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Old 12-17-2005, 11:40 PM   #11
automaton 3
First Line Centre
 
Join Date: Oct 2004
Location: Lethbridge
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Quote:
Originally Posted by 8 Ball
My accountant incorporated my company. My advice is to find a good accountant as they are worth thier weight in gold. As for lawyers I would suggest treating them like chiropractors, don't use them unless you absolutely need one.
I couldn't disagree more. It probably cost the about same for your accountant to set up the corporation as it would have cost to use good legal counsel, who probably would have provided you with a much better product. Most accountants simply don't have the knowledge, training or experience to set up anything outside of a very basic corporation (sole director/ shareholder).

Anything more complex than that, or if you ever wish for your company to raise capital going to a lawyer is an absolute must.
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