A free Closure Options Check shows which routes may be open to you, a rough after-tax range for each, and the red flags to look at first. Takes a few minutes. No card needed.
Start the free Closure Options CheckFree · 6 questions · about 2 minutesBased on your own answers, in plain language.
Ontario and federal (CBCA) corporations to start.
Closing a business is one of the biggest financial decisions you will make. The wrong order, an unpaid CRA account or a payout to shareholders too early can follow you personally.
Most guides list forms. They do not show what each way of closing leaves you with, or what you could still owe.
Directors can be personally liable for some unpaid CRA amounts, and personal guarantees do not end with the business.
Your accountant, lawyer and bank each see a part. Nobody puts it in order for you.
Corporation or other, province, employees, debts and assets. Rough numbers are fine.
Which routes may be open, a rough after-tax range, and the red flags that apply to you.
Do it yourself with guided steps and prepared documents, or bring in a consultant only where you need one.
We are consultants and coordinators. We assess your situation, set out the options, prepare briefs and documents for your professionals, and coach you through it. We are not a law firm, an accounting firm or an insolvency trustee. When your situation needs one, we say so. We neither pay nor accept referral fees.
Prices in CAD, plus applicable taxes. Upgrade any time and pay only the difference.
Fees of your accountant, lawyer or trustee are not included; you pay them directly.
No. CloseMyBusiness.ca provides information and prepared documents for professional review. Your accountant and lawyer give the advice that needs a licence.
The free check takes a few minutes. A full closing takes longer and depends on your situation; the CRA clearance certificate alone can take months.
The check flags it early. Directors can be personally liable for certain unpaid amounts, so talk to your accountant, and to a licensed insolvency trustee if you cannot pay.
Yes. Stopping operations is not the same as closing, and many owners are in this position.
Yes. We prepare a brief that tells your accountant what to request and in what order.
Everything you tell us is confidential. We share it only on your written instruction or if a subpoena or court order requires it. It is not legally privileged.
Start with the free Closure Options Check and see where you stand, whatever you decide.
Start the free Closure Options CheckFree · 6 questions · about 2 minutesFree. No card needed. Takes a few minutes. Your answers stay confidential.