Canadian Startup and Video Game Law Blog
Startup and video game law, from a Canadian and U.S. perspective
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Importance of Trademarks on Amazon’s Brand Registry
If you are an Amazon seller, it is highly recommended you obtain trademark protection for your brand and enrol in the Amazon Brand Registry. Amazon’s Brand Registry provides a variety of tools to monitor brand representation and prevent the sale of counterfeit goods on Amazon. in order to take advantage of the Amazon Brand Registry...
US Beneficial Ownership Information Registry
On January 1, 2024, the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) launched the online BOI E-Filing System and began accepting Beneficial Owner Information Reports pursuant to a new compliance regime under the Corporate Transparency Act. 1. Who needs to file? Starting January 1, 2024, all non-exempt entities formed or registered to do...
New Filing Requirements for Canadian Federal Corporations – Individuals with Significant Control (ISCs)
Starting January 22, 2024, all federal corporations created under the Canada Business Corporations Act (CBCA) are required to file information regarding individuals with significant control (ISCs) with Corporations Canada. 1. Who is an ISC? According to the CBCA, an ISC is an individual (see: human person) that: owns, controls or directs 25% or more of...
LLCs are Bad for Canadians (Mostly)
Canadians often ask us to incorporate LLCs. In response, our answer is always (1) LLCs do not exist in Canada and are only available in the US; and (2) incorporating a LLC for a Canadian tax resident is usually a bad idea. In this blog post we’ll explain what a LLC is, why it’s a...