Start-ups

Are you thinking to start up a new business?
April 20, 2020
Start up a new business

Incorporation or Self-employed? Which is more suitable for your situation, available capital, possible liability or tax payable? Do you need to open GST/PST account? When your business exceeds $30,000 threshold, you have to start charging GST. https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/when-register-charge.html Do you need to hire employees or contractors? Be careful about the definition of employee. Even if you…

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