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Recent Posts
Below is a preview of the five most recent posts from the blog Kalfa Law Insights. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- What Are The Benefits of a Holding Corporation
Benefits of a Holding Corporation What is the benefit of a holding corporation? Laying-in a holding corporation to your operating company structure presents significant tax benefits but also limits your operating corporation’s liability. Let’s take a closer look at how this works. Benefit 1: Tax Def … Read more »
- Why Every Business Needs A Corporate Minute Book
Why Every Business Needs A Corporate Minute Book Every corporation is required by law to have a corporate minute book. Whether in an official, leather-bound binder or a simple binder, a corporate minute book is absolutely essential to keeping your corporation in compliance with the law. Too often, … Read more »
- Registering for an HST Number: Benefits to Small Business Earning Less Than $30K
Registering for an HST Number: Benefits to Small Business Earning Less Than $30K If you’re a business earning $30k or more in a fiscal year, then you must register for an HST number; there is no choice. But if you are a business earning less 30K you can elect to register for an HST account before yo … Read more »
- The Shotgun Clause—Should You Include it in Your Shareholders Agreement?
The Shotgun Clause—Should You Include it in Your Shareholders Agreement? A Shotgun Clause is one of many clauses that can be included in a shareholders agreement. Despite its benefits, it is also the most dangerous of all shareholder agreement clauses. That is why it is this clause, more than any ot … Read more »
- The LMIA Program: The Fastest Pathway to Canadian Citizenship for Foreign Investors
The LMIA Program: The Fastest Pathway to Canadian Citizenship for Foreign Investors It is no surprise that there are currently thousands of foreign nationals who would like to make their home in Canada. For many reasons, Canada is a country that many seek to immigrate to and make their permanent hom … Read more »