Our mission

Strong Legal Foundations for Your Business

Business decisions create legal obligations. From establishing a company to negotiating agreements and planning for growth, clear legal guidance can help you manage risk and protect what you have built.

Gurizzan Law provides practical corporate counsel that reflects your business goals. We help clients address formation, governance, shareholder relationships, contracts, transactions, and other legal matters that arise throughout a company’s life.

Common Questions

Frequently asked questions

Should I incorporate my business in Ontario?

Incorporation creates a separate legal entity and generally limits shareholders’ personal liability for corporate debts, subject to exceptions. Whether it suits your business depends on your goals, risks, ownership structure and tax circumstances. Legal and accounting advice can help you assess the benefits and ongoing obligations.

What is a shareholders’ agreement, and why is it important?

A shareholders’ agreement sets out rights and responsibilities among a corporation’s owners. It can address voting, share transfers, dispute resolution and what happens when an owner leaves. Clear terms can help prevent disagreements and provide a process for handling changes in ownership.

What ongoing legal obligations does an Ontario corporation have?

Ontario corporations must maintain required corporate records, document relevant director and shareholder decisions, and complete applicable filings, including annual returns and updates to company information. Requirements vary depending on the corporation and its activities.

Can a director be personally liable for a corporation’s obligations?

Yes. Although a corporation is a separate legal entity, directors may face personal liability in certain circumstances, including for some unpaid employee wages. Personal guarantees can also create liability. Understanding your duties before becoming a director can help you assess and manage these risks.

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