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by moltar
2134 days ago
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In Canada to become self employed is basically processless. You just file personal taxes as usual. They get slightly more complicated with deductions and such though. But many people do self employed taxes themselves. Next level would be incorporating. The process is easy. Can be done online in a few minutes. Taxes become more complicated. For a small one to three person company expect to pay about 2-5K annually to a professional accountant. Corporate tax rate is 15% under 500K of revenue in Ontario. It varies province by province. Quebec as I understand is higher and also more complicated as they have their own tax system separate. |
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