Choosing a Business Structure

< back

When you start a business, it is important to choose the right legal structure because it will affect how much tax you pay, the amount of paperwork required, the personal liability you will face, and your ability to raise money. There are three basic structures that you can choose from, each offering advantages and disadvantages: sole proprietorship, partnership, corporation.

INVEST IN CANADA – Selecting a Business Structure (link .url)
This site provides information on the types of business structures.

INDUSTRY CANADA – Why Should I Incorporate? (link .url)
This site will help you assess if you should incorporate your business.

%d bloggers like this: