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CRA Form T2125 / Provincial Master Business Licence

Canada Sole Proprietorship & Freelancer Tax Guide 2026

Complete guide to operating a sole proprietorship in Canada, registering business names, reporting net business income on CRA Form T2125, and CPP self-employed contributions.

Frequently Asked Questions (FAQ)

If you operate the business under your legal personal name, registration is not required. If operating under a trade name, you must register a Master Business Licence in your province.