Sole Proprietorship
Who Might Need It?:
A sole proprietorship is perfect for freelancers, independent contractors, and small business owners who want to run a business.
✅ Benefits of a Sole Proprietorship:
⚡ Quick & Affordable Setup: No complex legal structure, just a simple registration.
🎯 Full Control: You make all decisions without answering to shareholders.
📝 Simple Taxes: Business income is reported as part of your personal tax return - no corporate tax filings.
📉 Fewer Legal Formalities: No annual corporate filings or complex paperwork.
📝 How We Help:
📛 Business Name Registration: If operating under a name other than your personal name, we register it for you.
🔢 Business Number & Tax Setup: We obtain your Business Number (BN) and set up GST/HST registration if needed.
📜 Licenses & Permits: We ensure you have the right industry-specific licenses (e.g., food business, construction, consulting).