by Garnet Brooks - Lawyer, Wickwire Holm
Aboriginal Entrepreneur Law
With an increase in Aboriginal entrepreneurship in Canada, it is increasingly important for entrepreneurs to ensure they are familiar with some of the basic legal concepts that concern them and the businesses they operate. There are legal consequences to owning and operating a business. There are also unique considerations that are particular to being a status Indian entrepreneur in Canada. Garnet Brooks is a business lawyer, an experienced entrepreneur and Aboriginal. He practises law with a focus on providing legal services and advice to business and entrepreneur clients at Wickwire Holm, in Halifax. Garnet writes “Entrepreneur Law” articles in order to discuss, and bring about an increased awareness of some of the important legal issues entrepreneurs encounter as they venture into the world of business.
In previous articles I discussed sole proprietorship, general partnership, and limited partnerships as business structures. This article will discuss the corporation. This structure is perhaps the most common form of business in Canada. However, there are some specific considerations to be made by Aboriginal, status Indian entrepreneurs before choosing to incorporate a company to operate a business. This article will discuss corporations in general, and will conclude by identifying some considerations which should be made before a status Indian decides on this business structure.
What is a Corporation?
Tags: corporate, corporation, entreppreneurship, Entrepreneur, law