Business Structure & Setup
Guidance on structure, CRA registration, and setting your business up the right way.
How you set up your business affects your taxes, your liability, and your options for years to come. We help you choose the right structure and get incorporated properly, then make sure you are registered correctly with the CRA from day one. Start on a solid footing instead of fixing it later.
Why it matters
The way you set up your business has consequences for years. Getting the structure right early saves tax, protects you, and avoids cleanup later.
- Choose the structure that actually fits your situation
- Set up liability protection the right way
- Open the correct CRA accounts from day one
- Avoid costly restructuring down the road
- Start with a clean foundation for tax planning
How we can help.
Sole proprietor vs corporation
We run the numbers on your situation and walk you through the real tradeoffs in tax, liability, and cost, so you incorporate when it actually makes sense and not before.
Incorporation setup
We handle the incorporation process and get the entity established.
Holding company structuring
If a holding company fits your situation, we set it up correctly and explain how it works, so you can protect retained earnings, move money tax efficiently, and plan for the long term.
CRA program accounts
Registration for GST/HST, payroll, and corporate tax accounts as needed.
Post-setup guidance
Direction on what comes next, so you stay onside from the start.
Who it's for
New and growing businesses deciding whether to incorporate, and owners who want it done correctly the first time.
Who it's not for
- Owners who need legal advice on complex shareholder or partnership disputes, which calls for a lawyer
- Anyone set on incorporating without first weighing whether it is the right move
Wondering about cost?
Pricing depends on volume and complexity. See where you would land before you commit.
Frequently asked questions
Explore our other services
Bookkeeping
Clear financial records that support smarter business decisions.
Tax Planning and Compliance
Personal and corporate returns with proactive, year-round support to minimize what you owe.
Payroll Services
Reliable, on-time payroll with T4s, ROEs, and full compliance handled.
Advisory & CFO Services
Strategic budgeting, cash flow analysis, and growth planning tailored to your business.
Ready for a more proactive accounting experience?
Whether you're just starting out, tidying up your books, or planning your next stage of growth, IKON is here to guide you. Clear advice, reliable service, and a team you can count on.