Medicine Hat Trademarking Expert – Bill Stemp

The Expert® team at Stemp & Company can incorporate your business.

There are a number of benefits to incorporating your business including limited liability for the businesses debts, substantially lower tax rates, the ability to attract investors through issuing different types of shares etc. etc. All this can be explained more fully and completely if you will give us a call.

Selling your company

If you should decide to sell your company but wish to retain ownership of the patent and trademark rights, you can do this by holding the patent and trademark rights in your own name and licensing the right to use these to your company.

Tax savings

By incorporating a company, you can also take advantage of other tax saving measures. Deferred profit sharing plans enable you to reduce the corporation’s taxable income, but don’t increase your own personal taxable income. Paying yourself money as a dividend from the corporation can also be a smarter way of pulling money out of the corporation. Deferred profit sharing plans and payment of dividends can only be used if you have incorporated.