Home » Top CPAs » Toronto's Top CPAs for Incorporation & Business Setup
Sharad Gondaliya
Published: March 2026
Toronto's Top CPAs for Incorporation & Business Setup Services
We extensively research and review all services we recommend. We evaluated each firm based on incorporation expertise, business setup guidance, post-incorporation support, pricing transparency, and client onboarding quality. Here's why you can trust us.
Starting a business in Toronto requires much more than filing incorporation paperwork. The best incorporation and business setup CPAs guide you through entity selection, corporate structuring, tax optimization from day one, compliance setup, and strategic planning for growth. Toronto entrepreneurs—from first-time business owners and professionals to experienced business people expanding operations—rely on proper incorporation and setup to establish strong legal, tax, and operational foundations. This guide highlights the top CPAs in Toronto specializing in incorporation and business setup based on incorporation expertise, post-incorporation support, tax setup strategy, compliance readiness, and transparent guidance. Each firm has been reviewed to help you make a confident decision for your business launch.
Table of Content
Section
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Service Costs
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Selection Criteria
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Top 7 CPAs
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Comparison Table
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Setup Guide
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How to Choose
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FAQ
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Final Thoughts
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How much do incorporation and business setup services cost in Toronto?
Service Type
Typical Cost Range
Ontario Incorporation Filing & Processing
CAD 300 - CAD 800
Federal Incorporation Filing
CAD 400 - CAD 1,000
Business Licensing & Permits
CAD 200 - CAD 600
Legal Entity Selection Guidance
CAD 500 - CAD 1,500
Tax Setup & CRA Registration (GST/HST, Payroll)
CAD 400 - CAD 1,200
Business Bank Account Setup Support
CAD 200 - CAD 500
Post-Incorporation Tax Planning Review
CAD 800 - CAD 2,000
Complete Business Setup Package (All Services)
CAD 2,000 - CAD 5,000
Fees vary based on entity type (sole proprietor, partnership, corporation), jurisdiction (Ontario vs. federal), complexity of business structure, and additional services needed. Many firms offer bundled setup packages that save 15-25% compared to individual service pricing. Transparent firms provide clear cost breakdowns and all-inclusive pricing before starting.
How we selected the best incorporation and business setup CPAs
The top incorporation and business setup CPAs who made this list were selected based on these criteria:
Incorporation Expertise – Deep knowledge of Ontario and federal incorporation options, requirements, and optimal structure for different business types.
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End-to-End Business Setup Guidance – Comprehensive support from entity selection through tax registration, licensing, and compliance setup.
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Tax Setup & Optimization – Proactive tax planning from incorporation, not just filing. Structure optimization to minimize taxes from day one.
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Post-Incorporation Support – Ongoing guidance after incorporation including compliance calendars, first year strategy, and growth planning.
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Pricing Transparency & Accessibility – Clear fee structures, bundled setup packages, and affordable options for new business owners.
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Toronto's Top CPAs for Incorporation & Business Setup
1
Gondaliya CPA – Toronto
Services
- Ontario & Federal Incorporation Filing
- Entity Selection & Structure Guidance
- Business Licensing & Permits Support
- CRA Tax Registration Setup
- GST/HST & Payroll Registration
- Business Bank Account Coordination
- Post-Incorporation Tax Planning
- First Year Compliance Calendar & Strategy
- Growth Planning & Scaling Support
Website
gondaliyacpa.ca
Address
168 Simcoe St Unit 1118, Toronto, ON M5H 4C9
Contact
(647) 212-9559
Hours
Monday – Sunday: 9:00 AM – 8:30 PM
Incorporation Expertise
★★★★★ (5/5)
End-to-End Setup Guidance
★★★★★ (5/5)
Tax Setup & Optimization
★★★★★ (5/5)
Post-Incorporation Support
★★★★★ (5/5)
Pricing Transparency
★★★★★ (5/5)
Gondaliya CPA is a founder-led firm recognized as a top choice for new business incorporation and comprehensive business setup in Toronto. With 700+ 5-star Google reviews and founder credentials spanning CPA licenses in Canada and the U.S., the firm specializes in guiding entrepreneurs and professionals through incorporation with tax optimization from day one. The firm is particularly strong for first-time business owners, professionals incorporating their practices, and entrepreneurs seeking comprehensive setup guidance.
Clients value the firm's end-to-end setup support, direct CPA involvement from incorporation through first-year compliance, transparent bundled pricing, and proactive tax planning that optimizes the business structure immediately. The founder, Sharad Gondaliya, brings deep expertise in business incorporation, entity selection, tax setup, and early-stage business strategy.
