Commercial law is primarily concerned with creating, buying, managing, selling, and closing a business, and all of the elements that fall in between. It includes annual general meetings and returns, appointing directors or officers, lending and borrowing, contract reviews, purchase or sale of a business, franchises, leasing, and partnerships. McLean Legal’s corporate lawyers in Calgary can assist all businesses in all aspects of corporate law.
Incorporation
There are many reasons someone would want to incorporate a legally recognized business – we can help you with all of it. There are many benefits, including tax advantages, personal legal protection, and easier access to capital. We are also able to assist you with naming your corporation, creating and maintaining your minute book (which includes articles of incorporation and bylaws of the company) and filing your annual returns.
Buying or Selling a Business
There are two ways to buy or sell a business: an asset purchase/sale or a share purchase/sale. The type of transaction will depend on who you’re purchasing the company from, liability concerns, and tax considerations. An asset purchase/sale is when you buy/sell all, or significantly all, of the assets of the business. A share purchase is when you purchase/sell the shares in a corporation to acquire the business and its assets. There are pros and cons to each option. We will be happy with purchases and sales.
Commercial Real Estate
Whether you are purchasing or selling your commercial property, we can help. We assist with contract drafting and review, negotiations, due diligence searches and inquires, land title and historical searches, preparing and reviewing financial documents, arranging evaluations, and preparing closing documents. We identify issues as early as possible to mitigate potential problems, allowing for a smooth closing.
Corporate Maintenance
Our lawyers offer a wide range of services related to the day-to-day and annual maintenance of a corporation, including:
Commercial Contracts
Commercial contracts are any agreements involving a business. There are multiple types of commercial contracts, including shareholder and partnership, agency, distribution and franchise, purchase and sale, outsourcing, and leases and subleases. These contracts are enforceable by law. Our Calgary commercial lawyers can ensure that all simple and complex contracts are negotiated, drafted, and reviewed to best protect you.
Our corporate lawyers can be beneficial to your business. They can assist with incorporating, setting up the minute book and incorporation documentation, creating contracts for internal and external purposes, corporate maintenance, investing, buy or selling, financing, leasing, and windup. Commercial law is broad and interacts with many other laws, such as regulation and real estate. McLean Legal’s corporate lawyers can assist all businesses with legal counsel and advice.
Lawyers can help businesses understand rules or standards that are excessive, unfair or redundant, hampering the business’ operations, decision-making and growth. Some issues include outdated permits, government processes and taxation and financial compliance. We can support businesses by navigating and overcoming red tape, saving you time, money and resources while improving your commercial establishment.
Starting your business on a solid foundation is important. Whether you are a sole proprietor, a partnership, or incorporated, we can ensure that your business starts strong. At McLean Legal, our corporate lawyers are ready to help you navigate the crucial moments in the development of your commercial establishment, so your business remains on track.
Yes, you should. Selling a business can be challenging and complicated. Our lawyers can assist you to ensure that you are properly protected during the sale. More information can be provided during our free 15-minute consultation.
Our corporate lawyers assist with the legal, financial and commercial aspects of your business while offering legal advice and counsel on numerous issues, including real estate, and family law (such as wills and estates).
Corporate law costs vary depending on the services being sought. Some of our services are flat rate, while other are billed on a retainer basis. We can provide you with more information when you visit us.
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