Frequently asked questions

1. Can international entrepreneurs start a business in Canada?

Yes. In many cases, international entrepreneurs can establish businesses in British Columbia.
The appropriate structure depends on your business goals and situation.

2. What is the difference between a sole proprietorship and incorporation?

A sole proprietorship is a simple structure where the owner and business are legally the same entity. Incorporation creates a separate legal entity and can offer additional structure and liability separation. NexStep helps entrepreneurs evaluate which structure may be more appropriate.

3. What is a Minute Book and why does it matter?

A Minute Book contains the official corporate records of a company, including shareholder information and corporate resolutions.

Many corporations in British Columbia are expected to maintain proper corporate records.

4. Do you provide legal or accounting services?

NexStep provides business consulting focused on corporate structure and business formation. We do not provide legal or accounting services, but we can work alongside qualified professionals when required.