Forms of Business Ownership

"Should I incorporate my business or not?" Below are seven reasons to incorporate your business. Whether you're starting a new business or running an established enterprise, you'll probably want to incorporate if any of these situations apply.

The form of business ownership you choose will govern how your business is organized, how the money that flows in and out of your business is handled, and how your business is taxed. Use this comparison of the four types of forms of business ownership to help you choose the best form of business ownership for you when you're starting a small business in Canada.

An explanation of the common forms of business ownership in Canada with related resources.

When you're starting a business, you have a choice of structuring your new business as a sole proprietorship, general partnership, limited partnership, corporation or cooperative. This guide explains the advantages and disadvantages of each form of business ownership to help you decide.

What is a partnership? How is partnership defined in Canada? This partnership definition explains the different types of partnership available.

Using a written partnership agreement saves personal grief down the road because it allows you and your partner(s) to agree on how you're going to handle particular situations before they arise. Here's what good partnership agreements need to include.

There are two main types of incorporation in Canada. This definition of incorporation includes an explanation of the differences between provincial and federal explanation and how to go about the incorporation process.

This NUANS definition explains what a NUANS search is and how these business name searches relate to doing business in Canada.

Extra-provincial registration is a process of incorporation in Canada that both Canadian corporations and foreign corporations have to go through when they seek to do business in Canada or in various provinces or territories throughout Canada.

The incorporation form of business ownership is popular but is it the right form of business ownership for you? Here's an outline of the advantages and disadvantages of incorporation, including potential income tax advantages.

An outline of the general steps for incorporation in Canada, explaining how to incorporate your business, from choosing where to incorporate your business through receiving your certificate of incorporation.

From the corporate minute book and corporate seal, through setting up a corporate bank account, this outline of incorporation procedures explains how to get your new corporation organized.

A definition of the sole proprietorship form of business ownership and an explanation of the advantages and disadvantages of being a sole proprietor, with related resources.