When you start a business, you must decide whether it will be a sole proprietorship, partnership, or corporation.

Which of these forms is right for your business depends on the type of business you run, how many owners it has, and its financial situation. No one choice suits every business.

Elite Financial Agency Inc. can advise you on the most appropriate way to structure your business to meet your income tax, accounting, and business requirements.

Sole Proprietorship, Partnership, Corporation, Joint Venture, Non-Profit Organization. Each type of entity is treated differently for tax purposes; therefore it’s advisable to engage a tax professional such as Elite Financial Agency Inc. to ensure you’re operating in the most effective structure. Once your structure is established, the applicable tax compliance laws need to be followed. Ask us how to ensure your business is compliant.

We can also provide you with tax advice on your individual tax position.

Call us at 416-614-8046 or contact us by email here to learn how we can help you get your business structure in place.