The turnkey service with lawyer will help you to register your sole proprietorship.
The registration package includes:
- One (1) unlimited consultation with a business law lawyer
- Provincial Sole Proprietorship Registration (Quebec)
- Non-taxable government fees included (Quebec)
- Quebec Business Number (NEQ)
- A consultation with a lawyer
- GST, QST and DAS tax numbers (deductions at source) are included if selected.
What is a sole proprietorship registration?
Sole proprietorship is the simplest form of business operation. Business decisions are made by a single owner. He or she not only makes all the profits, but also assumes the risks and obligations.
In general, sole proprietorships are small and localized.
Advantages of a sole proprietorship
The benefits commonly associated with operating a sole proprietorship are as follows:
- The ease with which you can set up the business
- Modest start-up costs
- Quick and easy accounting
Disadvantages of a sole proprietorship
- All the assets of a self-employed worker can be seized to pay off the debts accumulated by the business.
- All income and losses of the sole proprietorship belong to the individual who manages it. Therefore, if the income of the business is high, the self-employed worker will have to pay higher taxes since the tax rate for individuals is normally higher than that of corporations.
- The sole proprietorship will cease to exist upon the death of the self-employed person.
What do we do?
In order to give you access to the largest number of online professionals at meilleur prix, our company does not provide professional services; we creates the link between you and all the types of professionals in your area who offer the best service at the most competitive price.