March 5th, 2024
Starting a Business? We Can Help Guide You in the Right Direction.
Posted on August 1st, 2023 in Domestic Tax, General Business
DJB provides guidance and assistance with all of your business start-up, tax, and accounting needs including:
SELECTING THE LEGAL ENTITY FOR YOUR ENTERPRISE
There are 3 options for the legal entity of your business, we can help you determine what’s right for your business.
- Sole Proprietorship
- Partnership
- Corporation
REGISTERING WITH THE TAX AUTHORITIES
We can help you register with the following tax authorities:
- Canada Revenue Agency (CRA)
- Ministry of Finance – Ontario (EHT) – Employer Health Tax
- Workplace Safety and Insurance Board (WSIB)
- Sales Tax (GST/HST)
TAX CALENDAR
The creation of a tax calendar is an important part of starting your business. DJB will help setup your tax calendar for services such as, Income Tax, Sales Tax (GST/HST), Ontario Employer Health Tax (EHT), Ontario Workplace Safety and Insurance Board (WSIB), and Employee Withholdings Tax (Source deductions), so that you won’t miss any filing dates and prevent penalties and/or late charges.
SELECTING A FISCAL PERIOD (YEAR END)
DJB will help you setup and plan your fiscal period. This is crucial to any business and can be stressful and costly if setup incorrectly.
Contact a DJB Professional today to get started!
Have any questions?
Drop us a line, we look forward to hearing from you.