:75px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5bac0b\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><style>.ld_section_title_65e52de5bacaa h2{color:rgb(0, 113, 188);}<\/style><header class=\"fancy-title text-center ld_section_title_65e52de5bacaa\">\n\t<h2>HOW IT WORKS<\/h2>\t\t<\/header>[vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243; align=&#8221;text-center&#8221;]<style>.ld_icon_box_65e52de5bae01 .iconbox-icon-container{color:rgb(0, 113, 188);border-radius:px;}.ld_icon_box_65e52de5bae01:hover .iconbox-icon-container{color:rgb(0, 113, 188);}.ld_icon_box_65e52de5bae01 h3{color:rgb(0, 113, 188);margin-bottom:px;}<\/style>\n<div class=\"iconbox ld_icon_box_65e52de5bae01\" id=\"ld_icon_box_65e52de5bae01\"  data-plugin-options='{\"color\":\"rgb(0, 113, 188)\",\"hoverColor\":\"rgb(0, 113, 188)\"}'  >\n\t\n\t\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"icon-ion-ios-git-network\"><\/i><\/span><\/div><!-- \/.iconbox-icon-wrap -->\t\n\t\t\n\t<div class=\"contents\">\t\n\t<h3>GET A BUSINESS IDEA<\/h3>\t<p><span style=\"color: #0071bc\">Seize your opportunity and do what you do best<\/span><\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; align=&#8221;text-center&#8221;]<style>.ld_icon_box_65e52de5bb097 .iconbox-icon-container{color:rgb(0, 113, 188);border-radius:px;}.ld_icon_box_65e52de5bb097:hover .iconbox-icon-container{color:rgb(0, 113, 188);}.ld_icon_box_65e52de5bb097 h3{color:rgb(0, 113, 188);margin-bottom:px;}<\/style>\n<div class=\"iconbox ld_icon_box_65e52de5bb097\" id=\"ld_icon_box_65e52de5bb097\"  data-plugin-options='{\"color\":\"rgb(0, 113, 188)\",\"hoverColor\":\"rgb(0, 113, 188)\"}'  >\n\t\n\t\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"icon-ion-ios-thumbs-up\"><\/i><\/span><\/div><!-- \/.iconbox-icon-wrap -->\t\n\t\t\n\t<div class=\"contents\">\t\n\t<h3>COMPLETE OUR FORM<\/h3>\t<p><span style=\"color: #0071bc\">We\u2019ll help you hammer the details to protect your business<\/span><\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; align=&#8221;text-center&#8221;]<style>.ld_icon_box_65e52de5bb2af .iconbox-icon-container{color:rgb(0, 113, 188);border-radius:px;}.ld_icon_box_65e52de5bb2af:hover .iconbox-icon-container{color:rgb(0, 113, 188);}.ld_icon_box_65e52de5bb2af h3{color:rgb(0, 113, 188);margin-bottom:px;}<\/style>\n<div class=\"iconbox ld_icon_box_65e52de5bb2af\" id=\"ld_icon_box_65e52de5bb2af\"  data-plugin-options='{\"color\":\"rgb(0, 113, 188)\",\"hoverColor\":\"rgb(0, 113, 188)\"}'  >\n\t\n\t\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"icon-md-paper-plane\"><\/i><\/span><\/div><!-- \/.iconbox-icon-wrap -->\t\n\t\t\n\t<div class=\"contents\">\t\n\t<h3>RUN IT. GROW IT.<\/h3>\t<p><span style=\"color: #0071bc\">Through startup and growth, we think about your corporate compliance so you don\u2019t have to<\/span><\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][\/vc_row_inner]<style>.ld_spacer_65e52de5bb41d{height:15px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5bb41d\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><a href=\"http:\/\/incorporatenow\" class=\"btn btn-solid btn-md btn-bordered border-thin ld_button_65e52de5bb514\" data-localscroll=\"true\" data-localscroll-options=\"{&quot;scrollSpeed&quot;:&quot;2000&quot;}\">\n\t<span>\n\t\t\n\t\t\t\t\t<span class=\"btn-txt\">INCORPORATE NOW<\/span>\n\t\t\t\n\t\t\t\t<\/span>\n<\/a>\n[\/vc_column][\/vc_row][vc_row][vc_column]<style>.ld_spacer_65e52de5bb679{height:75px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_65e52de5bb679\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1593966214250{margin-top: 150px !important;}&#8221; el_id=&#8221;plaintiffdefendant&#8221;][vc_column width=&#8221;1\/2&#8243; align=&#8221;text-center&#8221; css=&#8221;.vc_custom_1593564651935{margin-right: 50px !important;margin-left: 50px !important;}&#8221;][vc_wp_text] Incorporating has&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/pages\/800"}],"collection":[{"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/comments?post=800"}],"version-history":[{"count":0,"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/pages\/800\/revisions"}],"wp:attachment":[{"href":"https:\/\/jamiebenizri.ca\/wp-json\/wp\/v2\/media?parent=800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}