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If I incorporate a company with 4 partners, am I more

protected than if I register...
If I incorporate a company with 4 partners, am I more protected than if I register it and if somebody sues me, can they still sue me personally if I am incorporated?
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Answered in 32 minutes by:
3/1/2018
Legal Ease
Legal Ease, Lawyer
Category: Canada Business Law
Satisfied Customers: 105,502
Experience: I am a practicing lawyer and have also been an online professional for 5 years.
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Hello! My name is Debra (formerly known as Legal Ease). Thank you for your question. I'm reviewing it now, and will post back again shortly.

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You are significantly more protected if you incorporate.

When you incorporate the corporation is a separate legal entity. So it is not you.

It is rare that a director of a corporation can be personally sued so it is most often a very good idea to incorporate.

Please feel free to post back with any follow-up questions you may have. If you don't have any then I hope I have earned a 5 star rating but if you don't feel that I have please don't hesitate to reply back and let me know what more I can do to assist you. Finally, please know that even after you rate me I will be here for you and you can ask follow-up questions if you think of them later on at no further charge of course.

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Is there anything more I can help you with at this point in time?

Legal Ease
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Category: Canada Business Law
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Experience: I am a practicing lawyer and have also been an online professional for 5 years.
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