GST/HST is the most common sales tax incurred in Canada; but, many provinces impose additional consumption taxes on inelastic products such as oil, alcohol, tobacco, parking, carbon tax, hotel room taxes among others.
At IFII, we provide a wide variety of services aimed at tax planning advice, and helping out businesses on GST/HST taxes, business transfers, corporate reorganizations, compliance review, preparing legal opinions, tax audits, collection issues, licensing & registration, and many others.
We have expertise in the sales tax planning area, and we’ve already helped a number of businesses deal with HST in Ontario!
Each company must keep track of and show their tax filings to the government. To help facilitate the process, we have expert corporate filing lawyers in Ontario. We can help with all the corporate filings, formation and transaction needs for the company. IFII can also take care of all the tax return filings for corporate clients.
We also provide the following services:
- Ontario Initial Return/Notice of Change (Form 1)
- Ontario Extra-Provincial Registration (Companies Incorporated in Canada)
- Ontario Annual Return
- Federal Annual Return
- Other Federal Filings
Payroll is one of the important aspects of any business, and it’s definitely one of the trickiest. There are a lot of aspects that play here; basic salary, allowances, income taxes, employment insurance and Canada Pension Plan (CPP), etc. IFII helps businesses to make the process a lot easier.
We have already helped a number of companies set up their payroll system and automate their financial processes. We also have expertise in working with payroll processing and payroll schedule.
The first step in legalizing a business in Ontario is registering the business to the government database. It’s illegal to operate a business in Canada without proper business registration. In Canada, legalizing a business is a time-consuming process, and requires a lot of effort!
To help businesses save time and effort, IFII helps to get businesses registered. We also aid businesses in ownership management, business name registration, promissory notes, bill of sales, demand letters among many others.
A business plan is a very important strategic tool for entrepreneurs. It takes into account the short-term and long-term business goals and helps entrepreneurs to stay aligned with the objectives. It’s an indispensable part of businesses and helps in the business’s clarity and success.
At IFII, we pair with businesses and help them create a strong business plan that best suits their offering and their market. We can help create an in-detailed plan that goes through each and every aspect there is to the business, including the financial, supply chain, process, etc.
We offer diverse portfolio of Investment, Insurance & Risk Management Solutions. No matter what type of plan you are looking for, we are committed to deliver quality advice.