How to start a BUSINESS in Canada | Incorporation VS Sole Proprietorship | Life Insurance Vancouver [Video]

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How to START a BUSINESS in CANADA | Incorporation VS Sole Proprietorship | Life Insurance Vancouver

Chapters:
00:00 intro
1:32 Unlimited Liability
2:57 Limited Liability
7:52 When Does Incorp Make Sense?
8:48 When Does Incorp Not Make Sense?

If you’ve ever wondered what is the incorporation of a company is or what is incorporation in Canada…

You may also want to know about sole proprietorship, corp, so you can upgrade yourself from self employed to business owner.

Having a corporation in Canada or a limited liability company can greatly reduce your tax… and it’s true. And these are just a small part of the tricks in the book called 15 secrets taxman doesnt want you to know.

So before I start the video, here is a list of what you will learn in the upcoming 12 minutes…

– The canadian controlled private corporation.
– Should i incorporate my business?
– What are the benefits of incorporating in Canada.
– Is incorporating a business in Canada good?
– Why incorporate in Canada
– Why small businesses in Canada
– How to pay less tax for self employ

I’m going to share with you the pros and cons of incorporating your Canadian busines.

Enjoy!

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In the past 10 years, Thomas C Chan been focus on helping Canadians to develop for their financial success, with advice about investments and insurance, such as life insurance, critical illness insurance, and disability insurance.

Whether you want to know more about tax saving, retirement planning, or financial growth, Thomas can bring clarity on your retirement, wealth, and insurance. He understands the life stages and challenges that people are going through.

In Canada, you have many options for savings and investment vehicles, such as the RRSP and TFSA. To figure out how to take advantage of your options, Thomas can help you figure out what best suits YOUR financial needs. If you are interested in learning about how money works, and how to work with money, check out his videos!

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