Online business registration with droit.legal
Our self-service turnkey service will help you proceed with the registration of your sole proprietorship. This package is ideal for a self-employed person who wishes to obtain a Quebec business number and who would like to have a business name. Upon purchase of the package, you will receive a mini form to provide us with the relevant information for your registration, and the lawyer will take care of your project upon receipt.
Your project will be finalized between 2 and 5 business days.
Please note that the 2-hour express service applies as soon as we receive your form, and applies during the office's business hours.
The registration package includes:
- Provincial Sole Proprietorship Registration (Quebec)
- Government fees included (Quebec)
- Quebec Business Number (NEQ)
- GST, QST and DAS tax numbers (deductions at source) are included if selected.
- Name request for sole proprietorship included
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.
Do you have questions about your registration project?
Chat with us by clicking on the orange icon at the bottom of the page to your right or contact us at 1-888-653-8299. Our team is always there to help you!