If you are planning to incorporate without an attorney, there is a series of steps you will need to take to set up your corporation: First. If we think that your name choices will not be approved by the Registrar, we will ask you to come up with other names. What questions should I ask myself when structuring my incorporated company? We’re still alive!” Employment Discrimination and Workplace Harassment. Most business owners will at some point decide whether or not to incorporate. Login. 1593 Ellis Street Kelowna, BC V1Y 2A7 Phone: 250-448-5566 Fax: 250-448-8820 E-mail: incorporate@business-incorporation.ca ... Steps to Incorporating a Company in British Columbia; Do I need to register a business? Registry staff do not provide business or legal advice. Ask us any question using the form below and we will get back to you within 2 business days. Do I need a lawyer to incorporate (ie do I need an Incorporation Lawyer)? ... (LLPs) also exist in Canada, but they are usually only available to groups of professionals, such as lawyers, accountants, and doctors. We will assist you in determining which type of share structure is most suitable to your business. Before we submit the name approval request, we will review the list of existing companies to determine if your name choices or similar names have already been taken. White Rock, BC Canada, V4A 6E7. However, Direct Incorporation is an accessible alternative for entrepreneurs who require precise, efficient incorporation services for a fraction of a lawyer's fees. Login. Small Business Incorporating a Canadian Business Can You Set up an LLC in Canada? Through a FREE high-value face-to-face interview, a startup lawyer will be able to answer all of your questions, evaluate your business, and provide you with advice on how to structure your company. https://www.incorporatebc.ca/do-i-need-a-lawyer-to-incorporate You do not need a lawyer to incorporate. Any person can incorporate a company. Having a lawyer do your incorporation ensures that your company has different types of shares and is prepared for future expansion or change. Username or email * Password * Remember me Login. Connecting business owners with business lawyers to improve the strength of BC's corporations. As an individual, you don't need to register a business name – you can always conduct business under your personal name. There is no legal requirement to retain a lawyer to incorporate a company. What questions should I ask myself when structuring my incorporated company? There are advantages and disadvantages to incorporating a practice — these must be weighted against each other to determine if incorporation is a beneficial option. Do I need a lawyer to incorporate? Do I need a Corporate Seal or Physical Minute Book? Since then, lawyers have been eligible to incorporate their legal practices in Ontario. We will also assist you in preparing and filing the annual report, together with related directors’ and shareholders’ resolutions. Most municipalities in British Columbia require you to … That means providing you with practical, real-world experience to ensure that your company is legally set up right the first time to maximize incorporation benefits and strategically position … There are also professional corporations, which provide … You can prepare and file the government forms yourself. Let’s now consider the different methods of incorporating a company in British Columbia, that is; BC incorporation by yourself, BC incorporation by a service provider, and BC incorporation by a corporate lawyer. We will prepare Articles tailor-made to your company’s needs, setting out the special rights and restrictions of the different classes of shares. If you are incorporating your business, you may require a business incorporation lawyer to overlook documents and shareholder agreements. Law Society of British Columbia Information: Incorporate of a Law Practice DM1468055 D.Change of corporate name To change the name of a law corporation holding a valid permit, the procedure set out in Law Society Rule 9-6 must be followed. https://cbelaw.com/do-i-need-a-lawyer-to-incorporate-a-company Call: 604.581.7001 Contact us Your Choice for Incorporating in BC info@incorporatebc.ca. However, without the technical skills of an Incorporation Lawyer in BC, it is more likely than not that an average person will neglect to carry out the required legislative requirements, such as: An Incorporation Lawyer may be required, and we encourage you to make application to speak with a BC Incorporation Lawyer. BC Incorporation Package comes with with name approval, Minute Book, HST, Payroll and More. First, you can complete the incorporation documents yourself. Written by Incorporate BC on November 16, 2017. The lawyers at Taylor & Taylor Law regularly advise clients in Langley, Surrey and the BC Lower Mainland regarding the incorporation process. Contact BUSINESS LAW GROUP WE'VE MOVED! At Incorporate BC, we want to help connect you with startup incorporation lawyer for structuring your business. How do I incorporate? Some provinces, like British Columbia, don’t have a resident Canadian director requirement. Non-Dividend Sprinkling Share Structure for a Law Corporation; Incorporation Agreement (Non-Dividend Sprinkling) Articles (Non-Dividend Sprinkling) ... changes in tax laws and case law is imprudent. At law, a corporation is considered a separate legal person and can enter into contracts, borrow money and own property. The first step in incorporating a company is to reserve a name. 647-945-8873. Connecting business owners with business lawyers to improve the … 290 – 13777 Commerce Parkway, If you do not wish to submit the application online, you will then need to contact a lawyer to do it for you. These documents include: Any person acting as a director of a company should be aware that there are many statutes imposing duties on directors and exposing them to liabilities. We will create a Records Book to retain the Certificate of Incorporation, Incorporation Application, Incorporation Agreement, Notice of Articles and Articles of the company. Unfortunately, this is one of those times when assuming makes an... well, it makes you look bad. Sidhu Lawyers offers business law and incorporation services in Surrey, BC. Member of Corporations Canada. Incorporating with a Lawyer: ... Plus, you’ll spend your time and energy away from what you really need to do, which is building your business. We will explain to you these duties and liabilities, and how to minimize exposure to liability. A law firm can provide legal and practical advice and a customized … issuing actual shares and share certificates; consenting to be a director and/or officer; resolving upon initial and ongoing actions of the company; formulating a working corporate constitution (known as the ‘Articles”, and attended by by-laws in the case of Federal corporate entities). In such case, you may wish to create classes of non-voting shares and issue such shares to the investors. 0 $ 0.00. Consent to Act as Director for each director, Minutes of shareholders approving the incorporation, waiving the appointment of an auditor, and appointing the first directors of the company, Minutes of directors appointing officers, approving the location of the Registered and Records offices, approving the issuance of shares, determining the financial year end and other matters. 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