NewsCase StudiesEvents

Sole Proprietor in Canada. What you should know!

Also in the news...

Trade and services regulations in Luxembourg

If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:

If you were living in Iceland before 1 January 2021

Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.

UK sanctions guidance for Uzbek businesses

Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.

Protecting Business Reputation When Entering Foreign Markets

Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.

Key Worker Protection Laws That Differ Across Borders

Sole Proprietor in Canada. What you should know!

Back to News

What does it mean to be a Sole Proprietor?

Starting and operating a business as a private individual has its benefits and drawbacks. While providing a simple and straight-forward business structure, which does not require any complicated registrations or administration, operating as a Sole Proprietor also exposes the business owner to personal liabilities for the operations of the business. It will also limit future growth and development of the business in many ways.

In this video we will overview the process of starting a business as a Sole Proprietor, registrations that are necessary or advised for business operations and an option of using a separate name for a business.

We will overview and summarize which types of business are fit for Sole Proprietorship to make the decision-making process as simple as possible.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.