concept   incorporate
culture   Canada
statement   In Canada, incorporating a business is common to establish separate legal entity and limit liability.

5 similar statements
# Concept Culture Statement Freq.
1 acquire Canada Acquiring material possessions is often seen as a sign of success and status. 1
2 annex Canada In US and Canada, an annex is commonly a separate building or structure added to the main property for additional space or function. 1
3 declare Canada It is common to declare your income to the tax authorities every year. 1
4 incorporate Canada Incorporating a business is a common way to establish a separate legal entity and limit the liability of the owners. 1
5 incorporate Canada Incorporating a business is a common practice for entrepreneurs and is often seen as a way to protect personal assets and limit liability. 1