Business Registration

Accounting Firm in Mississauga, ON

Accountant Brampton
  • Business name search and registration
  • Business incorporation
  • Set up company books, records and government filings
  • Support with selecting a fiscal year end and the decision to incorporate
  • Determine what business assets and goodwill to transfer to the corporation

Business Registration Toronto

Sole Proprietorship


  • Easy to start
  • Low start-up costs
  • Low regulations
  • Owner controls decision making
  • All profits to owners
  • Tax advantages
  • Minimal working capital
  • Business losses can be claimed offset against other income


  • Unlimited liability
  • Difficulty in raising capital
  • Higher taxation rates with higher income
  • Lack of continuity
  • Business reliance on self
  • May be difficult to sell

Caledon Business Registration



  • Easy to start up
  • Low start-up costs
  • Additional sources of capital
  • Tax advantages
  • Limited regulation
  • Broader management base and complimentary talents


  • Unlimited liability
  • Difficulty in raising capital
  • Divided authority
  • Suitable partners may not be available
  • Conflicts between partners
  • Partners can legally bind each other
  • Lack of continuity
  • Profits are smaller per share

Accountant Guelph



  • Limited liability
  • Possible tax advantage
  • Ownership is transferable
  • Continuous existence
  • Specialized management
  • Separate legal entity
  • Easier to raise capital
  • Capital gains exemptions


  • More expensive to set up
  • Closely regulated
  • Extensive record keeping
  • Dividend taxation
  • Shareholder liability
  • Personal guarantees can undermine limited liabilities

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