Business Lawyers
Business Lawyers: directory of firms
Business lawyers, also called corporate or commercial lawyers, work on the legal structure a company sits inside and the agreements it runs on. That covers choosing and setting up the entity, issuing shares, drafting shareholder and partnership agreements, papering customer and supplier contracts, protecting confidential information, handling leases and financing, and eventually selling the business or winding it up.
Browse business lawyers by city, and see what to check before you hire.
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On this page
Much of the work exists because incorporation creates ongoing obligations rather than a one-time filing. A federal corporation is governed by the Canada Business Corporations Act, whose parts deal with incorporation, capacity and powers, the registered office and records, corporate finance, directors and officers, shareholders, fundamental changes and remedies. Corporations Canada administers it, handling incorporation, name approval, annual returns, changes to directors or articles, certificates of compliance and dissolution. Provincial regimes sit alongside it, such as the Ontario Business Registry and Quebec's enterprise register.
A lawyer is also where the awkward questions land: what a director is personally exposed to, whether a handshake with a co-founder is enforceable, and what happens if one shareholder wants out. LokalMatch lists business lawyers as a directory, and this page is general information, not legal or financial advice.
What business lawyers handle, from incorporation to exit
- Formation: choosing between a sole proprietorship, partnership and corporation, then incorporating and organising the company.
- Share structure: issuing shares, recording them, and setting up classes that suit more than one founder or an outside investor.
- Shareholder and partnership agreements: how decisions are made, how someone leaves, and what happens on a deadlock, a death or a sale.
- Commercial contracts: customer terms, supplier agreements, distribution and service contracts, and the limitation and indemnity clauses inside them.
- Employment and contractor documents, confidentiality agreements and the assignment of intellectual property created for the business.
- Premises and financing: commercial leases, security given to a lender, and the covenants that come attached to both.
- Transactions: buying or selling a business, including due diligence and whether the deal is structured as shares or assets.
- Disputes and wind-ups: contract claims, shareholder remedies, and dissolving a company that has finished trading.
Federal or provincial incorporation, and what each brings with it
Federal incorporation under the Canada Business Corporations Act is administered by Corporations Canada, which handles the incorporation itself, corporate name matters, annual returns, updates to directors, registered office and articles, certificates of compliance or existence, and dissolution. It also covers not-for-profits, cooperatives and boards of trade under their own statutes.
Provincial incorporation runs through provincial registries. The Ontario Business Registry handles more than ninety transactions online, including business name registrations and renewals, incorporations, annual returns due within six months of the fiscal year end, notices of change or articles of amendment, and dissolutions; it works through an Ontario Business Account and a company key, which a business can use itself or delegate to an intermediary such as an accountant or a lawyer. Quebec's enterprise register records the Quebec enterprise number, registration status, names used, addresses, officers and directors, and the names of ultimate beneficiaries, and the public can search it at no cost.
The practical question is rarely federal versus provincial in the abstract. It is where you will actually carry on business, what name you want to protect, where you will need extra-provincial registration anyway, and how much annual filing you are willing to maintain. That is the conversation to have with a lawyer before the company is created rather than after.
Setting up a corporation properly, not just registering one
- Structure: deciding the entity, who the shareholders are, and whether a holding company or a family trust belongs in the picture.
- Name: clearing and reserving the corporate name, or accepting a numbered company and operating under a registered business name.
- Articles: setting the share classes, any restrictions on transfer, and the number of directors.
- Organisation: the first directors' and shareholders' resolutions, subscription for shares, appointment of officers and adoption of by-laws.
- Registers: the minute book, the securities register, and the register of individuals with significant control.
- Tax and payroll set-up: obtaining a business number from the Canada Revenue Agency and the program accounts the business needs, which is usually coordinated with an accountant.
- Agreements: a shareholder agreement signed while everyone still gets along, which is far cheaper than negotiating one during a dispute.
Filings that keep a corporation in good standing
Since June 2019 most corporations created under the Canada Business Corporations Act have had to keep a register of individuals with significant control, and since 22 January 2024 they have had to file that information with Corporations Canada. An individual with significant control is someone who owns, controls or directs twenty-five per cent or more of the shares, measured by votes or by fair market value, alone or jointly with others, or who has control in fact over the corporation without owning shares at all.
The register records each person's full legal name, date of birth, citizenship, tax residency, addresses, the dates their control began or ended, and a description of that control. It has to be updated at least once a year and within fifteen days of the corporation learning of a change, and the corporation must take reasonable steps to keep it accurate, including asking shareholders annually. Filing follows the same rhythm: annually with the annual return and within fifteen days of a change to the register. Some of the information is made public. A few corporations are excluded because their ownership is already disclosed under securities law.
Alongside that sit the routine filings: the annual return, notices when directors or the registered office change, and articles of amendment for anything structural. Provincial registrations and any licences specific to the industry run on their own schedules, which is the part most often missed by a business that has grown across provincial lines.
Corporate records and contracts worth getting right early
- The minute book: articles, by-laws, resolutions, registers of directors and shareholders, and the share certificates actually issued.
- The register of individuals with significant control, kept current rather than reconstructed at filing time.
- A shareholder or partnership agreement covering transfer restrictions, valuation on exit, and what happens on death or disability.
- Standard customer terms, so every sale is not negotiated from scratch on the other side's paper.
- Employment and contractor agreements that assign intellectual property to the company and define confidentiality.
- The lease, together with any personal guarantee a landlord has asked a director to sign.
