Incorporating Your Business in Toronto

We offer incorporation packages, which are designed to ensure that incorporating your business in Toronto is efficient, effective, and economical.

As the owner of an unincorporated sole proprietorship or a partner in a partnership, you may wonder whether incorporating your business is worth the time and effort. If you have looked into incorporating your business but have not yet moved forward, there are several potential advantages that could make incorporation worth considering:
  • The limited liability protection offered by a corporation can significantly reduce personal exposure to the legal liabilities of the business. It is generally the corporation that is liable, not the owners personally. Your own personal assets and the assets of your partners are at a significantly reduced risk.
  • Incorporating your business allows the business to issue shares & other types of securities, and an incorporated business can more easily attract investors.
  • Incorporated businesses are often viewed by investors and consumers as more credible.
  • IIncorporating your business means that you may access to a variety of tax benefits.
  • As a corporation, the business is no longer dependent upon the participation of a certain owner or set of partners, but rather it enjoys a perpetual existence.

At New Business, we recommend that you obtain both legal and tax advice before deciding whether to incorporate your business. If the decision is taken to incorporate, Eric P. Cohen, Barrister & Solicitor, an Ontario lawyer with more than 15 years of experience, can assist. We offer several incorporation packages, which are designed to ensure that incorporating your business in Toronto or anywhere else in Ontario is efficient, effective, and economical.

If you have questions about incorporating your business or would like to get started with this process, contact us at New Business today.

Incorporating Your Business in Canada
Incorporating Your Business in Ontario

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