Business Registration Ontario

Sole Proprietorship vs. Corporation in Ontario

Choosing a business structure affects your taxes, liability and paperwork. Compare the basics below, then contact us to discuss your situation. We serve clients remotely across Canada in English, Portuguese and Spanish.

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Sole Proprietorship

Simple and low-cost to register in Ontario
Business income is reported on your personal T1 return
You are personally responsible for business debts
Fewer annual filing requirements
GST/HST registration may be required once revenue thresholds are reached

Corporation

Separate legal entity, provincial (Ontario) or federal
Files its own T2 Corporation Income Tax Return
Generally limits shareholders' personal liability
More bookkeeping, payroll and annual compliance
Flexibility in how owners are paid (salary or dividends)

How It Works

Registering Your Business in Ontario, Step by Step

Whether you are starting a sole proprietorship or incorporating in Toronto or anywhere in Canada, we guide you through each stage remotely, in English, Portuguese or Spanish.

Initial Consultation

We discuss your business goals and help you understand the differences between a sole proprietorship and a corporation.

Document Preparation

We collect the required information and prepare your provincial or federal registration documents.

Registration & CRA Business Number

We assist with registering your business and setting up your CRA Business Number and program accounts, such as GST/HST and payroll, when needed.

Ongoing Support

After registration, we can support you with bookkeeping, payroll, GST/HST filing and annual tax returns.

Ready to Start Your Business in Canada?

Business registration, bookkeeping, payroll, GST/HST and tax filing support from Toronto, Ontario — serving clients remotely across Canada in English, Portuguese and Spanish.