How to cut your taxes, protect your assets, and protect your intellectual property
Presentation delivered at the CEDEC Doing Business in Quebec conference
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Starting a Business in Quebec
1. STARTING A BUSINESS IN
QUEBEC
Jamie Benizri
Founder and Senior Attorney
How to Cut Your Taxes, Protect Your Assets
and Protect Your Intellectual Property
3. 3
3
5 Benefits of Incorporation
Payout optionsLimited liability Leave money in
the corporation
Benefit from a
lower tax rate
Tax exemptions
when selling
4. 4
Incorporation 101
Where will you
operate?
Do you want
added
protection?
Do you want to
cut down on
costs?
Provincial or Federal?
Are the
members of
your Board of
Directors
Canadian
residents?
5. 5
Incorporation 101
Do you have
assets to
protect?
Will you more
revenue than
you need to
live on?
How fast will
your business
generate
revenue?
Do you want to
raise capital?
Should You Incorporate?
Do you plan to
sell your
business?
6. 6
Incorporation 101
Incorporating in
the wrong
jurisdiction
Describing your
corporation
incorrectly
Not giving your
corporation a
name
Skipping the
shareholders
agreement
Top Incorporation Mistakes
Believing that
limited liability
means
unlimited
liability
8. 8
8
BRAND INSURANCE
1. Can I search on my own?
2. If I use it first, isn’t it mine?
3. If I registered or incorporated my
business, isn’t the name mine?
4. If I registered the domain name,
isn’t the name mine?