lamba-businesslawfirm.ca
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https://lamba-businesslawfirm.ca/
Submission: On June 18 via api from BE — Scanned from CA
Submission: On June 18 via api from BE — Scanned from CA
Form analysis 2 forms found in the DOM
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* Home * About Us * Services * Why Choose Us? * Contact Us (905) 906-1618 TRUSTED BUSINESS & CORPORATE LAWYERS Facing Any Legal Or Commercial Problem With Your Business? Or Need Help In Starting Up Your Business? * Incorporations and business advisory * Shareholder agreements and other business contracts * Business purchase and sale * Corporate records and shareholder disputes BOOK A FREE CONSULTATION Choose Service Purchases & Sale Of Businesses Incorporations Shareholders’ Agreements Partnership Agreements Corporate Reorganization Mergers & Acquisitions Trusts Franchise Law Others Submit Now Years of experience About Us EXPERIENCED BUSINESS & CORPORATE LAWYERS Lamba Law is a GTA-based law firm specializing in corporate-commercial and real estate law. We cater to startups, established businesses, and investors in the Greater Toronto Area, offering top-tier legal services at competitive rates. Our expertise spans various business law areas, including acquisitions, franchising, business structuring, partnerships, commercial contracts, and more. Our approach is modern and client-centered, emphasizing long-term relationships. We prioritize understanding your priorities and business to deliver tailored solutions and preempt legal issues. Our aim is to help you grow, protect, and manage your business. At Lamba Law, every client and matter is treated with utmost priority, guided by our core values of honesty, integrity, and competency. Book A Free Consultation (905) 906-1618 OUR SERVICES PURCHASES & SALE OF BUSINESSES (905) 906-1618 Book A Free Consultation INCORPORATIONS (905) 906-1618 Book A Free Consultation SHAREHOLDERS’ AGREEMENTS (905) 906-1618 Book A Free Consultation PARTNERSHIP AGREEMENTS (905) 906-1618 Book A Free Consultation CORPORATE REORGANIZATION (905) 906-1618 Book A Free Consultation MERGERS & ACQUISITIONS (905) 906-1618 Book A Free Consultation TRUSTS (905) 906-1618 Book A Free Consultation FRANCHISE LAW (905) 906-1618 Book A Free Consultation OTHERS (905) 906-1618 Book A Free Consultation WHY CHOOSE US? EXPERIENCED & KNOWLEDGEABLE LAWYERS AFFORDABLE & COMPETITIVE PRICING CONVENIENT PAYMENT OPTIONS EFFICIENT & RESPONSIVE FIRM Book A Free Consultation (905) 906-1618 Faq's FREQUENTLY ASKED QUESTIONS Looking for answers to Business & Corporate Law questions? We provide answers to our most frequently asked questions or contact us for all your legal needs! DO I NEED TO REGISTER A BUSINESS? As an individual, you don't need to register a business name – you can always conduct business under your personal name. The incorporation of a business does have certain benefits though. Business names are useful for marketing purposes, and also allow you to accept and make payments with your bank under a business name. More importantly, incorporation protects your assets personally from legal liability. WHAT IS THE DIFFERENCE BETWEEN FEDERAL AND PROVINCIAL INCORPORATION? For the most part, it's just a preference. The federal, however, gives your business increased business name protection and wider rights to conduct business. You may also opt for federal incorporation if you plan on conducting operations in multiple provinces or simply extra provincially register your province corporation in other provinces. WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF A CORPORATION? The biggest advantage of incorporation is limited liability for shareholders. Under law, a corporation is considered to be a legal person that is distinct from the shareholders who own it. This means that individual shareholders are not personally liable for the debts and obligations of the corporation. If a corporation fails, the shareholders will lose the amount of equity invested with their shares. One disadvantage of a corporation is that income is taxed at two levels: first on income for the corporate entity, and then at the shareholder level where shareholders are taxed on any dividends they have received. DOES A SHAREHOLDER HAVE TO BE 18 OR OLDER? No, a shareholder does not have to be 18 or older. However, you should be careful, as the laws regarding underage shareholders may be complex. If you plan to list someone under the age of 18 as a shareholder. CAN A DIRECTOR BE AN OFFICER AND A SHAREHOLDER? Yes, a director can be appointed to any office of the corporation, and can also hold shares of the company. Book A Free Consultation (905) 906-1618 Testimonials WHAT OUR CLIENTS ARE SAYING? Gagan has been super helpful in our business’ growth in the market. Very appreciative of his rates, ability to walk me through questions, and quick responses. LIVTAR DANDONA Exceptional service, Gagan treated my case with extreme care and made me feel like his top priority. Appreciated his professional yet personal approach! RILEY SHAW Helped me secure financing for my business and guided me through the entire process. 10/10 NAVJOT SIDHU Gagan has been super helpful in our business’ growth in the market. Very appreciative of his rates, ability to walk me through questions, and quick responses. LIVTAR DANDONA Exceptional service, Gagan treated my case with extreme care and made me feel like his top priority. Appreciated his professional yet personal approach! RILEY SHAW Helped me secure financing for my business and guided me through the entire process. 10/10 NAVJOT SIDHU Gagan has been super helpful in our business’ growth in the market. Very appreciative of his rates, ability to walk me through questions, and quick responses. LIVTAR DANDONA Exceptional service, Gagan treated my case with extreme care and made me feel like his top priority. Appreciated his professional yet personal approach! RILEY SHAW Helped me secure financing for my business and guided me through the entire process. 10/10 NAVJOT SIDHU ‹› CONTACT US BOOK A FREE CONSULTATION Choose Service Purchases & Sale Of Businesses Incorporations Shareholders’ Agreements Partnership Agreements Corporate Reorganization Mergers & Acquisitions Trusts Franchise Law Others Submit Now ABOUT US Lamba Law is a GTA-based law firm specializing in corporate-commercial and real estate law. We cater to startups, established businesses, and investors in the Greater Toronto Area, offering top-tier legal services at competitive rates. Our expertise spans various business law areas, including acquisitions, franchising, business structuring, partnerships, commercial contracts, and more. * (905) 906-1618 QUICK LINKS * Home * About Us * Services * Why Choose Us? * Contact Us CONTACT DETAILS * 277 Lakeshore East #408, Oakville, ON, L6J 6J3 * gagan@lambalaw.ca * (905) 906-1618 Copyright © 2024 Lamba Law. All Rights Reserved. Book A Free Consultation Book A Free Consultation