Are you thinking of starting a small business? We’ll answer your questions about registering and starting a new business, preparing a business plan, taxes, available government programs and much more. We provide complete registration services for Sole Proprietorships and Partnerships in Ontario. Please keep in mind that Sole proprietorship and partnership registrations do not protect your business name; others can register and use the same name. To protect your business name you need to incorporate your business, and/or apply for a trademark.
In order to operate a new business in Ontario you will need the following:

• Checking the availability of your new business name
• Register your business name
• Apply for an HST number
• Apply for WSIB account (mandatory if you will have employees)

For starting a corporation in Ontario you will need the following:

• Choose the name of the corporation
• Check the availability of the corporate name
• Gather all information required to file the Articles of Incorporation
  • Name and address of the business
  • NUANS search report that is less than 90 days old
  • Description of the business activities
  • Name and address of each Director
  • Name and address of each Shareholder
• Filing the Articles of Incorporation
• Filing the initial returns (must be filed within 60 days of registration)
• Apply for HST/Payroll/WSIB Accounts, Import & Export Account
• Apply for commercial general liability insurance

Total Accounting & Financial Services offers complete incorporation services for Ontario Corporations. The limited liability and tax advantages are only a couple of reasons why a lot of individuals incorporate a business. Incorporating a business is a complex process. If you plan to incorporate, please contact us and our consultants will be able to guide you through a step-by-step process to incorporate your business and answer all your questions regarding commercial general liability insurance.