Toronto-based Pace Law Firm (+1 844-606-225) announces updates to its corporate and commercial legal services, offering specialized support for US and Canadian businesses wishing to form a limited liability company.
-- Businesses in the US and Canada wishing to establish a limited liability company, or its Canadian equivalent, can now seek specialized support from Toronto-based Pace Law Firm. The company’s commercial lawyers have extensive experience in both jurisdictions, allowing them to guide Canadian-based businesses wishing to establish a presence in the US, or the reverse for US-based organizations.
More details can be found at this link
Pace Law Firm explains that the legal entities known as limited liability companies (LLCs) do not exist in Canada, the closest equivalent being a corporation. This can be further complicated by the availability of provincial and federal corporations, and the latest service is designed to help both Canadian and US businesses make more informed decisions.
Like an LLC, a Canadian corporation offers a clear separation between personal and business assets, which is often viewed as advantageous, particularly in times of economic uncertainty. However, incorporating a business can also have some disadvantages, many of which relate to tax.
With the latest update, Pace Law Firm aims to guide business owners through all the pros and cons of either an LLC or a corporation, allowing them to better understand how it would apply to their own situation. The firm’s team can also explain a variety of other options, such as joint ventures, professional corporations, and partnerships.
“Choosing the correct corporate structure/entry is one of the first stages in starting a business or investing,” a company representative explained. “Our team of seasoned legal professionals at Pace Law Firm will support you throughout the entire process, providing guidance at every step to ensure a successful outcome.”
About Pace Law Firm
In addition to corporate and commercial law, Pace Law Firm offers specialists in personal injury law, immigration law, family law, real estate law, criminal defence, employment law, and wills and estates. First established in 1981, the firm is one of the most well-established legal offices in Ontario.
Interested parties can find more information by visiting this link
Contact Info:
Name: Robin Bell
Email: Send Email
Organization: Pace Law Firm
Address: 191 The West Mall Suite 1100, Toronto, ON M9C 5L6, Canada
Website: https://pacelawfirm.com
Source: NewsNetwork
Release ID: 89161101
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