If you are seeking legal advice for your Edmonton business, look no further than Heritage Law.
Our team of experienced commercial lawyers have extensive knowledge in corporate and commercial law, providing top-notch legal services to businesses of all sizes. Our commercial lawyers are committed to understanding your unique business needs and tailoring our legal services to meet them.
With our deep expertise and commitment to providing exceptional legal advice, you can trust that your business is in good hands.
Corporate Law Practice Areas
Incorporation
Take your business to the next level by acquiring legal incorporation.
Incorporation means turning your small business into a legal corporation. This allows you to take advantage of greater liability protection, tax deductions and the opportunity to raise capital through the sale of shares.
Our lawyers guide you through every step, ensuring that your commercial or non-profit endeavour is backed by proofed legal documentation sent through the proper channels.
Avoid the hassle of representing yourself and limit complications that might slow your business down.
Shareholders’ Arrangements
When establishing your business’s relationship with its shareholders, a legal arrangement is your key to success.
Shareholder’s agreements are vital in ensuring harmony between all shareholders. These arrangements provide stability, adaptability and transfer restriction among your shareholders.
A detailed arrangement should include clear definitions of operating procedures, shareholders’ rights and obligations and share ownership – as well as any liabilities or protections.
Sound complicated? It doesn’t have to be if you contact Heritage Law.
Joint Venture Agreements
From investments to businesses, joint ventures can be complex as they involve multiple parties with various interests and liabilities.
Pooling resources with two or more other businesses grants you the benefits of greater access to new markets and distribution networks as well as more staff and technologies.
If you are part of a group arrangement, consult us at Heritage Law to draft your legal agreement so you can rest assured that you are prepared for all contingencies.
Annual Filings
Personal taxes are one thing – but managing your small business’s taxes every year can be a daunting task.
In addition to your obligations to the Canada Revenue Agency, corporations must also file annual returns with Corporations Canada. Regardless of size, all businesses must fulfill these obligations.
If you’re not familiar with filing taxes for small business, you may make mistakes such as incorrectly reporting income, improperly separating expenses and missing out on deductions.
Avoid complications and late returns by having Heritage Law Offices handle your annual filings.
Commercial Law FAQ
What do corporate & business lawyers do?
Corporate or business lawyers are legal professionals who specialize in providing legal advice and representation to businesses and corporations.
Their main responsibilities include advising clients on legal matters related to their business operations, such as compliance with regulations, negotiating contracts, drafting legal documents, and resolving disputes.
Is it commercial or corporate law?
Commercial law and corporate law are related, but they are not the same thing. Commercial law generally refers to the body of law that governs business and commercial transactions, such as contracts, sales, and consumer protection. It deals with legal issues that arise in the course of conducting business.
On the other hand, corporate law specifically deals with the legal issues related to the formation, operation, and governance of corporations. This can include matters such as corporate structure, management, shareholder rights and obligations, and mergers and acquisitions.
While there is some overlap between commercial law and corporate law, they are distinct areas of law with different focuses. Business lawyers may practice in both areas, but they may also specialize in one or the other depending on their expertise and the needs of their clients.
We Are Here For Your Small Business Needs
Contact Heritage Law today and we will gladly answer any questions you have about your small business needs.