Operating a successful business in Vancouver requires an experienced team of professionals. Business owners experience many stages of growth and development, each requiring specific and tailored legal advice to help ensure that the core business and financial objectives are achieved. We believe our experience, tailored solutions, and our personal attention to detail makes our firm one of Vancouver’s best choices for Corporate law for small and medium-sized businesses. We have recognized that in order to provide great Corporate legal services to our clients, we need to understand their business, their strategies, and we also need to find cost effective practical solutions.
We have decades of experience in assisting small and medium-sized businesses achieve their goals. Our advice to our business clients encompasses all stages of corporate development and management. Kerfoot Burroughs has been providing effective legal advice to its clients since 1977. This length of service and wealth of experience has provided us with the ability to satisfy almost all of our client’s legal business needs. Our experienced business lawyers will help you establish your business and fill in the gaps along the way. We understand what it takes to run a successful business. Our Vancouver-based business lawyers get to know your particular business, and they provide advice that they feel will produce your desired outcome.
Our clients include private British Columbia or Federal corporations of varying sizes and complexities, professional corporations of all types, partnerships, joint ventures, associations, entrepreneurs and early-stage companies, and non-profit and charitable organizations. We provide targeted legal advice to our clients regarding the initial stages of incorporating a company (B.C. or Federal), as well as assisting in creating other business structures such as partnerships, joint ventures, societies, the maintenance of corporate records, and your ongoing corporate governance. Our team of business lawyers can deliver the right information and proper advice you need to keep you focused on operating your business smoothly.
Here are examples of work we recently handled for clients through our Vancouver Corporate Law practice:
- Incorporated two new professional accounting corporations. Assisted those corporations in the purchase of a well-established accounting firm through an asset purchase
- Assisted in the re-organization of an existing business and the creation of a complex shareholder’s agreement to define the relationship between the remaining shareholders
- Completed a comprehensive restoration and correction of a corporate record book that had not been maintained under the Business Corporations Act
- Conducted an amalgamation of three related British Columbia Corporations to enable the company to maximize their tax and business efficiency
Incorporating a New Company in BC
One of the first decisions a B.C. business owner must make is in what form their business structure will be. We advise our clients on the advantages of establishing a new business as a corporation, partnership, limited liability partnership, sole proprietorship, or a joint venture. We also advise in the purchasing of an existing business through assets, shares or a franchise, and the financing options that may be available to start a business.
We assist with the four basic steps to incorporate a company in British Columbia:
- we reserve the company’s name with the Corporate Registry
- we prepare the required incorporation agreement
- we draft a document called the company’s “Articles” which sets out the rules by which the shareholders, directors and officers must follow; and
- we file an Incorporation Application with the Corporate Registry
Many other steps must be considered in order to comply with the Business Corporation Act, following the incorporation of a British Columbia corporation. These include setting up minute or records books, establishing a central securities register, issuing share certificates, getting consents from directors, and creating the initial shareholder’s and director’s resolutions.
Once a company has been incorporated and organized, our experienced Vancouver Business lawyers help our clients with obtaining and complying with Municipal Permits and Zoning Requirements, obtaining a Business Number (BN), applying for Worker’s Compensation in British Columbia (WorkSafeBC), if required, and applying for other business related licenses, industry memberships, or permits.
Incorporating a New Professional Corporation in BC
Many of our clients are professionals who require specific tailored advice. Our Vancouver-based business lawyers are knowledgeable of the different rules and regulations that professional incorporated companies must comply with. Examples of some professional corporations that can incorporate themselves are:
- Mortgage Brokers
Incorporating Health Professions in British Columbia
There are 26 regulated health professions in British Columbia, 25 of which are self-regulating professions governed by 22 regulatory colleges under the Health Professions Act. Health professionals permitted to practice through a corporation in BC include:
- Dental Hygienists
- Dentists and Dental Surgeons
- Massage Therapists
- Physicians and Surgeons
- Naturopathic Physicians
- Occupational Therapists
- Physical Therapists
- Podiatric Surgeons
- Speech and Hearing Professionals
- Traditional Chinese Medicine and Acupuncture
Each of the professions listed above has their own unique set of rules, naming conventions, membership restrictions, and licencing and reporting requirements. Our team of experienced corporate lawyers carefully review each profession’s governing body’s requirements, and we create a customized and tailored company that complies with the rules and regulations of each governing body, and also assists in the reporting and specialized licensing requirements.
Professionals need advice and services from someone that has experience with a broad range of services and industry. Our corporate lawyers understand the needs of our professional clients. You are most likely very busy running your own business, and only want to deal with a business lawyer who knows the requirements of your profession. At Kerfoot Burroughs, we know professional and health corporations. Let us do the work for you.
Operating a Business in British Columbia
Whether your business is a BC-based or Federal company, legislative provisions set out minimum standards for annual record keeping and corporate maintenance. When we act as the Registered Office for our clients, we assist our clients in maintaining their Records Book in compliance with the Business Corporations Act (B.C.), or the federal Canada Business Corporations Act. This includes the preparation of the required shareholder’s and director’s resolutions, filing the Annual Reports, and the recording of corporate minutes, changes or other required records.
Our corporate lawyers assist our clients in all aspects of corporate governance including the preparation of shareholders’ agreements, confidentiality agreements, non-compete agreements, and employment agreements. A company properly structured by our corporate lawyers has the best chance of success.
It is crucial for the ongoing success of a business to properly define the relationships between its shareholders, directors and business partners. To avoid future disputes, the lawyers at Kerfoot Burroughs can guide you through all corporate governance related matters right from the start.
Whether our client’s business is new or existing, we assist them with strategic planning and execution at various levels. In our province, there are many international corporations and investors from China, USA, SE Asia, India, and other parts of the world. We can provide these and other corporations with general legal and strategic advice, as well as transactional services for a range of matters including:
- Contract Law
- Creditor’s Remedies
- Employment Environmental Law
- Extra-Provincial Registrations
- Freedom of Information and Privacy
- Human Rights
- Intellectual Property
- Civil Litigation
- Real Estate
- Worker’s Compensation