What Makes Them Stand Out: Comprehensive incorporation and setup packages, direct CPA involvement in entity selection and planning, transparent fixed pricing with no hidden costs, proactive tax optimization from incorporation, post-incorporation compliance guidance, first-year strategy support, extended hours for busy entrepreneurs, 30-day money-back guarantee on services.
Best For: First-time business owners, professionals incorporating practices (doctors, lawyers, accountants), entrepreneurs seeking comprehensive setup, small business startups, business owners wanting tax-optimized structures from day one.
Pros
- Comprehensive end-to-end setup packages
- Direct CPA involvement in all incorporation decisions
- Transparent fixed pricing with bundled packages
- Proactive tax optimization from day one
- Post-incorporation compliance guidance included
- 700+ 5-star reviews from entrepreneurs
- Extended hours for busy business owners
- 30-day money-back guarantee
Cons
- Primarily focuses on business startup rather than personal incorporation
2
MNP LLP – Toronto
Services
- Incorporation & Business Formation
- Business Planning & Structure Advice
- Tax Compliance Setup
- Business Consulting
- Accounting & Bookkeeping Setup
Website
mnp.ca
Address
1 Adelaide St E, Suite 1900, Toronto, ON M5C 2V9
Contact
(416) 596-1711
Hours
Monday–Friday, 8:30 AM – 5:00 PM
Incorporation Expertise
★★★★★ (5/5)
End-to-End Setup Guidance
★★★★☆ (4/5)
Tax Setup & Optimization
★★★★☆ (4/5)
Post-Incorporation Support
★★★★☆ (4/5)
Pricing Transparency
★★★☆☆ (3/5)
MNP LLP is known for supporting Canadian business startups and new entrepreneurs with incorporation and business formation services. They combine incorporation expertise with business consulting to help new business owners understand their options and build solid foundations for growth. Their integrated approach to incorporation and business planning adds value for entrepreneurs planning sustainable businesses.
MNP brings strong incorporation expertise and consulting capability. Their team helps new business owners think through not just how to incorporate, but how to structure for sustainable growth and business success.
What Makes Them Stand Out: Strong incorporation expertise, integrated business consulting, business planning support, growth-oriented approach, practical guidance for new entrepreneurs.
Best For: New entrepreneurs seeking comprehensive business guidance, startup founders wanting incorporated structure, business owners planning growth from day one.
Pros
- Strong incorporation expertise
- Integrated business consulting
- Growth-oriented approach
- Business planning support
- Practical guidance for startups
Cons
- Moderate pricing transparency
- Pricing varies by engagement
- Less focused on comprehensive setup packages
3
BDO Canada LLP – Toronto
Services
- Business Formation & Incorporation
- Tax Planning & Compliance Setup
- Advisory & Consulting
- Financial Planning
- Risk & Compliance Services
Website
bdo.ca
Address
20 Wellington St E, Suite 500, Toronto, ON M5E 1C5
Contact
(416) 865-0111
Hours
Monday–Friday, 8:30 AM – 5:00 PM
Incorporation Expertise
★★★★★ (5/5)
End-to-End Setup Guidance
★★★★☆ (4/5)
Tax Setup & Optimization
★★★★★ (5/5)
Post-Incorporation Support
★★★★☆ (4/5)
Pricing Transparency
★★★☆☆ (3/5)
BDO Canada offers comprehensive business formation and incorporation services with strong tax planning expertise. Their sophisticated approach to incorporation and tax setup is well-suited for entrepreneurs planning complex structures or those seeking premium advisory alongside incorporation services.
BDO brings extensive resources and technical expertise to business formation. Their team can handle complex incorporation scenarios and provide sophisticated advisory support for structured business launches.
What Makes Them Stand Out: Extensive tax planning expertise integrated with incorporation, sophisticated advisory capability, complex structure handling, large team for comprehensive support.
Best For: Complex business structures, entrepreneurs seeking sophisticated advisory, multi-entity startups, businesses planning international operations.
