Incorporation vs Sole Prop
businessBest for: Business structure scenario planning
Primary output: Estimated net outcome comparison
Depth: StandardTime: 2-4 min
Open Calculator
Calculator
Incorporation vs Sole Prop
Compare owner-level estimate outcomes using simplified tax assumptions to support planning discussions.
Inputs
$
$
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%
Results
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How This Works
- Sole prop scenario applies a personal tax estimate to all profit.
- Incorporated scenario applies corporate tax, then personal tax to owner draw.
- The output highlights retained corporate cash and estimated owner net cash.
Related Services and Locations
Important Disclaimer
- Estimate only. This calculator is for planning and does not replace advice from Olson & Company or CRA guidance.
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Open CalculatorCalculator FAQs
Is this enough to decide incorporation?
No. Legal, payroll, and long-term planning factors should be reviewed with a professional.
Can salary/dividend choices be modeled?
This version provides a high-level structure; detailed planning should be reviewed directly.