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Starting or restructuring a business is one of the most important decisions you’ll make, and having the right legal partner ensures a strong foundation for success. At Kormans LLP, we offer tailored legal services to help you navigate the complexities of business structures, incorporation, and governance. Whether you’re establishing a sole proprietorship, partnership, or corporation, our experienced lawyers provide personalized advice to align with your goals.
We go beyond basic incorporation services by offering strategic support for LP and GP structures, shareholder agreements, and corporate amendments. From preparing digital minute books to facilitating dissolutions, we ensure every step of the process is seamless and compliant with Ontario business laws. Trust Kormans LLP to protect your interests and set your business up for long-term success.
Sole Proprietorships vs. Partnerships vs. Corporations
Understand the pros and cons of each structure to choose the right fit for your business.
LP and GP Structures
Establish and manage limited partnerships (LPs) and general partnerships (GPs) with professional legal guidance.
Incorporation and Corporate Governance
Draft incorporation documents, set up governance frameworks, and ensure compliance with corporate laws.
Digital Minute Book Preparation
Organize your corporate records with secure and accessible digital minute books.
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Digital Minute Book Preparation
Organize your corporate records with secure and accessible digital minute books.
Shareholder Agreements
Protect your business and stakeholders with clear, enforceable shareholder agreements.
Articles of Amendment
Modify your corporation’s articles to reflect changes in structure, ownership, or governance.
Annual Minutes and Filings
Ensure timely and accurate preparation of annual minutes, filings, and compliance documents.
Section 85 Rollover Agreements
Facilitate tax-efficient transfers of assets into your corporation with Section 85 rollover agreements.
Dissolution of Corporations
Navigate the dissolution process with minimal risk and full compliance with legal requirements.
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Many business owners are eager to start a new venture and part of that process often involves leasing a space from which to conduct their business (the “Premises”). Sometimes an offer to lease for the Premises will be negotiated for the general terms of a future lease for the Premises...
In previous blog posts, we provided an introduction into some keys points that you need to consider when entering into a commercial lease as a tenant:
In previous blog posts, we provided an introduction into some keys points that you need to consider when entering into a commercial lease as a tenant:
A sole proprietorship is owned and operated by one individual, offering simplicity but less liability protection. Partnerships involve two or more individuals sharing ownership, while corporations are separate legal entities that offer limited liability and greater tax flexibility.
Incorporation involves complex legal and tax considerations. A lawyer ensures your business is structured properly, complies with laws, and protects your interests.
Limited partnerships (LPs) involve both general and limited partners, with limited liability for certain investors. General partnerships (GPs) involve shared ownership and responsibility. These structures are often used for investment or real estate ventures.
A Section 85 rollover agreement allows you to transfer assets into a corporation on a tax-deferred basis, helping minimize immediate tax liabilities.
We guide you through the dissolution process, ensuring all legal and financial obligations are met while minimizing risks.