Incorporating your company involves several legal and administrative processes. If you want to turn your business into a limited company, Cube Law helps you navigate the legality of the process.
Every business incorporation lawyer at Cube Law is well-versed in British Columbia laws and regulations applicable to incorporating your business. Whether you run a start-up or a large-scale business of any structure, we will assist you in transforming it into a limited company.
Our team will help you throughout your business incorporation journey. From choosing a business name and preparing the necessary documents to filing the incorporation form, we will ensure that you follow the legal and administrative processes seamlessly.
If you are still sitting on a fence, here are a few reasons why you should incorporate your business in British Columbia:
Every incorporation lawyer at Cube Law helps their clients draft and review important documents and contracts throughout their business incorporation journeys. From shareholders’ agreements and vendor agreements to vendor contracts, we will help you navigate multiple documents.
Cube Law ensures that you comply with all applicable laws in British Columbia while incorporating your business.
We can advise you on a corporate structure to fit your tax goals. However, if needed, our lawyers will work with your accountants to structure your new limited company tax-efficiently. We will help you understand tax implications in detail so that you make informed decisions as an entrepreneur.
Our standard Articles include carefully drafted multiple classes of shares to provide flexibility for future restructuring. Whether you’re planning for equity distribution, bringing on new shareholders, or reorganizing ownership for tax efficiency, having different classes of shares allows you to make strategic decisions without needing to overhaul the company’s structure.
Helping you incorporate your business will allow us to know your company better. This makes it easier for us to offer continuous legal support that ensures a steady run of your business.
Knowing the business laws applicable in the province, our business incorporation lawyers in British Columbia offer informed and relevant legal advice. We do our best to help you handle your legal matters so that you focus on your business hassle-free.
Business incorporation is the process of turning a business into a company. It involves giving your business a legal entity separate from its owners. Once you incorporate your business, you also separate its income, assets, expenses, and liabilities from the owners. This ensures limited liability and gives a perpetual existence to your venture.
Here are the key steps involved in incorporating a business in British Columbia:
The time taken to incorporate a business depends on multiple factors, such as the nature of the business, backlogs, delays in payments, documentation, and more. If everything goes well, incorporating a name-based company in British Columbia takes around 3 to 5 business days. For a numbered company, the process can be completed as soon as 1 to 2 business days.
Here are the key expenses an entrepreneur incurs while incorporating their business in British Columbia: Business name approval fees Incorporation application filing fees Registered office service expenses Legal and accounting fees Corporate seal cost The costs you incur may be more or less depending on your circumstances.
We know life can be challenging. Unforeseen circumstances and unplanned events can mean big changes. That’s why we’re here. We bring the right support, guidance, advice and assistance to help you navigate the tough times…and make life just a little bit easier to handle.
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