Should you run your business through a professional corporation?
Are you an accountant, dentist, doctor, lawyer, nurse, midwife, or social worker? Professionals have been permitted to incorporate their practice in Ontario since December 2000. Here’s a breakdown of the pro’s and con’s of running your business through a professional corporation.
When you decide to start your own business, you need to determine what type of business structure best suits your needs. Business structures range from sole proprietorships, corporations, partnerships, limited liability partnerships or joint ventures.
The most common forms of business arrangements are a sole proprietorship or corporation. But is that the right structure for you?
Click here for more information about each type of structure.
-Shira Kalfa, BA, JD, Partner and Founder
© Kalfa Law 2018
The above provides information of a general nature only. This does not constitute legal advice. All transactions or circumstances vary, and specified legal advice is required to meet your particular needs. If you have a legal question you should consult with a lawyer.