Originally from:
Legal Aspects of Doing Business in North America - 2nd Edition - Loose leaf
Legal Aspects of Doing Business in North America - 2nd Edition - Electronic
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Manitoba
Thompson Dorfman Sweatman LLP
Winnipeg, Manitoba
Introduction
There are a great many statutes and regulations in force in the Province of
Manitoba, Canada, which might be of interest or concern to a foreign businessperson
or investor. Space constraints make it impossible to mention them all, let
alone deal with any of them to any great extent.
Before embarking on any venture in this Province, it would be prudent for the
businessperson or investor involved to have legal counsel review carefully all
laws, both provincial and federal, which might affect the venture. The following
summary touches on those Manitoba statutes which, because of their broad and
general application, would certainly be of interest to any foreign businessman or
investor seeking to carry on business or to invest in Manitoba.
Doing Business in Manitoba
In General
There are a variety of ways one can embark on a business venture in this
Province. From sole proprietorships to multi-shareholder companies to simple or
complex partnership arrangements, there is sure to be a vehicle to suit every
prospective entrepreneur.
Corporations Act
This statute applies to every corporation carrying on business in the Province
of Manitoba. It sets out rules with respect to many business issues, including:
• Establishing a corporation and selecting a corporate name;
• What a corporation has the power to do;
• What records are to be kept by a corporation;
• The rights, duties, liabilities, powers and obligations of shareholders and
directors;
• The procedure for registering foreign corporations to carry on business in
Manitoba;
• The procedure for winding up a corporation;
Manitoba
Introduction
Doing Business in Manitoba
Taxation
Labor Laws
Business Transactions
Investment in Manitoba
Thompson Dorfman Sweatman LLP Winnipeg, Manitoba
