Startup and Business Formation

Starting a new business doesn't have to be complicated. Our startup lawyers will guide you through the process of incorporating and organizing your corporate structure. We take the time to learn about your business and ensure that our approach is tailored to your business needs.

Get Started On Your New Business

Startups Made Simple

Whether you are a tech-focused startup or small business, we will guide you through the process of forming and organizing your business.
  • 1

    Incorporate and Prepare Corporate Records

    We can help you incorporate Federally or Provincially by filing articles of incorporation. We will then prepare your corporate records to elect your directors, appoint officers and issue shares.

  • 2

    Structure Your Startup and Vesting

    If necessary, we can plan for future equity investment in a cap table and help you incentivize founders and employees with share vesting or stock options.

  • 3

    Shareholders Agreement

    The founders of a startup should agree to a shareholders agreement outlining the governance of the Company and other rights and restrictions.

  • 4

    Assign IP to Corporation

    The founders and anyone else who worked on software or other intellectual property (IP) prior to incorporation must transfer ownership of the IP to the Company after it has been incorporated.

Benefits of Incorporating Your Startup

Once you have an idea and a business plan, the next step is to turn your dream into a reality by starting your business. If you are a small business, you can operate as a sole proprietorship, but if you intend on growing your startup and raising capital, we recommend incorporating a company to operate your business. These are some of the benefits of incorporating.
Contact Us to Incorporate

Limited Liability

Generally, owners are not personally liable for debts, obligations and acts of the corporation.

Issue Equity for Investment

Equity (ownership) in the business can be exchanged for monetary investment. This is done by issuing ``shares`` to investors.

Possible Tax Advantages

Corporations may provide flexibility and advantages in terms of tax planning.

Exists as a Separate Legal Person

A corporation is a separate legal entity whose ownership can be transferred and exist beyond the life of its original founders.

Additional Considerations for Startups

In addition to the basic requirements identified above, startup founders should consider the following.

Hiring Employees/Contractors

As your business grows, you may need to begin hiring staff. You can do so by hiring an employee or a contractor.

Business Contracts

We help identify standard contracts you should develop for your business. We also review contracts clients were presented to ensure their protection.

Trademarks Protection

Protecting your brand through the registration and copyright of trademarks becomes essential to the protection of your business.

Employee Stock Option Plans

We can help you prepare Employee Stock Option Plans (ESOP) to incentivize early employees and contractors.

MaRSDD

Have Questions?

Tell us what you or your company require assistance with. Our legal team will be in touch shortly.

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