If you be to friendly a small business/be self employed surrounded by Canada? and it was an online base service, no goods involved, within


and it was an online base service, no goods involved, within laymans terms would it be better to be INCorperated or COrperate?

Answer:
You you will want to be incorportated. If your business will do more than 30,000 /year you will require a GST number. If you do smaller amount than 30,000 you don't require a number nor do you charge gst. If you are over the 30k and your service buys supplies you will want to file the long form for your quarter remittance, if your service is freshly labor without buying anything than it is more beneficial for you to profile short form GST. You do not require pst for a service business.

good luck
It`s other better to incorporate when in business. (there is no COrperating)

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