If you are starting a business, one of the first and most important decisions you must make is choosing a business structure. There are many different types, including corporations. Know the benefits Incorporation is just one option for setting up your business. There...
Calgary Corporate Law Blog
Avoiding property purchasing pitfalls in Canada
Real estate can be a valuable investment, whether you are an individual buyer or a business entity. However, these transactions can be far more complicated than people expect. Certain pitfalls could derail your plans or lead to costly losses, so knowing what to watch...
What to know about the removal of a director
A corporation's board of directors is supposed to protect the interests of shareholders. If situations arise where that is no longer happening, removing one or more directors may be necessary. Knowing some essential elements of the removal process can help all parties...
3 arm’s length principle issues that can arise
International transactions between related businesses can be highly complex matters. If your business is a taxpayer for Canadian tax purposes, you can run into some complicated issues regarding the arm's length principle. Misunderstanding arm's length The arm's...
Resolving shareholder disputes
Shareholders have rights and responsibilities, which can vary based on the agreements and the type of shareholders they are. They can also run into some complex disputes when it comes to filling these roles and carrying out their duties. Common sources of shareholder...
Increasing the value of your business before selling
There comes a time for many owners to start a new venture or retire, and selling their business marks the next chapter. If you are thinking about selling your business in the not-so-distant future, one important priority is to maximize the company's value. There are...
What the global tax rate means for Canadian companies
Recently, over 130 countries reached an agreement regarding a global corporate tax. These efforts aim to prevent corporations from shifting tax revenues and profits from countries with lower tax rates, keeping them in their home countries. This change will affect...
Protecting your company from exiting shareholders
Shareholder agreements are crucial in preventing disputes involving and between shareholders. They can break deadlocks, assign rules for majority and minority decisions and assign duties to shareholders. Establishing these rules in an agreement can make it easier to...
Assessing the culture of a business you may buy
Buying a business is a highly complicated and intricate process. Often, parties in these transactions are focused on the numbers: a business's liabilities, profits and valuations to determine whether they want to buy the company. However, one area that sellers and...
Are transfer pricing disputes getting easier to resolve?
Tax laws are incredibly complicated - especially when it comes to international tax laws. Navigating these matters takes considerable financial knowledge as well as legal acumen. Because of how complex these cases are, they can take a long time to resolve. Rarely are...
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PMR Law have been named the winner of the Business Law Firm of the Year 2017 Canada by CV Magazine and the Global 100 Excellence Award as Firm of the Year (Litigation Counsel) Canada. These awards are much appreciated by the firm. In everything we do, we strive to provide the best service for our clients.