Credit Core Accounting: Supporting and Advising New Business Setups.
Setting up a new business can be daunting, requiring meticulous planning and foresight. Credit Core Accounting understands the challenges, especially for startups in Calgary, and aims to provide professional support and guidance.
Our Team of Expertise
At Credit Core Accounting, we have highly skilled professional accountants and taxation experts with extensive experience managing finances for new and existing businesses across various industries.
Business Structure Advice: We engage with new business owners to help them choose the appropriate business structure. Our financial advisors explain different ownership models, their advantages and disadvantages, and assist in selecting the best fit for specific client needs.
Registration Assistance: We assist with the legal registration requirements for new businesses with the Canada Revenue Agency (CRA). This includes obtaining a Business Number (BN), which serves as the tax ID for your entity. Our experts handle documentation, filing, and follow-ups to ensure compliance.
Post-Registration Obligations: After obtaining a BN, we guide new businesses through GST/HST registration and registration for other government program accounts such as corporate income tax, excise duty, payroll deductions, and import/export, as applicable.
Bookkeeping Setup: Credit Core Accounting helps set up effective bookkeeping systems to accurately record financial transactions. This ensures proper tax filing and facilitates preparation of annual financial statements.
Startup Business Planning: We encourage aspiring entrepreneurs to share their business ideas with us. Our team assists in developing practical business plans that can attract investors and transform ideas into viable ventures.
Consultation for Business Purchase and Sale: Whether buying or selling a business, our accounting and financial specialists provide crucial support. We conduct due diligence for buyers, examine relevant documents, and offer strategic advice for sellers on legal issues, asset sales, and share transactions.
Contact us today to schedule a confidential consultation and let our expertise guide you in payroll processing and accounting.