REGISTER A SOLE PROPRIETORSHIP IN YUKON
1-Hour Service Available
Only $99 + Government Fee
We’re an official intermediary for the Province of Yukon.
Register under your personal or business name – No hassle, no delays
Fast. Simple. Affordable
Register Your Business in Yukon
Yukon Sole Proprietorship
- Managed through Information Services Corporation (ISC)
- Affordable registration with optional name search
- Great for small businesses and startups
Yukon Trade Name
- Required for operating under a name other than your legal name
- Available for sole proprietors, partnerships, and corporations
- Simple and efficient online registration
Yukon General Partnership
- Simple to set up - no formal registration required unless using a business name
- All partners share equal management rights and responsibilities
- Partners have unlimited personal liability for business debts
Yukon Limited Partnership (LP)
- Requires at least one general partner with unlimited liability
- Must be formally registered with the Yukon government
- Ideal for investors or passive partners seeking liability protection
WHY START WITH US
Why Start a Sole Proprietorship in Yukon?
Thinking of starting your own business in the North? A Sole Proprietorship in Yukon is one of the fastest and most cost-effective ways to get started. With full ownership, fewer regulations, and simplified tax filing, it’s a great option for solo entrepreneurs and independent contractors.
Here’s why it’s a smart first step:
- Low cost and quick to set up
- Fewer government requirements
- Ideal for freelancers, consultants, and small business owners
- Final documents are emailed within 2 hours—valid for opening a bank account or beginning operations
Simple. Flexible. Built for First-Time Business Owners.
Start Your Business Registration Now
Just 4 Simple Steps
Fill Out The Online Form
Enter your business name, address, and ownership details
Submit Required your Documents
Upload a valid ID and any necessary details
Review & File your Application
Our team will verify and file your sole proprietorship with the respective registry
Document Ready in 30 Minutes
Your official Registered Document will be emailed to you
What Are the Benefits of Registering a Sole Proprietorship?
Affordable to Start:
One of the biggest advantages of sole proprietorship registration is the low startup cost. This simple business structure gives you flexibility to test, adapt, and pivot your business idea without major upfront expenses.
Quick and Easy Setup:
When you register a sole proprietorship in Canada, the process is fast and straightforward. In just a few clicks, you can complete your sole proprietorship registration and officially start operating.
Simple Tax Filing:
With a Canada sole proprietorship registration, business income is reported on your personal tax return. This makes tax season easier, allowing you to deduct business expenses without dealing with complex corporate tax rules.
What Are the Drawbacks of a Sole Proprietorship?
Personal Liability:
When you register a sole proprietorship, you’re fully responsible for your business’s debts and obligations. There’s no legal separation between you and your business, which means personal assets could be at risk if the business faces financial trouble.
Limited Growth Potential:
As your business grows, a sole proprietorship structure can become limiting. Access to funding, business partnerships, and expansion opportunities may be harder to secure compared to incorporated businesses.
Higher Personal Tax Burden:
Depending on how much your business earns, you may find yourself pushed into a higher personal tax bracket. This is something to consider when deciding how to register a sole proprietorship and manage future financial planning.
What Our Clients Are Saying
How to Register a Sole Proprietorship in Yukon !
Frequently Asked Questions
What is a Sole Proprietorship in Yukon?
A Sole Proprietorship in Yukon is a business owned and operated by a single individual. The owner is fully responsible for all aspects of the business, including profits, debts, and liabilities.
Do I need to register my Sole Proprietorship in Yukon?
Yes. If you plan to operate under a business name that differs from your personal legal name, you must register with the Yukon Corporate Affairs office.
How long does it take to register a Sole Proprietorship in Yukon?
Registration is typically processed within 1–2 business days. Once approved, you will receive official documentation for use in banking and business operations.
What taxes do Sole Proprietors in Yukon need to pay?
You’ll report your business income through your personal income tax return. If your annual business revenue exceeds $30,000, you must register for and collect GST (Goods and Services Tax).
Can I open a business bank account with a Sole Proprietorship in Yukon?
Yes. Once you have your business registration certificate, you can open a business bank account and access business-related financial services.
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