Sole Proprietorship & Partnership Registration
Start Your Business the Right Way
Not every business needs to incorporate. For many small businesses, freelancers, and entrepreneurs in North Vancouver, BC, registering as a sole proprietorship or partnership is the best way to get started. These business structures offer simplicity, lower costs, and fewer reporting requirements compared to incorporation.
At Westview Accounting & Tax Services Inc., we help new business owners register their sole proprietorships and partnerships properly, ensuring compliance with BC regulations and setting you up for long-term success.
Sole Proprietorship vs. Partnership –
Which One is Right for You?
Sole Proprietorship
A simple business structure owned by one person who controls all decisions and keeps all profits, but is personally responsible for all debts and liabilities. Income is reported on the owner’s personal tax return, and setup is quick and inexpensive, though raising capital can be challenging.
Partnership
Involves two or more people sharing profits, responsibilities, and decision-making. It’s also easy to set up, ideally with a partnership agreement in place. Each partner reports their share of income on their personal tax return, and while partnerships offer more resources and skills, they also require trust and shared liability for business debts.
TIP: However, incorporation isn’t right for every business. Sole proprietorships and partnerships offer simplicity but come with different tax and liability considerations. We assess your business needs to recommend the best structure for your goals.
Why Register Your Sole Proprietorship or Partnership?
Even though sole proprietorships and partnerships are simpler than corporations, they still need to be legally registered to operate under a business name in British Columbia.
Legally Operate Under a Business Name
You must register if you’re using any name other than your own.
Access Business Accounts & Financing
Many banks require registration to open a business bank account.
Compliance with CRA Tax Obligations
Corporations can raise capital more easily through investments or loans.
Establish a Professional Presence
Registration boosts credibility with clients, suppliers, and partners.
How Westview Simplifies the Registration Process
Business Structure Consultation
We help you determine whether a sole proprietorship or partnership is right for your business goals.
Complete Business Name Registration
We handle the entire BC Business Name Registration process, ensuring compliance with provincial regulations.
CRA Business Number & Tax Account Setup
If needed, we assist with registering your Business Number (BN), GST/HST account, and payroll account with the CRA.
Partnership Agreements & Legal Compliance
For partnerships, we provide guidance on partnership agreements to protect all parties involved.
Ongoing Tax & Business Support
Once your business is registered, we offer tax filing, bookkeeping, and business advisory services to help you grow.
How Westview Simplifies the Registration Process
Business Structure Consultation
We help you determine whether a sole proprietorship or partnership is right for your business goals.
Complete Business Name Registration
We handle the entire BC Business Name Registration process, ensuring compliance with provincial regulations.
CRA Business Number & Tax Account Setup
If needed, we assist with registering your Business Number (BN), GST/HST account, and payroll account with the CRA.
Partnership Agreements & Legal Compliance
For partnerships, we provide guidance on partnership agreements to protect all parties involved.
Ongoing Tax & Business Support
Once your business is registered, we offer tax filing, bookkeeping, and business advisory services to help you grow.
Why Work with Westview Accounting & Tax Services Inc.?
At Westview Accounting & Tax Services Inc., we combine deep expertise with personalized service. Our team takes the time to understand your unique financial situation and offers tailored advice to ensure your return is accurate, compliant, and optimized for maximum refunds. We don’t just file your taxes—we help you plan smarter for the future. Whether you’re a newcomer, business owner, or retiree, you can trust us for clear guidance, strategic savings, and peace of mind all year long.
Expert Guidance for BC Businesses
We specialize in North Vancouver-based businesses, ensuring full compliance with provincial and federal requirements.
Fast & Hassle-Free Registration
Avoid delays, errors, and unnecessary paperwork. We handle the process efficiently.
Comprehensive Business Support
From registration to tax filing, bookkeeping, and advisory services, we help your business thrive.
Start Your Business with Confidence
Setting up your sole proprietorship or partnership the right way is crucial for long-term success. Let Westview Accounting & Tax Services Inc. handle the
entire registration process, ensuring you start strong and stay compliant in North Vancouver, BC.
Contact Us Today! Get your business registered quickly and professionally.
Westview Accounting provides trusted accounting, tax, and bookkeeping services across North Vancouver and Surrey. We help individuals and businesses stay compliant, informed, and financially confident.
our services
Business Registration & Setup
Business Tax Preparation & Filing
Business Tax Planning & Optimization
Bookkeeping & Payroll
CRA Compliance, Audits & Dispute Resolution
Personal Tax Preparation & Filing
Personal Tax Planning & Optimization
CRA Compliance, Audits & Dispute Resolution
Surrey Address
208 – 7928 128 Street,
Surrey, BC V3W 4E8
North Vancouver Address
202 – 1451 Lonsdale Ave,
North Vancouver, BC V7M 2H9
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