Starting a new business is an exciting venture. It comes with a number of legal issues, in particular with regard to the legal structure of the business. Choosing a structure is best done for the benefit of legal advice. Business lawyers with a comprehensive knowledge of the options open to business owners can provide a helpful overview and targeted advice in order to meet company objectives.
Laughlin & Company Lawyers Mediators has been advising entrepreneurs in Port Coquitlam for more than a decade. Our thorough knowledge and experience with the hundreds of companies that we represent make us well-equipped to advise on business structure, and the pros and cons of incorporation.
Benefits Of Incorporation
Incorporation is one kind of business structure that most British Columbia business owners are familiar with. It is an option that may or may not be right for your business, depending on the nature of your enterprise, including geographic scope, tax planning issues, number of shareholders and professional responsibilities. Among the benefits of incorporation are the potential tax advantages and shielding the proprietor from personal liability that arises.
Businesses that are looking for alternatives to incorporation or that wish to reorganize their structure can also consider a general or limited partnership or sole proprietorship. At Laughlin & Company, our Port Coquitlam lawyers offer incorporation and corporate structure advice to businesses of all sizes. With an understanding of your business objectives, we can provide you with a legal assessment of your best options for the short- and long-term growth of your enterprise.
To learn more about corporate law from Tri-Cities lawyers practicing in Port Coquitlam, contact Laughlin & Company for a consultation. Call the firm at 604-239-0800 or get in touch online to schedule a meeting.