At Johnston, Johnson & Company, our lawyers effectively provide a wide range of practical, efficient and cost-effective services to businesses of all sizes. Our lawyers are experienced in advising the small business owner seeking advice on whether to incorporate or operate as a sole proprietorship, or a larger business seeking advice with respect to financing, shareholder agreements, leases, corporate governance, corporate records, and negotiation and interpretation of commercial contracts.

The question most asked by smaller business owners is “why incorporate?”. The short answer is that it provides a company with many advantages, such as:

• substantial personal liability protection - in the case of a lawsuit or judgment against your business, no one can seize your personal assets (house, car, bank accounts, etc.)
• substantial tax advantages - taxed at a much lower rate on the first $40,000.00
• ability to pay salaries to family members, reducing your family's overall tax burden
• ability to deduct life and health insurance premiums
• ability to raise capital by selling shares of the company rather than personally borrowing money and paying interest
• shares can be easily distributed to family members and others, making estate and family planning a lot easier.

We are here to assist you with incorporating your company and maintaining your company records so that you can deal with the operation of your business without concern about the paperwork and filing processes required to keep your company in good standing with the Registrar of Companies.