I think I need to incorporate
In 2019 I invoiced about $120K in work and after expenses it looks like I made 60k or so.
Is my accountants fee reasonable to do this for me? What would I save by doing it myself?
Should I incorporate Federally or Provincially? My guess is Provincially as I will only be operating here in Ontario.
Is incorporating something I should do myself or get should I get my accountant to do instead? Her message is below:
To incorporate, you need to choose a unique name and then decide to incorporate Federally or Provincially.
I can provide the nuans name search report and incorporation services.
My nuans name report fee will be $50+hst. However, the nuans fee will be included if I also incorporate the business for you. The fees will be as follows;
For a Federal Corporation, my price is $500+hst. This includes the nuans name search report, Federal registration and Ontario registration.
For and Ontario Corporation, my price is $600+hst. This includes the nuans name search report and Ontario incorporation.
The fee for the Ontario corporation is higher because the government fee is higher and also I will have to use an Ontario specified service provider.