After reading this article, you’ll understand what a holding company is and when you should consider using one. We’ll also look at some holding company examples to explain why someone would incorporate a holding company in Canada. At the end, we talk about the disadvantages of incorporating a holding company in Canada.
There’s been a lot of chatter about the proposed tax changes for Canadian corporations but like most things tax-related, it isn’t exactly quick and easy to get the skinny on the impacts your business may face. Not to worry, Avalon is here to explain the three most important things you need to know about these changes:
Incorporating is all the rage. It gives you some weight behind your name. In some ways it feel like table-stakes if you are going to get serious about your business. No mistake, determining whether to incorporate your business or run it as a sole proprietorship or partnership is an important decision that business owners must make. Here are a few key points to consider when making this decision.