Incorporating your business offers several key advantages. While using your personal identity to start a business may seem common, it is not a sustainable long-term strategy as your business grows. If your company faces legal issues or incurs liabilities, such as debts owed to creditors, you may be personally liable for these obligations. We provide Business Registration Services to protect your personal assets and shield your family’s finances from such risks.
Once incorporated, your business will benefit from lower corporate income tax rates, which are typically more favorable than individual tax rates. This results in more funds available to reinvest and grow your business. Additionally, incorporating often allows for income splitting among family members, which can provide significant tax savings compared to operating as a sole proprietorship. By involving family members in lower tax brackets, you can reduce your overall tax burden through income splitting.
We are here to guide you through the incorporation process and help position your business for success. Let us also introduce you to our litigation support services.
- Sole Proprietorship or Incorporation
- Provincial or Federal incorporation
- Numbered or Named Corporation
- Trade Names and Business Name registration
- Business Number
- GST/HST Account Setup
- Quick Method GST/HST Election
- Payroll Deductions and Remittance Account setup
- Sole Proprietorship or Incorporation
- Provincial or Federal incorporation
- Numbered or Named Corporation
- Trade Names and Business Name registration
- Business Number
- GST/HST Account Setup
- Quick Method GST/HST Election
- Payroll Deductions and Remittance Account setup