Corporate Law
Corporate Lawyers in Toronto
Business Law
Your Legal Partner for Corporate Success in Toronto
Running a business successfully requires dealing with legal matters at the federal and provincial levels and ensuring regulatory compliance at all times. This is where Nanda and Associate Lawyers come in. Our corporate lawyers Toronto have had hands-on experience in dealing with all corporate and commercial legal matters for more than two decades. Our services include business registration and incorporation, the purchase and sale of businesses, shares, or assets, commercial leases, drafting and reviewing contracts, partnerships, joint ventures, real estate financing, shareholder agreements, and more.
Looking for the best lawyers near you in Toronto? Whatever be your corporate and commercial legal requirements, you can rely on our experienced Toronto corporate lawyers to resolve your legal and regulatory issues with practical and effective solutions. Under the effective guidance of our experienced corporate law team, your business will be able to reduce the legal risks and financial costs associated with regulatory compliance. Connect with our team in Toronto today for a corporate lawyer consultation and legal guidance.
Our Corporate Law Services in Toronto
Corporate and Commercial Law
- Purchase and Sale of a Business
- Purchase and sale of Shares
- Purchase and sale of Assets
- Incorporations including Professional Corporations
- Reorganizations and Tax Planning
- Business Name Registrations
- Governance Matters including Minute Book Maintenance
- Shareholder Agreements
- Drafting and Reviewing Contract
- Partnerships and Joint Ventures
- Commercial Leases
- Amalgamations and Dissolutions
Banking and Finance Law
- Real Estate financing
- Asset and Equipment loans
- Business and Operating loans
- Real Estate, Bank Act and Personal Property Security Act Registrations
How can our Toronto Corporate Lawyers help you?
The services of an experienced corporate lawyer are essential for any business in Toronto. We can help you with registering and structuring your business, corporate governance matters such as drafting a shareholder agreement, ensuring compliance with all the federal and provincial laws and regulations, drafting and reviewing contracts, agreements, and leases, tax planning, dispute resolution, mergers and acquisitions, and more.
Connect with our Corporate Lawyers in Toronto today!
Whether you are a sole proprietorship, a partnership firm, a corporation, or a professional corporation, our team of experienced corporate lawyers in Toronto can cater to all your corporate and commercial law needs. We will offer you legal solutions based on the specific requirements of your business, taking into consideration the nature and scale of your business operations. Connect with our Toronto corporate business lawyers today for all legal guidance and support.
Purchase and Sale of a Business
Purchase or sale of a business refers to the transfer of ownership of the entire business, including its assets, liabilities, and legal, financial, and tax obligations. It is therefore very important to engage the services of an experienced corporate lawyer to do the necessary due diligence of the business before you commit to the purchase. Our capable corporate lawyers will check the financial statements of the firm to confirm the profitability of their business. We understand the high stakes involved in such transactions, and we will help you avoid any costly mistakes.
Purchase and Sale of Shares
Purchasing the shares of a business gives you ownership of both the assets and liabilities of the company, and the buyer takes over additional rights and responsibilities of a shareholder, as mentioned in the shareholder agreement. While public companies allow the free transferability of their shares, most private companies only allow the sale or purchase of their shares under certain conditions. Connect with our corporate lawyers to help you with the necessary due diligence of the business before you purchase the shares.
Purchase and Sale of an Asset
Rather than acquiring an entire business, your business can choose to purchase a particular asset from them. The asset involved can be real estate, equipment, inventory, or even intellectual property. Such a process involves negotiating the purchase as well as the terms and conditions of the transaction and the final closing date. The agreement of purchase and sale is then executed between the parties, confirming these details of the transaction. Our corporate lawyers will help you with the drafting and reviewing of the agreement, as well as the due diligence of the asset before the transaction.
Incorporations, including Professional Corporations
Setting up your business as a corporation offers your business many legal protections and tax benefits. An experienced corporate lawyer will guide you on the most appropriate legal structure for your business based on your business goals and financial and tax considerations. A professional corporation offers your business similar legal benefits and protections, but it is meant for licensed and well-regulated professionals, such as accountants or lawyers. We will also help you with the process of incorporation and the preparation of all the necessary documentation. If you are planning to set up your business as a corporation, contact our team of experienced corporate lawyers in Toronto for legal guidance and assistance.
