Incorporating Your Sole Proprietorship: What You Need to Know!
When starting a business, many people choose not to incur the costs, administrative hassle, and accounting expenses associated with incorporating a corporation. However, there will come a time when incorporating makes sense for you to allow for the following advantages
Offshore Structuring: What do I need to know?
In recent years there have been many regulatory and legislative changes related to the rules pertaining to setting up your business offshore. Although there are many reasons, other than tax efficiency, which exist for establishing a presence offshore, such as owning or holding investment or rental properties
When is it right to consider Cross Border (USA) and Offshore structuring?
Offshore structuring has a bad rap. In recent years, exposés, investigative journalists and various documentaries and movies sensationalized how billionaires and big corporations stashed money abroad in hidden bank accounts to avoid taxes, which has drawn the ire of the public and the scrutiny of regulators.
Grinhaus law firm becomes first Canadian Law Firm in the Metaverse with virtual office in Decentraland
Grinhaus Law Firm, a boutique business, estates and tax law firm, as well as a leading firm in Blockchain advisory located in Toronto, Canada, has become the first Canadian law firm, and one of only a handful world-wide, to establish itself in the Metaverse
Working from Home during Covid-19: Are You Becoming an Independent Contractor?
One of the most profound results of the Covid-19 pandemic has been the effect it has had on the composition of the workplace. Working remotely has forced employers to move to a task-based measure of labour…
Business Leases in the Time of Covid: What you Need to Know!
Even with the “work from home revolution” caused by the Covid-19 pandemic, many businesses still need space for inventory, operations, retail facilities and for a plethora of other reasons. The Ontario Commercial…
Attention Ontario Realtors: You Can FINALLY Incorporate…and Here’s How!
After a years-long lobbying effort, Ontario Realtors are FINALLY allowed to reap the tax and liability protection benefits of using a Personal Real Estate Corporation (PREC). On October 1, 2020, new regulations under…
What is “Decentralized Finance” and What are the Risks?
Decentralized Finance (DeFi) refers to any financial activity, from applying for a loan to trading stocks, which is built using decentralized ledger technology. This is the same technology upon which Bitcoin and other…
Buying a business? Don’t Sign Anything Before Reading This!
Buying a business is a great way for an entrepreneur to hit the ground running by acquiring a going concern with existing clients, cash flow and infrastructure such as an office and employees. Buying an existing…