Pros
- Extensive tax planning expertise
- Strong incorporation knowledge
- Sophisticated advisory capability
- Complex structure handling
- Large team resources
Cons
- Premium pricing for new businesses
- May be overkill for simple incorporation
- Less personalized service
4
RSM Canada LLP – Toronto
Services
- Business Formation & Incorporation
- Tax Setup & Compliance
- Business Planning Support
- Advisory Services
- Accounting Setup & Systems
Website
rsm.ca
Address
11 King St W, Suite 700, Toronto, ON M5H 4C7
Contact
(416) 480-0160
Hours
Monday–Friday, 8:30 AM – 5:00 PM
Incorporation Expertise
★★★★☆ (4/5)
End-to-End Setup Guidance
★★★★☆ (4/5)
Tax Setup & Optimization
★★★★☆ (4/5)
Post-Incorporation Support
★★★★☆ (4/5)
Pricing Transparency
★★★☆☆ (3/5)
RSM Canada provides mid-market business formation services with structured approach to incorporation and tax setup. Their systematic methodology to business launch helps entrepreneurs understand all required steps and maintain compliance throughout the setup process.
RSM brings organized approach to incorporation and business setup. They help entrepreneurs navigate the process methodically and establish strong compliance foundations from day one.
What Makes Them Stand Out: Structured incorporation approach, systematic business planning, accounting system setup, organized compliance process, mid-market expertise.
Best For: Entrepreneurs valuing organized process, growing startups needing accounting systems, businesses planning for scale from inception.
Pros
- Structured incorporation approach
- Systematic business planning
- Accounting system setup expertise
- Organized compliance process
- Scalability for growing businesses
Cons
- Moderate pricing transparency
- Higher cost for simple incorporation
- Less personalized service
5
Grant Thornton LLP Canada – Toronto
Services
- Business Formation & Incorporation
- Tax Planning & Setup
- Advisory Services
- Accounting & Bookkeeping
- Compliance & Risk Management
Website
grantthornton.ca
Address
200 King St W, 11th Floor, Toronto, ON M5H 3X6
Contact
(416) 366-0100
Hours
Monday–Friday, 8:30 AM – 4:30 PM
Incorporation Expertise
★★★★★ (5/5)
End-to-End Setup Guidance
★★★★☆ (4/5)
Tax Setup & Optimization
★★★★☆ (4/5)
Post-Incorporation Support
★★★★★ (5/5)
Pricing Transparency
★★★☆☆ (3/5)
Grant Thornton delivers incorporation and business setup services with strong compliance focus and national presence. Their well-developed frameworks for business formation and establishment of compliant operations make them suitable for entrepreneurs seeking professional-grade business setup with compliance confidence.
Grant Thornton brings established processes and resources to business formation. Their strong compliance expertise ensures new businesses start with robust foundations and are prepared for CRA relationships and ongoing compliance.
What Makes Them Stand Out: Strong compliance framework, national resources, extensive incorporation experience, post-incorporation support strength, professional-grade setup.
Best For: Professional firms incorporating practices, entrepreneurs seeking compliance-focused setup, businesses planning national expansion, established founders seeking professional setup.
Pros
- Extensive incorporation expertise
- Strong compliance framework
- National resources and presence
- Excellent post-incorporation support
- Professional-grade setup processes
Cons
- Higher cost for new businesses
- Less personal service approach
- May be overkill for simple startups
6
Baker Tilly Canada – Toronto
Services
- Business Formation & Incorporation
- Business Advisory & Planning
- Tax Setup & Compliance
- Accounting System Setup
- Digital Services & Technology
Website
bakertilly.ca
Address
200 University Ave, 14th Floor, Toronto, ON M5H 3C6
Contact
(416) 368-7990
Hours
Monday–Friday, 9:00 AM – 5:00 PM
Incorporation Expertise
★★★★☆ (4/5)
End-to-End Setup Guidance
★★★★☆ (4/5)
Tax Setup & Optimization
★★★★☆ (4/5)
Post-Incorporation Support
★★★★☆ (4/5)
Pricing Transparency
★★★☆☆ (3/5)
Baker Tilly Canada is a well-established accounting and advisory firm offering comprehensive business formation and setup services. Their Toronto office serves entrepreneurs with integrated incorporation, business planning, and accounting system setup. Baker Tilly excels at helping startup founders establish modern, efficient business foundations with digital-first approaches.
Baker Tilly combines incorporation expertise with business advisory and digital innovation. Their team helps entrepreneurs not just incorporate, but build modern, scalable business operations from inception.
What Makes Them Stand Out: Integrated business advisory, digital-first approach to setup, accounting system expertise, scalable business foundations, modern technology integration.
Best For: Tech-savvy entrepreneurs, startups seeking modern business systems, founders planning digital operations, growth-focused startup founders. https://gondaliyacpa.ca/torontos-top-cpas-for-incorporation-business-setup/
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