November 16, 2012

How to incorporate in Alberta, Canada

By |2017-01-02T20:23:17-07:00November 16th, 2012|Business Management|

If you have decided to take the next step and decide to incorporate your business, the following are some suggestions as to how to begin this process. After reading the below, we can show you how to appropriately structure your company in terms of who should own shares and the tax advantages to doing so.  Please note that overall fees relating to incorporation can be as low as $100 up to an average of $2,000, depending on the complexity of [...]

Advantages and Disadvantages of Incorporating Your Business

By |2017-01-02T20:23:17-07:00November 9th, 2012|Accounting, Corporate Taxation, Personal Taxation|

One of the most common questions that the small business owner has is whether they should incorporate their business. It is question that is difficult to answer as it depends on your individual needs, financial capacity, and the size of your company. The following are some of the advantages and disadvantages to incorporating your business. ADVANTAGES 1. Tax Deferrals & Access to the Small Business Deduction Arguably the best reason to incorporate is because of the tax deferrals it brings. [...]

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