Effective October 1, 2020, amendments to the Business Corporations Act (“BCBCA”) (through Bill 24) will require private BC companies to keep and maintain a transparency register (“Register”) which requires detailed information on all “significant individuals” (see summary below).  The BCBCA amendments and Register will increase transparency of corporate ownership in an effort to tackle tax […]

When entering into the sale or purchase of property in British Columbia (BC), there will be conveyancing costs associated with those transactions, which include fees, disbursements, and other costs payable such as property transfer tax (on a purchase). These are often referred to in sum as “closing costs” when buying or selling. Closing costs will […]

Whether or not to incorporate, that is the question. Or at least, that is a question that we get asked often. There is no simple and straight-forward answer to this, and we hate to say it, but it will depend on your business and some circumstances involved, such as: risk level, costs, and number of […]