Partnerships and Joint Ventures
Multiple individuals may bring their skills and resources together to set up a partnership business. They will share the ownership, responsibilities, and profits and losses stemming from that business. Generally, these aspects of the business will be clearly outlined in the partnership agreement executed by the parties involved. It is worth noting that many of the benefits of a corporation will not be available to a partnership. A joint venture, on the other hand, refers to a specific project in which multiple individuals or organizations are collaborating to achieve a particular goal. Whether you are planning to start a partnership or a joint venture, do not hesitate to reach out to our Toronto corporate lawyers for consultation.
Contact our Corporate Lawyers in Toronto today!
You can rely on our experienced corporate lawyers for services such as business registration and incorporation, purchase and sale of businesses, shares, or assets, commercial leases, drafting and reviewing contracts, partnerships and joint ventures, real estate financing, shareholder agreements, and more. Reach out to our Toronto corporate business lawyers today for all your corporate and commercial law needs.
We can Help
An experienced lawyer can guide you through the negotiation phase of a partnership agreement. Choose our lawyers to help you draft the most profitable partnership agreement. Contact us for Corporate Lawyers Mississauga.
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Frequently Asked Questions
Who is responsible for repairs in a commercial lease?
Generally speaking, the landlord is expected to be responsible for all the building repairs and maintenance. However, it is important to check the terms and conditions of your lease agreement to confirm this. Our Toronto corporate lawyers can help you with the drafting and reviewing of the lease agreements to ensure that such issues are clear and transparent to both parties.
What are the main differences between commercial and residential lease agreements?
Obviously, the commercial and residential lease agreements are meant to serve different purposes: one for business operations and the other for personal living space. These agreements fall under the purview of different legal frameworks as well. While the commercial lease agreements fall under the Commercial Tenancies Act, the residential lease agreements fall under the Residential Tenancies Act. The Residential Tenancies Act offers more protection for the tenants, while the Commercial Tenancies Act provides more room for negotiations between both parties.
What is a shareholder agreement?
It is crucial to have an agreement clarifying the rights, responsibilities, and duties of the shareholders and the governance structure of the business when there are multiple owners or shareholders. Such an agreement will outline how key decisions concerning the business will be taken, including voting rights and dispute resolution, restrictions, and the process of share transfer.
What are the advantages of setting up a professional corporation?
A professional corporation is a legal structure available to individuals in licensed and regulated professions, such as lawyers or accountants. Similar to a corporation, this offers many legal benefits to the business, such as limited liability and tax benefits. Limited liability will legally separate the owners’ personal property from the business assets. Thus, the personal assets of the owners are protected from debts or lawsuits on the business. Another benefit is the succession planning. The current owners of the company can pass on the leadership of the business to the next generation of professionals.
What is free transferability?
Free transferability refers to the right of the shareholders to freely transfer the shares to anyone of their choice without taking any approval from the company or the other shareholders. In most public companies, this right will be available to the shareholders by default. However, in private companies, there are bound to be many restrictions on share transfers, such as the right of first refusal.
What are the main benefits of setting up a sole proprietorship?
A sole proprietorship is the easiest and simplest legal structure for setting up your business. With a single owner retaining complete control of the business, all aspects of your business, such as decision-making and profit-sharing, will follow a simple structure with minimal paperwork. Also, the regulatory burden on such businesses is generally less compared to other legal structures. For example, if you are planning to run the business under your own name, there is no need to even register your sole proprietorship. However, some legal and tax benefits, such as limited liability and corporate tax rate, will not be available to a sole proprietorship. Consult our corporate lawyers to identify the most suitable legal structure for your business.
What is meant by the perpetual existence of a business?
When you are incorporating your business as a corporation, you are setting up a separate legal entity that can legally continue its existence beyond the lifespan of its owners. This means that unless the business is wound up through a legal process, such as liquidation or dissolution, or acquired by another firm, it continues its existence as a business as far as the law is concerned. The reins of the business can be handed over to new owners and employees.