- Financing documents and the security registered against the company's assets.
Where growing businesses most often run into legal trouble
- Co-founders who never signed anything, and no agreed way for one of them to leave.
- A minute book that was never maintained, which surfaces during due diligence when the business is being sold or financed.
- Ownership records that do not match reality, now a filing problem as well as a governance one given the significant-control regime.
- Working on a customer's standard terms without reading the indemnity, limitation of liability or termination clauses.
- Treating workers as contractors on paper while managing them as employees.
- Intellectual property created by a freelancer or an early employee that was never assigned to the company.
- Personal guarantees signed by a director, which survive the limited liability the corporation was meant to provide.
- Expanding into another province without the registrations or licences that province requires.
How business lawyers bill
Defined pieces of work are often quoted as a fixed fee: an incorporation with an organised minute book, a standard set of customer terms, a simple lease review. Ongoing or unpredictable work is usually hourly, sometimes against a monthly arrangement for businesses that need regular access. Registry filing charges, name search reports and similar third-party costs are billed separately from the lawyer's own account.
What moves the total is negotiation and diligence, not drafting. A contract that goes through five rounds with the other side's counsel, or a purchase where the diligence keeps uncovering gaps, takes far more time than the document itself suggests. Agree in the engagement letter who does the work, what is included, and at what point the lawyer checks in before the scope expands.
How business lawyers appear on LokalMatch
Business law listings on LokalMatch are directory entries: a firm, its location and the areas it says it practises in. You contact the firm yourself, and we don't sell requests for this service, so no firm has paid to be put in front of you for your particular matter. LokalMatch does not screen firms for competence in corporate work and does not rank or recommend them.
The check that matters is the regulator's own. Each province's law society keeps a public register and a complaints process, so confirm standing there, then ask the firm about the specific work: incorporations, shareholder agreements or the sale of a business are different practices. This page is general information, not legal or financial advice, and structuring decisions have tax consequences you should also put to an accountant.
Business Lawyers: frequently asked questions
Should I incorporate federally or provincially?
It depends on where you will operate and what you want the name to cover. Federal incorporation runs through Corporations Canada under the Canada Business Corporations Act, while provincial registries such as the Ontario Business Registry and Quebec's enterprise register handle their own incorporations and registrations. Either way you may still need to register in each province where you carry on business.
What is a register of individuals with significant control, and does my company need one?
Most corporations under the Canada Business Corporations Act need one. It lists anyone who owns, controls or directs twenty-five per cent or more of the shares by votes or fair market value, or who has control in fact, and it must be updated at least yearly and within fifteen days of learning of a change. Since January 2024 the information also has to be filed with Corporations Canada.
Do I need a shareholder agreement if there are only two of us?
Two shareholders is exactly the situation an agreement is for, because a deadlock has no tie-breaker without one. It sets out how decisions are made, how a share is valued if someone leaves, and what happens on death, disability or a dispute.
Can I use a template contract I found online?
For low-value, repeatable dealings it may be a reasonable starting point, but templates are often written for another country's law and rarely fit your liability, termination or intellectual property position. Having a lawyer adapt one set of standard terms is usually cheaper than fixing the contract that failed.
What is the difference between a business lawyer and an accountant here?
The lawyer deals with the structure, the ownership and the agreements; the accountant deals with the tax consequences and the reporting. Incorporation touches both, which is why the business number and program accounts are usually set up with the accountant while the minute book and share structure are set up with the lawyer.
Does LokalMatch pass my enquiry to business lawyers?
No. Business law is listed as a directory and we don't sell requests for this service. You reach out to the firm directly, and you can confirm its licence on the relevant law society's public register first.
Sources
- Justice Canada: Canada Business Corporations Act (R.S.C., 1985, c. C-44)
- Corporations Canada
- Corporations Canada: Individuals with significant control
- Government of Ontario: Ontario Business Registry
- Gouvernement du Quebec: Find an enterprise in the enterprise register
- Canada Revenue Agency: Business number
- Federation of Law Societies of Canada: Model Rule on Client Identification and Verification
- Law Society of Alberta
Written by the LokalMatch editorial team. Last reviewed September 14, 2026. How we write and check our guides
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What affects the fees business lawyers charge
Fees depend on the work involved and how the professional bills. We only publish fee ranges when they’re backed by real LokalMatch data or reliable sources. Until then, here’s what usually changes the fee:
- Scope and complexity of the work
- How the professional bills: hourly, flat fee or retainer
- Experience and seniority of the person doing the work
- Deadlines and how urgent the work is
- Third-party costs such as filing, registration or government fees
How to compare business lawyers before you hire
- Check that they are licensed or registered for this work where you live, on the regulator’s public register.
- Look for experience with matters like yours, and ask who will actually handle your file.
- Ask how they charge before any work starts, and get the terms in writing.
- Compare two or three professionals before you decide.
- Be wary of anyone who guarantees a particular outcome.
Questions to ask business lawyers before you hire
- Are you licensed or registered for this work, and with which body?
- Have you handled matters like mine before?
- Who will do the work, and who will I deal with day to day?
- How do you charge: hourly, a flat fee or a retainer?
- What is included in your fee, and what costs extra?
- Will you confirm the scope and fees in a written engagement letter?
- Do you carry professional liability insurance?
Licences and registration
This kind of work is often limited to licensed or registered professionals, and the rules depend on where you are. Ask which body they’re registered with, and check their status on that body’s public register before you hire.
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