Company formation procedures (federal or provincial)

Starting a business in Ottawa involves navigating various regulatory steps, and we understand the challenges new business owners often face. Confida Financial Solutions provides expert guidance through every phase of federal or provincial company registration, ensuring full compliance with legal requirements. We aim to make the process seamless, allowing you to focus on the growth and vision of your new venture.

Bank account opening

Setting up the right bank account is crucial for your business’s financial health. We know that the options can seem overwhelming, and choosing the best fit requires knowledge of both the banking landscape and your business’s unique needs. Confida helps you identify and open the ideal account, minimizing unnecessary fees and ensuring smooth financial management from the start.

GST/HST Registration

Registering for GST/HST is essential for many businesses, yet we know this can be a point of confusion. With Confida, you can rest assured that your Ottawa-based business will be properly registered, enabling compliant tax collection and remittance. Our team handles this critical step with efficiency, helping you meet federal and provincial tax obligations confidently.

GST/HST Returns Preparation and Filing

Timely and accurate filing of GST/HST returns is essential to avoid penalties, but we understand how challenging it can be to keep track of deadlines and requirements. Confida’s experienced team handles all aspects of your GST/HST filings, from calculations to submissions with the CRA. Our meticulous approach ensures that your business remains compliant, freeing you to focus on your operations.

T4 and T5 Remittances

For Ottawa employers, T4 and T5 reporting can be confusing, especially if you’re handling multiple employees or dealing with complex investment income. Our clients often express relief when we step in to manage these filings, ensuring they’re accurate and submitted on time. At Confida, we understand the unique reporting needs of Ottawa businesses, and our attention to detail minimizes errors, keeping your business in good standing with the CRA.

Accounting and Bookkeeping

Managing day-to-day financial records can quickly become a burden for growing Ottawa businesses. We know how easy it is for receipts to pile up and for bookkeeping to fall behind. With Confida, you’ll have organized, accurate financial records you can rely on. From tracking expenses to preparing financial statements, our accounting and bookkeeping services give you the clarity you need to make sound business decisions.

Payroll Services: Deductions, Contributions, Remittances

Payroll can be a headache, with changing tax rates, deductions, and remittance deadlines. We understand the common payroll challenges faced by Ottawa business owners, from calculating accurate paychecks to handling employee questions about deductions. Confida’s payroll service manages all the details—ensuring deductions, contributions, and remittances are done correctly—so you can keep your team happy and focused.

CRA Inquiry and Tax Audit Support

Facing a CRA inquiry or audit can be intimidating, especially if you’re unsure of what’s required. We’ve worked with many Ottawa clients who’ve been through this, and we know the stress it can bring. Confida is here to guide you through the process, representing you with the CRA, preparing necessary documents, and responding to inquiries. Our goal is to make audits as seamless as possible, so you can focus on running your business without unnecessary worries.