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How Does Incorporation Impact Your Canadian Nonprofit?
Manage episode 462817283 series 3608266
İçerik B.I.G. Charity Law Group Professional Corporation and Staff at B.I.G. Charity Law Group Professional Corporation tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan B.I.G. Charity Law Group Professional Corporation and Staff at B.I.G. Charity Law Group Professional Corporation veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
This episode discusses the advantages and disadvantages of incorporating a nonprofit organization (NPO) in Canada. Key benefits of incorporation include liability protection for members, continuity, a formal framework for dispute resolution, and the legal capacity to enter contracts and own property. Conversely, remaining unincorporated offers more flexibility, but leaves the nonprofit vulnerable to legal risks. The overall message encourages careful consideration of the implications before making a decision.
This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs.
https://www.charitylawgroup.ca/
P: 416-488-5888
https://www.charityaccountingfirm.ca/
P: 289-301-8883
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