Start-Up Incorporation Services
PROTECTING YOUR BUSINESS RIGHT FROM THE START
Launching a new business is an exciting phase for every entrepreneur, and it’s important that you take steps to secure your start-up from day one. Incorporating your start-up protects you from unnecessary risk and gives you a solid footing to develop and expand your business.
The Benefits of Start-Up Incorporation
With proper guidance, incorporating your start-up will empower your business and provide it with the professional credibility it needs to attract investors. Besides gaining better access to capital and funding, you'll also benefit from other incorporation opportunities like reducing personal liability, having a flexible ownership structure, and saving money with tax planning strategies.
FAQs
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Without incorporation, entrepreneurs may find that they’re unable to raise capital from investors because their company doesn’t appear credible. Individuals running a start-up that isn’t incorporated may also face personal liability when entering agreements.
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The first step is identifying who will serve as directors of the company and what share classes are required. Consulting with other business advisors such as tax advisors or accountants is also advised. The final steps before incorporating are registering a corporate name and drafting the articles of incorporation or corporation bylaws that will govern the start-up.
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Once all the required information is gathered, incorporations can be processed in 3 to 5 business days. Numbered companies can be incorporated within 48 business hours.
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Before beginning the incorporation process, you’ll need to gather contact information for all directors and shareholders, including legal name, date of birth, occupation, citizenship status, tax residency, mailing address, email address, phone number, and copies of government-issued photo ID.
Ready to Talk About Start-Up Incorporation?
When it’s time to consider incorporating your start-up, Parr Business Law can help you navigate the incorporation process with confidence and clarity. As entrepreneurs ourselves, we have the specialized knowledge to provide you with reliable and candid legal advice so you can focus on growing your business. Schedule a consultation call today to hear about how we can help take your business to the next level.