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FAQs about how to start dropshipping in Canada

How do I register my dropshipping business in Canada?

The easiest way to make your dropshipping business legal is by registering your dropshipping business as Sole Proprietorship, which means that you don’t need to obtain a business license. And you conduct your business under your name, making the process of start-up much easier.

How much do I pay in taxes for dropshipping business in Canada?

Canada employs a progressive tax system, which means that your tax increases with the amount of revenue. In 2022, the parameters for taxation were like this.

Tax Rate                            Tax Brackets                      Taxable Income

15%                                   on the first $50,197            $50,197

20,5%                                on the next $50,195           $50,197 up to $100,392

26%                                   on the next $55,233           $100,392 up to $155,625

29%                                   on the next $66,083           $155,625 up to $221,708

Is it profitable to start a dropshipping business in Canada?

Dropshipping business in Canada is steadily growing and increasing its yearly revenue constantly. It is predicted that in 2023 this revenue will amount to $55 billion. So the answer is yes, dropshipping is certainly profitable in Canada, and it will continue to be even more profitable in the coming years.

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