Unlike other forms of carrying on business, such as a partnership or sole proprietorship, a corporation benefits from perpetual existence. This means that even if one or all of its shareholder were to die or withdraw, the corporation would continue to exist. There are only three ways that a corporation would “die” or cease to… Read more How does a corporation die?
Individuals will often seek the advice of legal counsel, accountants and financial planners on the best manner of carrying on a business. The choice of which business type to choose will depend on a number of a factors. Here is a non-exhaustive list of some of the factors a lawyer may advise a client to… Read more Should I incorporate? The best manner of carrying on business.