Whether you are starting a new business or reorganizing an existing enterprise, your business structure is of vital importance. The legal status and structure of your business affect the way it is owned, how its profits are shared, and who may be liable if your company suffers legal difficulties or you have to declare bankruptcy at some point in the future.

At Aitchison Law Office, we will explain incorporation and its advantages such as liability protection for your personal property and lower tax rates.

We'll help you decide the share structure of your new corporation and discuss the roles of your children and spouse. Our lawyer can also answer any questions you have about income splitting, retirement saving and helping to pay for your children's education, as well as deductions available to you.

Choosing A Business Structure

Our Oshawa business incorporation lawyer will also discuss the pros and cons of various business structures, and help you find the best structure for your business.

We can answer any questions you have about Ontario business law and practice. We will go over your plans or your current business operations, and discuss the many different structures available such as:

• Sole proprietorships
• Partnerships
  • General partnerships
  • Limited partnerships
  • Limited liability partnerships
• Professional corporations
• Private corporations

Once you've decided on your business formation structure, we can make sure the process of setting it up is completed quickly and efficiently.