Entrepreneurship & Small Business

Corporation and sole proprietorship same time

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  • Aug 28th, 2014 8:34 am
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[OP]
Sr. Member
Aug 11, 2008
927 posts
237 upvotes

Corporation and sole proprietorship same time

Can I be a incorporator/director of a corporation and sole proprietor (or business on my own name without proprietorship registration) same time? And if I can which I guess, will there be any troubles or problems?
2 replies
Deal Fanatic
Aug 21, 2007
5158 posts
302 upvotes
Markham
yes you can, and no there should not be as the corporation is a separate legal entity
Member
User avatar
Nov 10, 2009
427 posts
32 upvotes
Hamilton
Assuming you're talking about 2 different businesses - one is a corporation and one is a sole proprietor, then yes.
The same business cannot be a corp and a sole prop at the same time.
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