Business Law F.A.Q.
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It depends on your business goals, liability concerns, and tax situation. Common options include sole proprietorship, partnership, and corporation.
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You must register your business name with the Ontario government and may need to incorporate federally or provincially, depending on your scope.
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Incorporation limits personal liability, offers tax advantages, and can improve credibility with clients and investors.
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Yes, you can register a trade name or “doing business as” (DBA) name for branding purposes.
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Common contracts include client agreements, supplier contracts, non-disclosure agreements, and employment contracts.
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You can protect trademarks, copyrights, patents, and trade secrets depending on the nature of your assets.
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You must comply with the Employment Standards Act, including minimum wage, hours, and termination rules.
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Dispute resolution can involve negotiation, mediation, arbitration, or court litigation, depending on the case.
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Licensing depends on your industry; some businesses require municipal, provincial, or federal permits.
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Yes, but you may need to check zoning bylaws and obtain a home business license from your municipality.
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Dissolution requires settling debts, notifying authorities, and filing final tax returns. Selling involves drafting and executing a purchase agreement.
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You must file income tax returns, collect and remit HST/GST if applicable, and may have payroll tax responsibilities.
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Use well-drafted contracts, maintain proper business records, comply with regulations, and consider insurance.
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Yes, we provide legal advice to ensure smooth transfer or sale of your business to successors.
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Incorporation typically takes a few business days if done online, but it can vary depending on the government’s processing times and whether additional documents are needed.