Posted on October 18th, 2021 in Domestic Tax, General Business

Starting a Business? We Can Help Guide You in the Right Direction.

Unrecognizable businessman standing in front of three arrows showing different ways

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!