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Dec 4, 2012, 15:07 #1
- Join Date
- Nov 2005
- 45 Post(s)
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How does Incorporating Affect Contracts/Agreements?
I'm currently operating as a sole-trader, but would like to incorporate next year following the advice of my accountant.
The process of incorporating in Trinidad involves dissolving the company, then re-registering it (adding "Ltd." to the end of the company name; Similar to "LLC" as used in the States) as a firm.
My question is what would happen to any legal documents I already have under my sole-tradership's name? Would dissolving the company also dissolve those agreements, or could I transfer them over to my re-registered firm somehow?
Thanks for your input!Trying to fill the unforgiving minute
with sixty seconds' worth of distance run.
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