Yearly cost to incorporate?
My mother's boyfriend ran his own small business for a couple years, and incorporated for protection. However, he said he was paying around 2K a year just to keep the corporate status, so he let his business project go and went to early retirement instead.
I am curious is it really this expensive just to keep your incorporated home hobby? I hear that when going insurance, you are extremely lucky just to get 2 Mill insurance for 2K a year, and even then they will try to find any way out of not paying you when you are in trouble.