How to register your Toronto Start Up Business Plan as a sole proprietorship in Canada in 2024

Once you have made your Toronto start up business plan by thinking to register your business as sole proprietorship, you will need informations what are procedures that you need to follow to register it.

By registering your business as sole proprietorship in Canada, the individ is the only owner and by that the owner is responsible for all the liabilities.

More concrete and detailed information how to register your business your can find it in here Government of Canada.

According to Government of Canada 2024 to register a sole proprietorship you will need to do:

1. Registration of your business with the provinces and territories where you want to develop your business
2. Getting the federal business number and tax accounts
3. Applying for permits and licenses your business need

As per registration with the provinces and territories in Ontario, you can find informations in here.

Once you have established your sole proprietorship and need a company to handle your accounting services Toronto for your daily financial operations, KSH Accounting will provide you with the best services from the best accountants Toronto.