Structuring a Syndication Group

[Ade Babasola]

Question on structuring a syndication group: I live in Ontario Canada. We do not have LLC option in Canada only Corp and LP. I am currently registering a corporation and was wondering if all deals purchased will be under a single corporation or register different corporation per deal. If under one single corporation, how do I handle different investor mix per deal? For the first deal, investors get shares of the corporation. Subsequent deals may became complicated if issuing single Corp shares for all deals. Thanks for insight, Ade.

[Roy N.]

Are your intentions to syndicate in Canada or the U.S.A?

If in Canada, be advised that the regulatory and legal process here differs from the U.S.A. and some of what gets covered in Denver, will not carry over.

If in the U.S.A., check on regulations w/r to foreign (Canadian) participation in syndications.   You may also want to talk to an attorney and {tax} accountant on how to best structure your own personal interests to assure you have control over repatriation of funds and minimize tax implications (particularly mismatches) of repatriating earnings.