Incorporating in Canada

moss.whitney · Post by **moss.whitney** » Tue Sep 22, 2009 12:12 pm

Nelsona,

Will you please expand on a brief answer you gave to a previous question? From 7/29/09:

"1) Is it advantageous to incorporate in Canada or will the "retained earnings" rules from the US nullify any benefit that incorporation will give me? "

You replied : "there is no need to incorporate to get the write-offs you mention. Incorporation would be more for a personal liability benefit."

Can you detail what personal liability benefits exist for someone who incorporates in Canada? If this needs to be asked elsewhere please let me know. Thank you.

nelsona · Post by **nelsona** » Tue Sep 22, 2009 12:42 pm

The liability benefits are from incorporating in itself, not from incorporating in a specific jurisdiction.