Business Exit

Image by freepik Exiting your business in Ontario not only marks the end of one chapter but also the beginning of another—your retirement. Proper retirement planning is critical to ensure that you can enjoy financial stability and maintain your desired lifestyle post-exit. This guide outlines the essential steps for effective retirement planning as you prepare to exit your business. Setting Up...

Exiting a business in Ontario involves complex tax considerations that can significantly impact your financial outcomes. Properly understanding and managing these tax implications is crucial for maximizing your profits and ensuring a smooth transition. This guide explores the key tax-related aspects to consider when planning your business exit. Key Tax Considerations 1. Capital Gains Tax: When...