Corporations can sell company shares to build equity and increase funding, making your business more profitable long term.
Incorporated businesses often qualify for significant tax benefits, deductions and options to defer payments ahead of beneficial tax amendments.
Incorporating your company is an effective way to improve your credibility within the Canadian marketplace and increase local brand recognition.
Corporations are considered separate entities from their owners and stakeholders — so your personal finances and assets won’t be held liable should your business run into trouble.
Once a business is incorporated, it lives on forever. Corporations continue to exist even after the owner passes on, sells the business or transfers ownership.