What is a Corporation?

In this informational video, we look at the legal concept of a business corporation, which is a legal entity that is separate and distinct from its owners. It is the creation of an enacting statute and has rules set by its controlling jurisdiction. As a separate legal person, it has its own rights and responsibilities, including being responsible for its debts and liabilities.
For more practical insights pertaining to incorporating a business as a company visit us at and for more expansive insights into our law firm's legal practice visit us at
** PLEASE NOTE: This is attorney advertising that is provide solely for informational purposes. The video only addresses very general aspects, without delving into specifics, which are absolutely critical to any legal analysis and approach. As such, it is ALWAYS recommended to engage the services of a knowledgeable lawyer to address the specifics of your particular situation, as this will dictate how you should approach any business or legal matter.
Your receipt of such information does not create a solicitor-client relationship with Neufeld Legal PC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. Prior results referred to in these materials do not guarantee or suggest a similar result in other matters.

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