Sole Proprietorship vs Corporation – How to set up your business Many people considering a venture into the foray of business ownership eventually need to make a decision as to how to operate: as a sole proprietor or as a corporation. Our office fields this question quite often, […]
Monthly Archives: October 2018
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Enjoy the Benefits of Operating as Personal Service Corporation In Canada, utilizing a corporation to operate your business through provides substantial tax benefits over operating as a sole proprietorship. These benefits include legitimate tax minimization, income splitting, and limited asset protection from creditors. However, there are limitations to using […]