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
15
MAR
2024

What’s my Role in this Company – Part 3?

The Role of Shareholders While the first two articles in this series covered directors and officers, this one will cover those often referred to as “owners” who are the shareholders in a company.  Under the Business Corporations Act, a shareholder is a party whose name...
01
MAR
2024

What’s my Role in this Company – Part 2?

The Role of Officers Individuals involved in companies may hold various roles.  In some cases, the same individual will hold all of the roles while, in others, different parties will be involved.  Over the next few articles, we will cover various roles including...
15
FEB
2024

What’s my Role in this Company?

The Role of Directors Individuals involved in companies may hold various roles.  In some cases, the same individual will hold all of the roles while, in others, different parties will be involved.  Over the next few articles, we will cover various roles including...
15
FEB
2023

Dividends: Ineligible versus Eligible

You may (or may not) have heard the terms “non-eligible” (also referred to as ineligible) and “eligible” dividends. What’s the difference? This article will briefly touch on what a dividend is and, at least in the tax world, the difference between these two types.  In broad...
15
AUG
2022

Should Your Company have a Shareholders’ Agreement?

When a privately held company has more than one shareholder, it is strongly recommended that the shareholders enter into a shareholders’ agreement, or at least consider it with consultation from your lawyer. Shareholders have a great degree of freedom when drafting and entering...
15
JUL
2022

Dissolving a Company in BC

If you ever find yourself needing to dissolve your company, you will want to familiarize yourself with the various ways of doing so. If you have a company registered under BC’s Business Corporations Act (the “Act”), you have options for carrying out the dissolution of your...
01
JUN
2022

Non-Competition Agreements

When selling your business, you will often notice that the buyer wants to include a “Non-Competition Agreement”. What is a Non-Competition Agreement? Typically, a non-competition agreement is included as one of the provisions in the purchase of a business. The buyer will want to...
15
APR
2022

What are the Benefits of a Professional Corporation and How do I Incorporate?

For many professionals, incorporating and operating through a professional corporation can have various tax benefits. In British Columbia, there are a number of professions who may be permitted to do so, to name a few: Accountants; Architects; Engineers; Massage Therapists;...
07
MAR
2022

Selecting a Business Structure

Choosing a structure can be difficult for business owners, but selecting the right legal structure is a necessary part of running your business.  This decision will vary depending on your goals and your individual business, but understanding your options is important whether...
18
JAN
2021

Your New Year’s Resolutions: Legal Edition

It’s a new year!  While many of us are probably happy to be waving goodbye to 2020, the start of a new year is a great time to review and assess your personal and corporate administrative matters.  This last year introduced some new requirements that clients should be aware of...
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