starting a business in quebec
TRANSCRIPT
STARTING A BUSINESS IN QUEBEC
Jamie BenizriFounder and Senior Attorney
How to Cut Your Taxes, Protect Your Assetsand Protect Your Intellectual Property
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5 Benefits of Incorporation
Payout optionsLimited liability Leave money in the corporation
Benefit from a lower tax rate
Tax exemptions when selling
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Incorporation 101
Where will you operate?
Do you want added
protection?
Do you want to cut down on
costs?
Provincial or Federal?
Are the members of
your Board of Directors Canadian residents?
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Incorporation 101
Do you have assets to protect?
Will you more revenue than you need to
live on?
How fast will your business
generate revenue?
Do you want to raise capital?
Should You Incorporate?
Do you plan to sell your business?
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Incorporation 101
Incorporating in the wrong jurisdiction
Describing your corporation incorrectly
Not giving your corporation a
name
Skipping the shareholders agreement
Top Incorporation Mistakes
Believing that limited liability
means unlimited liability
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BRAND INSURANCE
1. Can I search on my own?
2. If I use it first, isn’t it mine?
3. If I registered or incorporated my business, isn’t the name mine?
4. If I registered the domain name, isn’t the name mine?
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English or French?
Federal jurisdiction-
CIPO New legislation
Supreme Court and Court of
Appeals ruling