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Although the initial base costs of incorporating a federal company in Canada might appear to be a worthwhile saving, the potential hidden costs associated with a federal incorporation as opposed to a provincial incorporation can be quite significant. As such, comparing the broader cost of a incorporating a federal company versus a provincial company (especially a company in Western Canada) can be a very important comparison in your decision making process. For more practical insights pertaining to incorporating a business as a company visit us at https://www.LawyerIncorporation.com and for more expansive insights into our law firm's legal practice visit us at https://www.neufeldlegal.com. For the do-it-yourself incorporator in the United States, given our legal practice is in Canada, you might consider the following purchase from Amazon: "Incorporate Your Business: A Step-by-Step Guide to Forming a Corporation in Any State", by Anthony Mancuso at https://amzn.to/41xTxRe and "The Entrepreneurs Guide To LLC, S-Corp & C-Corp Mastery: Dominate Legal Structures and Tax Break Strategies for Business Growth, Protection, and Financial Success", by Christopher Wiseberg at https://amzn.to/4aoJpye. With over 20 years of legal experience, practicing in Calgary, Alberta and Toronto, Ontario, Canada, as well as New York City, New York , USA, business corporate law has been a central part of my legal practice, such that I very much enjoy speaking on various aspects of company incorporations and related areas of business from a general / overall perspective, even though I do look to get into many of the specifics. For with this foundational base knowledge, you can hopefully attain a better grasp of the business' operations and obligations, although it is important to recognize that much of what happens in the corporate is heavily fact driven and impacted by the specific law of the jurisdiction within which the corporate entity is undertaking business (hence the value of a knowledgeable lawyer who is admitted to practice in the particular jurisdiction). This also means looking at other business structuring aspects and corporate relationships, which includes unanimous shareholder agreements, shareholders / stockholders, directors, officers, creditors, debtors, investors, dividends, financing, leases, extra-provincial registration, joint ventures, partnerships, sole proprietorships, licensing, mergers, acquisitions, divestitures, amalgamations, etc. ** PLEASE NOTE: This is attorney advertising that is provide solely for informational purposes. The video only addresses very general aspects, without delving into specifics, which are absolutely critical to any legal analysis and approach. As such, it is ALWAYS recommended to engage the services of a knowledgeable lawyer to address the specifics of your particular situation, as this will dictate how you should approach any business or legal matter. Your receipt of such information does not create a solicitor-client relationship with Neufeld Legal PC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. Prior results referred to in these materials do not guarantee or suggest a similar result in other matters. And as a Calgary corporate lawyer, we deal with a broad array of corporate law and governance matters for corporations across Alberta and Canada, given the legal complexities that all too often follow a business' incorporation, including corporate commercial disputes and corporate governance. Your Canada incorporation lawyer, for incorporating companies and other related legal matters in Alberta and Canada. * #federalcorporation #incorporation