Touchstone Law Group LLP
#208 – 1664 Richter Street
Kelowna, B.C., V1Y 8N3
Office Tel: (250) 448-2637
Toll Free: 1 (855) 889-2637
Direct Fax: (778) 484-7101
info@touchstone.law
27
JAN
2015

The Terms of a Term Sheet: Part I

So your new business venture is gaining traction and you’ve managed to pique the interest of an investor. As exciting as this can be, for many entrepreneurs, bringing on investors can be a daunting task. In our next two articles, we’ll give you the scoop on what you need to be...
06
JAN
2015

Top 5 Legal Issues Facing Tech Startups

1. Choosing the Right Legal Structure One of the first decisions startups are faced with is the type of legal structure to choose. To incorporate or not to incorporate? That is the question. Many entrepreneurs will postpone incorporating their business to avoid the costs...
20
AUG
2014

How do you help prevent being deemed a Personal Services Business?

In our last article, we spoke about what a “personal service business” (PSB) is.  This time let’s look at how a corporation can help prevent being deemed a PSB. Some seem to view incorporation as “proof” of independent contractor status. While being incorporated...
13
AUG
2014

What is a Personal Services Business? And why do I care?

In certain industries, particularly the resource sector (including oil and gas), there has been a trend toward companies who wish to hire new workers, requiring those workers to first incorporate their own company (“NewCo”) to be engaged as a contractor.  The hiring...
10
APR
2014

Do I need a shareholders’ agreement?

Owners of companies often wonder whether they really need a shareholders’ agreement. If you have more than one shareholder, you should at least consider whether a shareholders’ agreement is appropriate for your company and speak to your lawyer about their recommendations....
07
MAR
2014

Incorporating a Company

Are you currently running or thinking about starting a new business? This document sets out some important considerations for new or existing business owners who are considering whether to incorporate. What is a Company? In British Columbia, the Business Corporations Act governs...
15
JUL
2013

Business Vehicles

You have just found your perfect business.  Now what? Many entrepreneurs know how to identify business opportunities and how to develop a plan to grasp those opportunities.  But many entrepreneurs spend little, if any, time considering the appropriate business vehicle to operate...
15
FEB
2013

Maintaining records for your company

Maintaining the records for your company is an important aspect of running your business. Under the Business Corporations Act in British Columbia and the Articles of Incorporation, there are certain matters that must be attended to each year including the filing of an annual...
20
JAN
2013

Why should I consider incorporating a company to run my business?

There are often both accounting and legal considerations in deciding whether it makes sense to incorporate a company to run a business through rather than carrying on business as a sole proprietorship. On the accounting side, one reason to consider incorporating is the ability to...