Exiting your business 

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Know your options and obligations before you exit your business, whether you are closing for good, handing over your business to friends or family, or selling it.

  • Succession planning

    Find the right strategy for handing over or selling your business to someone else.

  • Closing your business

    If you are planning to close your business, there are a few things you should consider, such as notifying Canada Revenue Agency (CRA), filing a final tax return, paying any outstanding tax amounts, and financing your succession planning.

  • Bankruptcy

    Get information on alternatives to bankruptcy and details on the process of bankruptcy, if you need to take that route.