Dividends: What, When, How?
Dividend structuring and timing are making headlines presently.
(For example: The Globe and Mail: Ottawa to rein in income 'sprinkling' by wealthy Canadians and the Financial Post: What the new...
October 18, 2017
Posted by: Rajah Lehal
Three reasons to declare the business of your company
As lawyers we are often guiding our clients on defining the “business of the company”, so I thought I’d write a post on this topic. “Business of the company” is formally declared in ...
October 17, 2017
Posted by: Rajah Lehal
When to say no: The Right of First Refusal
We are often asked about the right of first refusal clause (ROFR), and so we thought it would be useful to survey the features of a right of first refusal clause here.
For a business with sharehold...
October 17, 2017
Posted by: Rajah Lehal
Liquidation Preference: Cashing Out
A liquidation preference is a commonly requested investor term. The idea around a liquidation preference is that the investor will receive their funds out of the business prior to the existing shareho...
October 17, 2017
Posted by: Rajah Lehal
When is it time to change your corporation’s name?
We had previously written an article on the selection of a business name, and as well a second article on defending your business name. I thought I would write an article about changing a ...
October 17, 2017
Posted by: Rajah Lehal
Why Indemnify? Director’s Liability – Sources and Mitigation
When most of us think about directors of corporations, what comes to mind is the hefty pay (at least in bigger corporations), the prestige, and the power. But with power comes responsibility; the subj...
October 17, 2017
Posted by: Rajah Lehal
Authorizing vs. Allocating vs. Issuing Shares in your Company
Company owners or investors, when drafting or digging through the details of the ownership of company shares, will come across the concept of authorized shares, issued shares and sometimes allocated (...
October 17, 2017
Posted by: Rajah Lehal
Breaking Down Share Issuance Step by Step
This article provides an overview of the steps involved in issuing shares, once the negotiations with investors have been completed. To summarize, the process includes the following steps:
1) Subsc...
October 17, 2017
Posted by: Rajah Lehal
When forming a company, how many shares should be issued, and at what price?
by Geralt on Pixabay
There's no magical number, but if you are forming a company with a single shareholder then one class of shares with 100 shares issued at 1 cent each (= $1) is fine. Add...
July 27, 2017
Posted by: Rajah Lehal
What voting rights do non-voting shareholders have?
A common question that entrepreneurs/inventors have when incorporating is how to structure the business. The options for structuring a business can be overwhelming, especially when it come...
May 12, 2017
Posted by: Farrah Rahman
Overview of Articles of Incorporation
Overview of Articles of Incorporation
What is this document?
Articles of Incorporation are the basic ‘constitution’ of a (business) corporation.
When would I use this ...
March 30, 2017
Posted by: Rajah Lehal
Blog Bite: Is there a less costly way to incorporate a company in Luxembourg?
This article posted on our partner site Mondaq.com states that it is now possible to incorporate a company with equity and with reduced costs and fees via an alternative structure to the ordinary Li...
February 20, 2017
Posted by: About Mondaq
Blog Bite: How do I incorporate in Nigeria?
This article posted on our partner site Mondaq.com discusses the procedure, documents and eligibility requirements to incorporate a company in Nigeria. The Companies and Allied Matters Act (CAMA) is...
February 17, 2017
Posted by: About Mondaq
Blog Bite: How can a business incorporate in India?
This article posted on our partner site Mondaq.com highlights key changes to the rules for the incorporation of a company in India. Namely, the new rules simplify forms which must be submitted and a...
February 6, 2017
Posted by: About Mondaq
Blog Bite: What are the benefits of incorporating in Panama?
This article posted on our partner site Mondaq.com highlights the benefits and advantages of incorporating in Panama, including tax benefits, less strict meeting requirements, and the free movement ...
November 4, 2016
Posted by: About Mondaq
Canadian Articles of Incorporation – Part 4 of 4: What to consider when selecting Directors for my business?
Canadian Articles of Incorporation – Part 4 of 4:
What to consider when selecting Directors for my business?
Introduction-
Firstly, this post will outline exactly what a Director is ...
October 27, 2016
Posted by: Rajah Lehal
Canadian Articles of Incorporation – Part 3 of 4: Selecting and Protecting Your Corporation’s Name
Canadian Articles of Incorporation – Part 3 of 4:
Selecting and Protecting Your Corporation’s Name
Introduction-
Choosing a business’ name is an extremely important decision that...
October 27, 2016
Posted by: Rajah Lehal
Canadian Articles of Incorporation – Part 2 of 4: Which Articles of Incorporation Should My Company Use?
Canadian Articles of Incorporation – Part 2 of 4:
Which Articles of Incorporation Should My Company Use?
Introduction-
Upon considering whether one wants to incorporate their busine...
October 27, 2016
Posted by: Rajah Lehal
Canadian Articles of Incorporation – Part 1 of 4: Introduction to Incorporation
Canadian Articles of Incorporation – Part 1 of 4:
Introduction to Incorporation
Introduction-
Incorporating a business can be one of the most important decisions any entrepreneur mak...
October 27, 2016
Posted by: Rajah Lehal
Legal Tips & Tricks: Negotiating an Agreement should Start with a Blank Page
When entering into an important contract, take the time to discuss with your business partners, advisors and legal counsel, to make sure that you are clear about your opportunities and risks. In thi...
September 9, 2016
Posted by: Alva Ching
Blog Bite: Why entrepreneurs are structuring operations using both a Canada-based corporation and a Delaware-based corporation?
This article posted on our partner site Mondaq.com explores the benefits to Canadian entrepreneurs of using both Canadian and American based corporations. The author explains that Canadian entrepren...
June 1, 2016
Posted by: About Mondaq
Blog Bite: Can corporations establish the venue for litigation based on their registered business address?
This article posted on our partner site Mondaq.com discusses the decision-making of the location of the registered office (and books and records) as a strategy to choose the venue for litigation. ...
February 22, 2016
Posted by: About Mondaq
Tips and Tricks: How to Compensate a New Team Member in Equity
Start-up companies often struggle with the valuation calculation, and how to determine the number of shares to issue to a new team member.
A good place to start when thinking about this a...
December 27, 2015
Posted by: Rajah Lehal
Blog Bite: What are the benefits and requirements to incorporating in Gambia?
This article posted on our partner site Mondaq.com outlines the requirements of incorporating in Gambia and its desirable characteristics. The articles states that Gambia offshore can be used for ho...
March 5, 2015
Posted by: About Mondaq
Registration of Your Business Outside of Your Legal Jurisdiction
To do business outside of the jurisdiction that a corporation is registered in, your corporation may need to apply for a licence for your corporation to be formed in that jurisdiction.
When a corpor...
December 15, 2014
Posted by: Rajah Lehal
