Advantage of being incorporated when selling your business? | ScriptaLegal
Personal Law Business Law Packages & Subscriptions
Français About us Create a free account Log in
Interactive legal guides Legal frequently asked questions Legal blog Videos
ONLINE LEGAL DOCUMENTS
Frequently asked questions > Company > Entrepreneurs and independent workers > If you want to sell your business, what is the advantage of being incorporated?

If you want to sell your business, what is the advantage of being incorporated?

If you are incorporated, it is your business corporation which is owner of the business assets, including the clientele. When you want to sell your business, it is then easier to valorize its activities if this one is incorporated before selling it to a third party. Also, when selling your incorporated business, you can then benefit from a capital gain exemption, what could represent an interesting economy for you. The cumulative capital gain exemption is $813,600 in 2015.

This browser does not support this kind of file. Please download the file to view it: Download the file