There are many benefits to incorporating a business in British Columbia, such as limited liability, lower corporate tax rates, and financing opportunities.
While it is possible to incorporate on your own through the online incorporation process, legal advice from a lawyer with experience in business law can help you determine the best model for your business, as well as ensure you are in full compliance with the Business Corporations Act. Such legal information and advice is especially vital for an active and operational company (for example: providing goods or services) versus a passive company (for example: an otherwise unoperational company whose sole purpose is to trademark a product or service).
If you are thinking about incorporating your business or would like to discuss whether this is an appropriate route for you and your business, please contact us. We would love to hear from you!