Self employment is a realistic path for many newcomers, especially where licensing makes an employed role slow to reach. Ontario has free public support for people starting out.
- Small Business Enterprise Centres in most cities offer free advice on business plans, registration and taxes.
- Settlement agencies run entrepreneurship workshops aimed at newcomers.
- Microloan programs lend small amounts to people who cannot yet access bank credit.
- Mentors from local business associations can review your plan before you spend money.
Common business structures
- A sole proprietorship is owned by one person, who is personally responsible for the business.
- A partnership is owned by two or more people who agree how to share work, income and responsibility.
- A corporation is a separate legal entity with more filing and record keeping requirements.
Practical first steps
- 1Write a simple business plan covering what you sell, who buys it and what it costs you.
- 2Check what licences your type of business needs from the city and the province.
- 3Register the business name and decide whether to operate as a sole proprietor or a corporation.
- 4Open a separate bank account and keep every receipt for tax time.
- 5Learn the sales tax rules that apply once your revenue passes the registration threshold.
- 6Check insurance, bookkeeping, business banking and any industry specific permits.
Free help
Small Business Enterprise Centres, newcomer entrepreneurship programs, community organizations and mentors can help you test a plan. Use official federal and provincial business resources for registration and tax information. For advice about your own tax situation, speak with a qualified professional.
Last reviewed: August 5, 2026Official sources