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For startups: start with parent company / spin-off OR corporations separate from each other

I’m a programmer / website developer, and I’m hoping to work on a few personal startups. I’m wondering which solution to a corporate structure would be more wise with regard to taxes, legal fees, etc. As of right now, it would be of course only myself working on the startups. If one startup may succeed, future employment would have to be taken into account.

I am located in Canada - Toronto, Ontario to be exact.

Thanks!

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