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Unlimited Liability Corporation (ULC)


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Quotes of the day:

Early morning hath gold in its mouth.

— Benjamin Franklin

An unlimited liability corporation (ULC) is a corporate structure used in Canada that allows shareholders to be liable if the company declares bankruptcy. Sometimes ex-shareholders are also liable, depending on how recently they sold their stock. Despite this disadvantage, the structure of a ULC can be preferable in certain circumstances due to the tax benefits granted to shareholders of these companies.

Limited and Unlimited Liability
Limited and Unlimited Liability
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Limited and Unlimited Liability
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48,298
Date posted
Feb 25, 2019
What is a ULC - Unlimited Liability Company?
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What is a ULC - Unlimited Liability Company?
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Date posted
May 1, 2020
What do you mean by unlimited liability?
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What do you mean by unlimited liability?
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Date posted
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